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Yahoo CEO Scott Thompson is finally gone amid scandal

Yahoo CEO Scott Thompson is finally gone amid scandal

The CEO of Yahoo Scott Thompson is now ex-CEO, in an announcement that leaves just about everyone saying, "It's about time." As to be expected, Yahoo's official wording about the departure of Mr. Thompson said nothing about why he left the company, and it even leaves some gray area as to whether he was officially fired or just resigned. Either way, as startling as it is to hear that it finally happened, no one should be surprised.

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Whistleblower calls for Yahoo! CEO to be fired

Whistleblower calls for Yahoo! CEO to be fired

Despite highly publicized stories of a falsified degree listing on his resume, Yahoo!'s CEO Scott Thompson still holds his position as of early Wednesday afternoon. Despite calls from one of Yahoo's largest invested hedge funds  for his resignation and financial mogul Warren Buffet's less than flattering statements to the same effect, Thompson has given no indication that he intends to do so. The latest call comes from Daniel Loeb himself, the Third Point CEO who did the legwork and found that Thompson's claims were false.

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Warren Buffett skeptical on Yahoo! CEO resumé blunder innocence

Warren Buffett skeptical on Yahoo! CEO resumé blunder innocence

Yahoo!'s embarrassing CEO issue continues to gain the company unwanted attention, with famed investor Warren Buffett arguing that the resumé blunder is a sign of internal issues around trust. "If you can't trust the people you're working with, you've got a problem" Buffett told CNBC, going on to cast doubts on whether Yahoo! chief executive Scott Thompson's incorrect degree claim was, in fact, an honest mistake.

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Yahoo pressured to fire CEO by Monday

Yahoo pressured to fire CEO by Monday

Yahoo shareholders are pressuring the company to fire its CEO Scott Thompson after it was discovered that he lied about his resume. Daniel S. Loeb, chief of hedge fund Third Point, Yahoo's largest institutional shareholder, has shot a letter to Yahoo's board today demanding that they fire Thompson and dismiss Patti Hart, the director of the hiring committee, by noon on Monday.

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Yahoo CEO gets resume grilling

Yahoo CEO gets resume grilling

Scott Thompson, CEO of Yahoo! and former president of Paypal, has come under fire recently after it was discovered that he doesn’t have the computer science degree that he claimed to have earned on his résumé. It was revealed that Thompson has a degree in accounting from Stonehill College, but not a degree in “accounting and computer science” as had previously been thought.

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Facebook’s patent purchases simplified

Facebook’s patent purchases simplified

It was revealed today by Facebook that they'd be picking up nearly 1,000 patents, patent applications, and licenses for patents from Microsoft, the latter company having purchased these and more from AOL last year. Facebook's renewed search and purchase mission this spring, it should be no secret, comes amid their current spat with Yahoo over patents both companies say the other has infringed. Facebook's purchase of patents today from Microsoft is said to be a continuation of a deal that was forged last year when it was Microsoft who picked up an "all or nothing" package from AOL for $1 billion USD.

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Facebook earnings turn to Instagram and Yahoo

Facebook earnings turn to Instagram and Yahoo

There's something to be said about a company as seemingly fantastically successful as Facebook in regards to earnings which show growth over the year, but not over the quarter. That appears to be the case with Facebook here in their Q1 earnings report which has them at $1.06 billion revenues here in the first fiscal quarter of 2012, this up from $731 million during the same quarter last year but down from $1.131 billion the last quarter of 2011. That said, Facebook's earnings call has many similar shows of ups and downs, including how it's about to deal with Instagram.

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Yahoo Chief Product Officer resigns

Yahoo Chief Product Officer resigns

Things have been rough at Yahoo for a long time now. Yesterday the company announced massive layoffs with 2000 workers feeling the axe. The brunt of those cuts came within divisions that were overseen by Yahoo Chief Product Officer Blake Irving. Sources close to Yahoo claim that Irving has turned in his resignation.

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