Clik here to view.
Yahoo Beats Q1 Expectations (as Expected) -- Now, Will New CEO Outline More...
Yahoo beat Wall Street estimates in its first-quarter earnings report today, with revenue of $1.08 billion and earnings of 23 cents. That’s a gain of 28 percent from a year ago in net earnings and 38...
View ArticleClik here to view.
Yahoo Gives Dan Loeb a Fresh One, but Real Action in Proxy Fight Begins in...
Earlier today, Yahoo released a letter talking itself up to investors, introing a new Web site called Yahoo Forward to do more bragging and — you guessed it — giving yet another smackdown to activist...
View ArticleClik here to view.
Dan Loeb Alleges "Discrepancies" on Yahoo CEO Scott Thompson's Resume Related...
The gloves are now really off in the proxy battle for Yahoo. In a letter to Yahoo’s board, activist shareholder Dan Loeb of Third Point is alleging that the company’s new CEO Scott Thompson has...
View ArticleClik here to view.
Yahoo's Response on CEO's Computer Science ResumeGate: "Inadvertent Error"
A Yahoo spokesperson just confirmed as accurate allegations from an activist shareholder Dan Loeb of Third Point that its CEO Scott Thompson did not have a computer science degree from Stonehill...
View ArticleClik here to view.
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 ArticleClik here to view.
Yahoo 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 ArticleClik here to view.
As 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 ArticleClik here to view.
Loeb 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 ArticleClik here to view.
CEO 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 ArticleClik here to view.
Exclusive: 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 ArticleClik here to view.
Place 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 ArticleClik here to view.
Loeb 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 ArticleClik here to view.
Not 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 ArticleClik here to view.
Is 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 ArticleClik here to view.
Exclusive: 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 ArticleClik here to view.
Here'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 ArticleClik here to view.
Exclusive: 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 ArticleClik here to view.
Patent 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 ArticleClik here to view.
Exclusive: 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 ArticleClik here to view.
Can 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 Article