Showing posts with label Scott Thompson. Show all posts
Showing posts with label Scott Thompson. Show all posts

Friday, July 20, 2012

Thank you Marissa Mayer!




Thank you for what??? .... you dare blog!


Well where do we begin?


Thank you for NOT being Scott Thompson!


Thank you for NOT being Jerry Yang!


Thank you for NOT being several other complete bozo's that have been run in and out of the Yahoo! sand box executive suite over the past! ten! years!


Basically, we are saying: Thank you Yahoo! for NOT making a Yahoo!-like decision!



Monday, May 21, 2012

Yahoo Gets $7 Billion in Sale of Alibaba

Yahoo Agrees to Sell Back Partial Stake to Alibaba

Partially related to the former Yahoo CEO Scott Thompson resigning in disgrace recently; but mostly related to hedge fund activist investor Daniel Loeb getting seats on the Yahoo! board of directors, Yahoo has liquidated some of its stake in Aliba.

Yahoo will sell off about half of its stake in Alibaba Group back to the Chinese e-commerce giant in a US$7.1 billion deal.

This is known as a liquidity event or Daniel Loeb getting something for his 5% stake in the company and related on going headaches.

Yahoo! shares opened slightly gap-up on the news (NASDAQ:YHOO), but has since faded in normal trade.

Monday, May 14, 2012

Yahoo CEO Scott Thompson is finally fired

Daniel Loeb, activist hedge fund manager at Third Point and owner of 5% of Yahoo! common stock, has gotten his way. Finally. At long last.

Yahoo CEO Scott Thompson resigned Sunday, amid relentless questions about his academic credentials and generally poor corporate management skills. And, of course, the generally poor condition of Yahoo! stock! for years!

Sorry Scott, we don't have any job leads! However ...
Khol’s is hiring at a location near you!
Maybe Yahoo! could be interested in Jerry Yang! Part III !