Exclusive: Yahoo’s Thompson Out; Levinsohn In; Board Settlement With Loeb Nears Completion

The final shoe — shoe store, really — drops.
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Loeb Lobs Lawsuit, as Expected, at Yahoo’s Borked Bio Mess

Botched CEO bio. Activist shareholder. Screwy board of directors. Mix it all together and what do you get?
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How Did a Phantom CS Degree Get on CEO’s Bio in SEC Filings? Yahoo’s Not Saying.

Fasten your seatbelts, Yahoo, it’s going to be another bumpy night.
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Here’s Dan Loeb’s Letter to Investors About the Value of Yahoo’s Alibaba Stake

China is emperor at Yahoo, says activist shareholder.
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Ex-Yahoos Getting Downloaded by PE Firms and Others on Possible Deals

Former employees are good for something, apparently!
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With No-Yahoo-CEO Pledge, David Kenny Back in the Strategic Fray

What will David Kenny do? Maybe get something cooking in the whole what-will-Yahoo-do stakes, now that one of Yahoo’s more active board members is back.
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Yahoo’s Activist Shareholder Loeb Now Targeting Jerry Yang and Wants Him Off the Board

Third Point’s Daniel Loeb — the smack-tastic hedge fund manager who owns a big slug of Yahoo — thinks co-founder and director Jerry Yang now needs to go.
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Yahoo Shares Melt as Rumors Collide (Plus, I Add Another Log to the Fire)

The Hamlet of Internet companies asks: To be or not to be? That is the question. Or maybe something else.
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Hedge Fund Scrapbooker

Weekend Update, 10/10/08