Yahoo and Alibaba have finally hashed out terms that will see Yahoo sell back half of its stake in the Chinese e-commerce site in a $7 billion deal, according to an AllThingsD report.
Yahoo will sell half of its 40 …
Although Scott Thompson joins the jobless after recently resigning from his CEO position at Yahoo, don’t look for him on any unemployment lines. Yahoo stated in a filing today Thompson would be receiving nearly $7 million in make-good cash from …
Scott Thompson, who resigned this weekend as chief executive of Yahoo, reportedly disclosed to the company’s board of directors and several colleagues last week that he has been diagnosed with thyroid cancer.
The news was reported this evening by the …
Editor's Pick
After an aggressive reign that ended in a sordid résumé scandal, Scott Thompson, just four months into his job as CEO, is out at Yahoo. Intermin CEO Ross Levinsohn, appointed to the position Sunday, is already in communication with Yahoos …
Update: Yahoo said in a statement Sunday afternoon that Ross Levinsohn has been named interim CEO, effective immediately. Fred Amoroso was named chairman of the board. The company also said that it has settled with Third Point. Daniel Loeb, Harry …
Guest Post
Yahoo CEO Scott Thompson’s latest explanations don’t cut it. He needs to go.
According to Business Insider, he told Yahoo employees that the errors on his bios were not his fault — he didn’t submit a resume to Yahoo, some …
Updated 4:15pm with statements from Patti Hart and International Game Technology chairman Philip Satre.
The first one bites the dust. Yahoo director Patti Hart will not seek reelection at the board’s annual meeting. The company has been on shaky grounds …
Some people interpreted my piece calling out Silicon Valley’s snobbishness about computer science degrees as a defense of embattled Yahoo CEO Scott Thompson. It’s not.
Thompson’s mistake is a big issue. It reflects his own ethical lapses as well as …
It seems that Yahoo’s new chief executive Scott Thompson is staying quiet about his falsified biography situation to top executives at the company — a move that could paint him as guilty.
Last week, Thompson was outed by an activist …
I don’t have a computer science degree. There, I said it.
At too many companies around Silicon Valley that would make me unemployable.
I’ve been amused by the scandal surrounding Yahoo CEO Scott Thompson’s embellishment of his resume to include …
Yahoo’s board plans to review the apparent resume padding of CEO Scott Thompson after activist shareholder Dan Loeb accused Thompson of lying about his education, the company said late on Thursday.
Under new allegations, and mounting evidence that Thompson misrepresented …
Updated 2:00 pacific time with statement from Yahoo.
Yahoo chief executive Scott Thompson is being accused of lying about his education in Yahoo’s SEC filings. He and Dan Loeb, the force behind Yahoo’s greatest outstanding shareholder Third Point, are fighting …
Yahoo has lost significant market share, reduced its staff multiple times, and its market cap continues to dive. But chief executive Scott Thompson is trying to rehydrate what is currently his raisin of a company by killing off unnecessary products …
Iconic tech company Yahoo‘s first quarter 2012 revenue saw a slight one percent increase compared to the same period last year, beating Wall Street’s estimates, according to the company’s quarterly earnings report.
But the earnings numbers are largely overshadowed by …
Yahoo is in for some big changes and a huge shakeup in leadership, according to a memo issued today by Scott Thompson, the company’s still-new CEO.
Thompson (pictured) came to Yahoo from PayPal just a few months ago. The long-awaited …
Not one to sit quietly on the sidelines as Yahoo crumbles, the company’s largest outside shareholder Third Point has responded to Wednesday’s layoffs with a sharply worded critique that questions CEO Scott Thompson’s decision-making process.
“While this action was unfortunately …
It’s raining pink slips at Yahoo today, as the iconic tech company announced it was laying off 2,000 employees — or 14 percent of its total workforce — as part of a massive restructuring effort.
Yahoo has suffered a great …
Tech giant Yahoo has struggled to find its way over the last five years, rotating through four CEOs and a series of layoffs. Now, activist shareholder Third Point, which is agitating to add four handpicked members to Yahoo’s board, has …
Yahoo executives might be slashing and burning products, departments, and jobs today at an all-day offsite meeting, with cuts being led by the company’s still-new CEO, Scott Thompson (pictured).
The meeting will likely end in a bottom-line-friendly restructuring of Yahoo, …
Editor's Pick
With Facebook getting ready for its IPO, Yahoo has decided to sue over patent infringement. Yahoo used the same tactic against Google in the run up to their IPO, pocketing a helping of the search engine’s pre-IPO shares.
Yahoo’s new …
