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Yahoo confirms misleading info on new CEO's resume

Scott Thompson

A disgruntled Yahoo shareholder questioned the qualifications and integrity of recently hired CEO Scott Thompson after exposing a misrepresentation about the executive's education.


Yahoo Cites 'Error' in CEO Record

Yahoo said its new chief executive, Scott Thompson, didn't earn a degree in computer science as stated in a recent securities filing, citing an "inadvertent error."


Yahoo Asserts Two New Patents Against Facebook

Yahoo returned legal fire against Facebook in the companies' ongoing patent dispute, calling Facebook's recent countersuit slapdash and asserting two new patents against its younger peer.


Yahoo's 1Q earnings rise 28 pct to top Street view

Yahoo's first-quarter results showed signs of modest progress under recently hired CEO Scott Thompson.


Yahoo CEO outlines new corporate structure

A week after announcing a painful round of job cuts, Yahoo CEO Scott Thompson unveiled a plan Tuesday that will reorganize the company into three main divisions focused on users, advertisers and technology.


AOL to sell over 800 patents to Microsoft

Stock Market

Faltering Internet icon AOL was able to squeeze out more than $1 billion from Microsoft for a trove of some 800 patents in an auction, the latest sign of just how valuable such portfolios can be for the world's biggest technology companies.

Senh: Jeez, patents are all the rage nowadays for tech companies planning to sue each other.


Yahoo to lay off 2,000 employees


Yahoo is laying off 2,000 employees as new CEO Scott Thompson sweeps out jobs that don't fit into his plans for turning around the beleaguered Internet company. The cuts announced Wednesday represent about 14 percent of the 14,100 workers employed by Yahoo.


Yahoo to Complete Board Overhaul


Yahoo said it would appoint three new independent directors to its board in April, as the Internet company aims to complete an overhaul of its board and leadership while avoiding a proxy fight with an unhappy large shareholder.


If Facebook pays up, experts say Yahoo may go full time patent troll

Yahoo has put the IP squeeze on Facebook, slapping it with a patent lawsuit during the quiet period in the run up to the social network's IPO.


Yahoo files patent lawsuit against Facebook


Yahoo Inc sued Facebook Inc on Monday over 10 patents that include methods and systems for advertising on the Web, according to a copy of the lawsuit.


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