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Yahoo announcement of CEO Scott Thompson's resignation a victory for Third Point


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While thousands upon thousands of Americans are celebrating graduation weekend with degree in hand, it looks as if the CEO of one particular internet.

Yahoo chief executive officer Scott Thompson who has been caught in a resume gate is leaving the company, reports AllThingsD. He is going to be replaced by Ross Levinsohn. A settlement with activist investor Dan Loeb of

By AP NEW YORK — Yahoo CEO Scott Thompson reportedly will step down Sunday amid controversy over mentions on his resume and in regulatory filings of a computer science degree he never received. The Wall Street Journal's technology blog AllThings D

Yahoo chief executive officer Scott Thompson who has been caught in a resume gate is leaving the company, reports AllThingsD. He is going to be replaced by Ross Levinsohn. A settlement with activist investor Dan Loeb of

Things are still in flux — the Yahoo board is meeting this morning to discuss, AllThingsD reports. Still, the ability of hedge fund manager Daniel Loeb t.