Yahoo has announced that one of the top executives from Google is taking over as their new CEO. Marissa Mayer resigned from her position at Google via telephone on Monday and will join Yahoo on Tuesday, ending her 13 year…
Scott Thompson has resigned as the CEO of Yahoo after the Internet company discovered that he had falsified information on his resume with regards to his educational background. The company has since named Ross Levinsohn as interim CEO, although his…
Posted May 4, 2012, 10:30 AM by Lee Kaelin | Filed in Industry News
In a bizarre turn of events, Yahoo's board of directors announced yesterday their intention to investigate allegations that current CEO Scott Thompson intentionally misled the company over his educational achievements, promising to report appropriately the findings to shareholders, according to…
Posted March 13, 2012, 1:00 PM by Jose Vilches | Filed in Industry News, The Web
Yahoo has filed a lawsuit against Facebook claiming that the company is infringing on 10 of its patents covering advertising, privacy controls, social networking, among other things. The timing is no coincidence, of course. The move comes shortly after Facebook…
Posted March 5, 2012, 4:30 PM by Shawn Knight | Filed in Industry News
Newly appointed Yahoo CEO Scott Thompson is said to be preparing a major restructuring plan that includes a vast number of layoffs. Multiple sources have told All Things D that thousands of employees at the Internet giant could be looking…
Posted January 19, 2012, 2:30 PM by Shawn Knight | Filed in Industry News
Yahoo has implemented a company-wide hiring freeze despite hundreds of open positions as the first step in a cost-reduction initiative. The company is even contemplating layoffs moving forward, although these are expected to be small and strategic at first, according…
Posted January 5, 2012, 3:30 PM by Shawn Knight | Filed in The WebWith Video
Just one day after Yahoo officially announced PayPal President Scott Thompson as their new CEO, speculation is running rampant that one of his first moves at helm could be to purchase Netflix. This speculation is based on a number of…
Yahoo has officially named PayPal President Scott Thompson as its new chief executive officer, ending a four-month long search to replace the famously outspoken Carol Bartz, who was fired in September after the company's board grew impatient with her attempts…
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