In 2009 Interview, Yahoo CEO Does Not Deny He Has a CS Degree, and Calls...
On March 25, 2009, Yahoo CEO Scott Thompson — when he was then president of PayPal — appeared on the TechNation radio show to talk about the revival of the eBay payments unit. At the end of the...
View ArticleYahoo Should Expect Incoming Lawsuit Lobbed by Loeb Tomorrow on CEO Hiring
On Friday, Third Point’s Dan Loeb — the activist shareholder who is waging an ever-nastier proxy battle against Yahoo — said in a letter regarding the inexplicable errors in the resume of its CEO...
View ArticleAs Yahoo CEO Reaches Out to Top Staff, Board Meets to Weigh "Options" (I.E.,...
Even as Yahoo’s board was kibitzing all weekend about how to handle the continuing resume-padding controversy around its recently hired CEO Scott Thompson — including hiring its own outside crisis...
View ArticleLoeb Lobs Lawsuit, as Expected, at Yahoo's Borked Bio Mess
Botched CEO bio. Activist shareholder. Screwy board of directors. Mix it all together and what do you get? More legal filings, natch! This — as I reported this weekend would happen today — from Dan...
View ArticleCEO Says Sorry to Yahoos for Borked Bio "Distraction" -- But Will Mea Culpa...
He’s sorry. Deeply regrets. Apologizes. Takes full responsibility for the unfortunate distraction to the people. No, it’s not a scandal-ridden politician caught in some compromising position, but...
View ArticleExclusive: Yahoo Director in Charge of Botched CEO Vetting to Step Down From...
CSLie has claimed its first victim, although the mystery is still unsolved. Patti Hart — the Yahoo director in charge of the search that resulted in the hiring of Scott Thompson as its CEO, making her...
View ArticlePlace Your Bets: Will Loeb Drop Another Bomb on Yahoo at Vegas Confab Later...
Daniel Loeb of Third Point — the activist shareholder who set off a management crisis at Yahoo last week with the revelation that new CEO Scott Thompson had added a fake computer science degree to his...
View ArticleLoeb Calls Again for Thompson Firing From Yahoo, as Former eBay Boss Supports...
As expected, activist shareholder Daniel Loeb of Third Point released a new letter on the bio controversy he set off at Yahoo, again calling for the firing of its CEO, Scott Thompson. “It seems...
View ArticleNot So Scott Free? Yahoo's Other Big Shareholder -- Cap Re -- Leaning Toward...
One of Yahoo’s biggest long-term investors, Capital Research and Management, which owns more than 10 percent of the company in two different funds, is leaning toward voting for the slate proposed by...
View ArticleIs He In or Is He Out? Crunchtime for Scott Thompson at Yahoo.
While he has only been CEO of Yahoo for less than five months, in the next several days Yahoo CEO Scott Thompson is facing perhaps the most critical moment of his short tenure. According to sources...
View ArticleExclusive: Yahoo's Thompson Out; Levinsohn In; Board Settlement With Loeb...
Yahoo’s embattled CEO Scott Thompson (pictured here) is set to step down from his job at the Silicon Valley Internet giant, in what will be dramatic end to a controversy over a fake computer science...
View ArticleHere's New Yahoo CEO's First Note to Troops! (The...
Here is the first missive to Yahoo’s troops from new interim CEO Ross Levinsohn, which I obtained from 653 sources at the company. (Joke alert! Sort of!) “Importantly, today’s announcements lay to...
View ArticleExclusive: Yahoo Finally Set to Strike Alibaba Share Deal -- Half Now, Then...
Yahoo is in the final stages of selling a large chunk of its stake in the Alibaba Group back to the company — in a complex deal that is set to include a multibillion-dollar share buyback to investors...
View ArticlePatent Peace: Yahoo and Facebook in Advanced Negotiations to Settle Fractious...
Top execs at Yahoo and Facebook have been hammering out the outlines of a deal over the last several days to end their contentious patent infringement litigation, according to multiple sources close...
View ArticleExclusive: Yahoo Board Hires Spencer Stuart for CEO Search
Yahoo’s board has hired Spencer Stuart in yet another CEO search, although sources close to the company said that interim leader Ross Levinsohn is the prime candidate for the position at this point....
View ArticleCan Yahoo's Busy New Board All Row in One Direction?
Here’s the good news: The nearly-new board of Yahoo is chock-full of experienced and active operators from a variety of backgrounds that are critical to the future of the Silicon Valley Internet...
View ArticleAOL Will Start Paying Out Its Pile-o'-Patent-Cash to Shareholders This Week...
For those AOL shareholders waiting for a juicy dividend after the Internet company’s billion-dollar sale of its patent portfolio to Microsoft, it appears you’ll have to get your gains via a stock...
View ArticleMayer to Get Close to $60 Million (And Maybe More) in Overall Compensation...
Yahoo revealed in a regulatory filing that it could be paying its new CEO Marissa Mayer a total of close to $60 million to turn the company around. The mega-sum includes salary, equity grants, stock...
View ArticleWith AOL Set to Report Q2 Earnings Tomorrow, Tim Armstrong's Feeling Closer...
When I was in New York last week, I got a chance to sit down with AOL CEO Tim Armstrong, the former not-Marissa-Mayer Googler, to talk about how it’s going in his thankless efforts to turn the New...
View ArticleWill the "Marissa Mayer Premium" -- or Is It Those Hedge Fund Dudes Piling in...
They like her, they really like her. Wall Street, that is, in regards to new Yahoo CEO Marissa Mayer, assigning the former Google exec a clear premium. And whether it is deserved or not yet from a...
View ArticleAlong With Flickr, Mail and Homepage, Yahoo's Board Will Also Get a Refresh...
In the last week, Yahoo has redone its powerful Yahoo Mail, refreshed its Flickr photo-sharing service and is also set to release a spanking new homepage design. It’s part of a series of changes made...
View ArticleYahoo Director Loeb Takes Another Smack at Former Chairman Bostock (This Time...
It seems time wounds all heels. But would you expect any different from the pugnacious hedge fund investor Dan Loeb, who is apparently back to attacking former Yahoo Chairman Roy Bostock? This time,...
View ArticleInternet Stocks -- Roaring All Year -- Are Speechless Over the Last Month
Overall, a variety of Internet tech companies have had a very good year when it comes to the stock market. Since the beginning of January, for example: Yahoo shares are up close to 33 percent;...
View ArticleUpdate: As Microsoft Restructuring Nears, Top Execs Fret Over Their Fate
According to sources close to the situation, Microsoft CEO Steve Ballmer is likely to unveil his plans to restructure the tech giant to a larger group of senior execs around the beginning of July....
View ArticleOne Microsoft On, Ballmer Out, ValueAct In -- Get Ready for the Next Shoe to...
It would seem that all it takes to be in a position to make big changes at Microsoft is $2.2 billion. That’s the value of the tiny 0.8 percent stake that ValueAct had compiled, which was enough to get...
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