Yahoo Hopes to Fight Back at Activist Shareholder Third Point With More New...
Yahoo leadership, betting it can stave off a challenge from activist shareholder Daniel Loeb of Third Point, has been stepping up efforts to name three additional new board members to replace...
View ArticleIt's Official: Yahoo Lays Off 2,000 Employees -- 14 Percent of Workforce
In a move that AllThingsD had previously reported was coming, Yahoo said it had laid off 2,000 employees, or 14 percent of the workforce. “Today’s actions are an important next step toward a bold, new...
View ArticleExclusive: 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 ArticleExclusive: Japan's Rakuten Wins the Heart of Pinterest in $100M Funding Race...
Rakuten, which runs the largest e-commerce site in Japan, is expected to be the lead investor in the much-contested next round of funding for Silicon Valley’s hottest start-up, Pinterest. The funding...
View ArticleYahoo and Facebook Patent War Officially Over: The Press Release
As I reported earlier today, Yahoo and Facebook confirmed in a press release after the markets closed that they had settled their cantankerous patent lawsuit. As part of the deal, the pair have also...
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