The latest post on ‘ReadWriteWeb’ is titled “Where To Now For Yahoo? Thompson Out, Loeb & Co In”.

Richard MacManus says, “Over the weekend, Yahoo’s embattled CEO Scott Thompsonfinally did the honorable thing and stood down. Ex-President of News Corp’s Fox Interactive Media division, Ross Levinsohn, has been named interim Chief Executive Officer. Hedge fund shareholder Daniel Loeb – whose firm Third Point owned 5.8% of Yahoo – and his three cronies have effectively won their long-running battle for seats on the Yahoo board”.

Where To Now For Yahoo? Thompson Out, Loeb & Co In

ReadWriteWeb

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