Technology, Scott Thompson | featured news

Recently ousted Yahoo CEO Scott Thompson has landed a new job leading ShopRunner, an online service that provides two-day shipping from a variety of Internet retailers... ShopRunner began as part of GSI Commerce, which eBay bought for $2.4 billion last year. After that deal closed, eBay spun off ShopRunner into another company but still retains a 30 percent stake in the service.

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.

Yahoo’s chief executive Scott Thompson apologized to the company’s employees Monday, but did not say he has plans to step down. Thompson has been under fire since an investor vying for control of the company, Daniel Loeb, sent a letter Thursday to Yahoo’s board about the executive’s academic record. Yahoo later confirmed that while Thompson had listed a degree in computer science in his biography, he had never been awarded that degree.

Activist hedge fund investor Third Point, which has called for Yahoo Inc Chief Executive Scott Thompson's ouster over resume padding, sent a legal letter to the internet company demanding it provide access to all documents relating to the hiring of the CEO.

Mistakes pile atop of mistakes for Scott Thompson in computer science degree controversy.

A disgruntled Yahoo shareholder questioned the qualifications and integrity of recently hired CEO Scott Thompson after exposing a misrepresentation about the executive's education.

Yahoo said its new chief executive, Scott Thompson, didn't earn a degree in computer science as stated in a recent securities filing, citing an "inadvertent error."

Yahoo's first-quarter results showed signs of modest progress under recently hired CEO Scott Thompson.

A week after announcing a painful round of job cuts, Yahoo CEO Scott Thompson unveiled a plan Tuesday that will reorganize the company into three main divisions focused on users, advertisers and technology.

Yahoo is laying off 2,000 employees as new CEO Scott Thompson sweeps out jobs that don't fit into his plans for turning around the beleaguered Internet company. The cuts announced Wednesday represent about 14 percent of the 14,100 workers employed by Yahoo.