Yahoo CEO Stands Down

Reports have revealed that Yahoo CEO Scott Thompson is set to step down from his prestigious role over controversial reports that he lied about his computer science degree. The controversy has been building up for a while following the discovery that the CEO has no computer science degree, despite saying so in his biography. Naturally the tech world has been left wondering how Yahoo managed to get so conned; for a search engine they missed out on a pretty big one!

We have all told a lie or two when padding out our CV's; it's only natural to try to make yourself stand out from the crowd but we can't help but wonder just what Thompson was thinking to have faked a computer science degree in a bid to grab the top job with the world largest computer internet company in the world…it was only a matter of time before his lie would be uncovered.

What may add as further embarrassment to this whole debacle is that the situation was only brought to light when one of Yahoo's major outside search holders had clocked onto Thompson's lie and brought it to the world's attention. Thompson had not only lied to the big wigs at Yahoo but also to the US Secretaries and State commission.

Although no official announcement has yet to be made; reports are stating that Thompson will immediately be replaced however it will be 'personal reasons' that will be cited for his departure.

With Google leading the search engine market; fierce competition has left Yahoo struggling to say the least…this is definitely the last thing it needs. It is time for Yahoo to regain control and prove to shareholders, users and internet marketing specialists alike that it still has its spark.