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Yahoo! CEO Sacked Over Fake CV

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Just weeks after discovering its new CEO Scott Thompson falsely claimed a computer science degree on his resume, the Internet giant’s board of directors has decided to fire its headman and even oust some of its own. The decision, while not altogether a shock, has sent ripples through Wall Street as investors wonder how the shakeup might affect future earnings.

Thompson was hired earlier this year to great optimism, but layoffs and a focus on commerce rather than ads reportedly caused some dissension among top-level executives. When the resume flap was discovered, many thought Thompson could talk his way out of it.  Unfortunately, he blamed the mix-up on Heidrick and Struggles, a headhunting firm who helped him land a previous job, and according to All Things D, they in turn produced the resume he submitted to them which included the lie. After that, there was almost nothing Thompson could do to keep his job.

Rumor has it he’ll claim a medical illness has forced him to resign from the company, but even if he has a documented disease, there’s no way most won’t trace the timing of his exodus back to his resume mishap.

In addition to Thompson, five seats on the board of directors will also reportedly change with Daniel Loeb, the Third Point CEO who discovered the clerical error, getting to choose three of the replacements. Until a permanent replacement for Thompson can be found, Ross Levinsohn, an executive vice president for Yahoo, will steer the ship.

Lying on a resume is a terrible idea. It’s too bad Thompson had to be fired to learn that lesson.

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JUST IN: ECOWAS Lifts Sanctions On Mali

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ECOWAS countries
ECOWAS Countries

ECOWAS Countries

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US President, Donald Trump, Wife Test Positive For Covid-19

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Donald Trump and Melania
Donald Trump and Melania

Donald Trump and wife, Melania Trump

President of the United States, Donald Trump, and his wife, Melania Trump have both tested positive for COVID-19.

The President took to his official Twitter handle on Friday to make this announcement.

Trump was last seen in public on Thursday afternoon, returning to the White House after a fundraising trip to New Jersey.

Also Read: What I Told Trump When He Accused Me Of Killing Christians – Buhari

On Thursday, he announced that his aide, Hope Hicks tested positive for the virus which has killed over 1 million people around the world.

He further revealed that he and the first lady had taken the test and waiting for the results before announcing the outcome on Friday.

 

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Mali: N’Daw, Coup Leader Goita Sworn In As President, VP

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President of Mali, N'Daw, coup leader, Goita
President of Mali, N'Daw, coup leader, Goita

President of Mali, N’Daw, coup leader, Goita

Retired Army Colonel, Bah N’Daw has been sworn in on Friday as the interim president of Mali and he is to head a transitional government following last month’s military coup in the country.

The swearing-in ceremony held in the country’s capital city of Bamako, where Colonel Assimi Goita, who led the military junta, was also sworn in as interim vice president.

This administration is to lead the government for a maximum of 18 months before organising national elections.

Also Read: Buhari Attends Virtual ECOWAS Extraordinary Summit Over Mali Crisis

It will be recalled that the country’s military executed a coup last month (August 18) which successfully removed the nation’s president, Ibrahim Boubacar Keita from office.

Former President of Nigeria, Goodluck Jonathan, attended the ceremony alongside other members of the ECOWAS mediation team.

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