InfoAnda - Yahoo CEO steps down in victory for investor: source |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Thousands hit in second day of Eurostar standstill | 21 December 2009
Thousands Forced To Evacuate As Floodwaters Rise In Washington State | 8 January 2009
Travis Barker Settles Negligence Suit Over Learjet Plane Crash | 11 December 2009

Libya's al-Sedr oil port resumes operations: official | | 2 January 2012

Forum Views () Forum Replies ()

Read more with google mobile : Yahoo CEO steps down in victory for investor: source |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Merkel's party routed in big German state 12:49pm EDT Mexico volcano spews huge ash cloud, frightens villagers 12 May 2012 Forty-nine headless corpses found in Mexico 5:12pm EDT New York police frisk more people despite criticism 12 May 2012 Top aide to Florida governor resigns amid scrutiny 2:28pm EDT Discussed 154 Romney apologizes for bullying incident at school 147 Obesity fight must shift from personal blame: U.S. panel 124 Florida nabs white supremacists planning ”race war” Watched Surfer rides 78-foot wave to world record Fri, May 11 2012 A look at the U.K.’s most beautiful face Thu, May 10 2012 Doomed Sukhoi plane's final takeoff Thu, May 10 2012 Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Photos of the week Our top photos from the past week. Slideshow Mother's Day in prison An annual Mother's Day event, Get On The Bus, brings children to visit their mothers in prison. Slideshow Afghan girls An indepth look at the lives of girls in Afghanistan in times of uncertainty. Slideshow Yahoo CEO steps down in victory for investor: source Tweet Share this Email Print Related News Yahoo CEO says he never provided a resume: source Thu, May 10 2012 Investor wants Yahoo CFO or media boss as temp CEO Wed, May 9 2012 Yahoo director who led CEO search won't seek re-election: source Tue, May 8 2012 UPDATE 2-Yahoo director who led CEO search won't seek re-election -source Tue, May 8 2012 Yahoo CEO apologizes in memo, board meets: source Tue, May 8 2012 Analysis & Opinion Boardroom botches call for checklist fix Counterparties: Even more bad job market news Related Topics Tech » Media » The Yahoo! offices are pictured in Santa Monica, California April 18, 2011. Credit: Reuters/Mario Anzuoni By Alexei Oreskovic Sun May 13, 2012 4:29pm EDT (Reuters) - Yahoo Inc Chief Executive Scott Thompson is stepping down after a controversy over a fake computer science college degree on his biography, the third CEO to leave the company in three years, according to a source familiar with the situation. The move is a victory for hedge fund manager Daniel Loeb of Third Point LLC, which is Yahoo's largest outside shareholder and brought the discrepancy in Thompson's educational background to light. Thompson's interim replacement, effective immediately, will be Yahoo's global media head Ross Levinsohn, the source said. Yahoo was not immediately available for comment. Emails sent to Thompson's official Yahoo email address were already bouncing back on Sunday morning. The departure of Thompson, the former president of eBay Inc division PayPal who was just hired in January, is another blow to a company that has been struggling to kick-start growth amid fierce competition from Google Inc, Facebook Inc and other Internet companies. Yahoo acknowledged last week that Thompson does not have a computer science degree despite what was stated in his official company biography and in regulatory filings with the U.S. Securities and Exchange Commission. In its first-quarter 10-Q filing with the SEC last Wednesday, Yahoo acknowledged that "uncertainties" about Thompson and questions about the company's "future direction" could hurt business opportunities and make it difficult to attract employees and business partners. Loeb has been waging a bitter proxy battle to install a slate of four directors on the Internet company's board, which he has accused of being dismissive of investors' input and in need of restructuring capabilities and media strategies. According to the AllThingsD blog, which reported Thompson's departure earlier on Sunday, Yahoo's board is closing in on a settlement with Loeb that will give Third Point three board seats. The blog said Yahoo's recently added director Fred Amoroso will be named chairman of the board. Levinsohn, currently executive vice president and head of global media for Yahoo, was previously head of the company's Americas business. Before joining Yahoo, he was president of News Corp's Fox digital division. According to Yahoo's official website, Levinsohn holds a Bachelor of Arts in Communications from The American University. "He is well-respected in the Valley, Hollywood and on Madison Avenue," said Jason Hirschhorn, a former MTV digital executive. "Yahoo has to lean into media and he has the plan." (Additional reporting by Lynn Adler and Tiffany Wu in New York; Editing by Maureen Bavdek, Marguerita Choy and Diane Craft) Tech Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Monday, 14 May 2012
Austerity blow for Merkel in German state election |
Iran says pressures may damage nuclear talks |
Monti warns of tears in Italy's social fabric |
Spaniards keep up anniversary rally against crisis |
Syrian forces kill 7 civilians in rural attack: activists |
Yahoo CEO steps down in victory for investor: source |
NBC bets on comedy, to air 'Voice' twice a season |
Greek elections loom after leftist rejects coalition talks |
Austerity blow for Merkel in German state election |
Syria rebels kill 23 soldiers in Rastan: group |
Senior Afghan peace negotiator shot dead in Kabul |
NATO underplayed civilian deaths in Libya: HRW |
Militants blow up Yemen gas pipeline again |
Hollande's DS ride foreshadows auto industry test |
Forty-nine headless corpses found in northern Mexico |
Drowned Libya oil chief feared going home |
Egypt brokers Palestinian hunger strike deal: source |
Yahoo CEO out, investor Loeb gets board seats |
Facebook IPO has halo effect for venture capitalists |
Shares in TV maker Loewe jump on Apple bid talk |
NBC bets on comedy, to air Voice twice a season |
Shock-seekers snap up new Aussie art dare |
Isolated Merkel sticks by austerity after vote setback |
British PM under pressure over former spokesman |
U.N. inspectors to push Iran on military site access |
Japan assembly agrees to restart reactors, hurdles remain |
Gulf Arabs weigh closer union at Riyadh meeting |
Russia says killed seven Islamist militants: agencies |
Peru-Chile border hit by 6.2 quake, no damage seen |
Palestinian inmates agree to end hunger strike |
Court revives Apple claim on Samsung tablets |
Nvidia, Intellectual Ventures acquires 500 patents |
Fewer women in top U.S. tech jobs since 2010: survey |
New wedding web app connects guests before the big day |
Booker T. & the MGs bassist Donald Duck Dunn dies at 70 |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01