Yahoo CEO Scott Thompson, former president of eBay Inc. division PayPal was fired from yahoo after a controversy over a fake computer science college degree on his biography. Yahoo now sets a record of three CEO replacement for the last three years.
Did he submit a transcript of records which was made in Quiapo? Of course, you know that. It's just a bluff.
The discrepancy in Thompson's educational background was brought to light by Daniel Loeb of Third Point LLC, which is one of Yahoo's largest outside shareholders. Yahoo said in a statement that its global media head, Ross Levinsohn, will be interim CEO, replacing Thompson who has left the company.
Yahoo is struggling against its giant competitors- Google and Facebook. Can yahoo find solutions to its structural issues? Can yahoo regain a better market share?