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Friday, May 04

Newsfeed Update: 05.04.12

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Loeb Accuses Yahoo Officials of Résumé Padding (NYT/DealBook)
In a letter sent to Yahoo's board on Thursday, Mr. Loeb, the founder of the hedge fund Third Point, said that Yahoo's chief executive, Scott Thompson, had falsified his résumé to include a degree in computer science that Mr. Thompson never earned. PCWorld Yahoo said late Thursday that its board will review a discrepancy in the resume of its CEO, Scott Thompson, and "make an appropriate disclosure" to its shareholders.

8th Grader Petitions Seventeen Magazine to Feature Un-Airbrushed Photos (ABC News)
Julia Bluhm, an 8th grader from Waterville, Maine, has recently become a crusader against airbrushed ads. The 14-year-old traveled to New York City Wednesday to lead a protest, which was set up like a mock photo shoot, on the doorstep of the offices of the Hearst Corporation, which owns Seventeen magazine, one of the biggest teen magazines in the fashion industry.

A Low Six-Figure Book Deal for the Fox Mole (Gawker)
Congratulations to Joe Muto, formerly known as the Fox Mole, for selling a book about his experiences inside Fox News Channel to Dutton, an imprint of Penguin.

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