For the third time in three years, the CEO of Yahoo is stepping down — Scott Thompson resigned this weekend. What this means for the future of one of the most visited sites on the web.
For a lot of us who first got online in the 1990s, Yahoo! was a pretty special place. But that was a while ago and Yahoo! has since gone through numerous periods of tumult. What's next for the company? Plus, social network fans shop differently.
Shares of Yahoo are down this morning. The Internet giant is handing out 2,000 pink slips today. It's the sixth mass layoff for the tech company in just the past four years.