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March 28: Hedge fund manager Daniel Loeb, who controls a 5.8 percent stake in the company through his Third Point fund, blasts Yahoo’s board appointments as “illogical.”

April 4 Yahoo announces plans to lay off 2,000 employees, or about 14 percent of its workforce. The cuts are part of an overhaul aimed at focusing on what Thompson believes are Yahoo’s strengths while also trying to address its weaknesses in the increasingly important mobile computing market.

April 6: Thompson unveils a plan to reorganize the company into three main divisions focused on users, advertisers and technology. Yahoo believes the new structure will improve users’ experience with Yahoo, work closely with advertisers in different regions of the globe and strengthen the company’s technology group.

April 17: Yahoo reports first-quarter earnings, the first results under Thompson. Revenue grew less than 1 percent, but it’s a breakthrough because the company’s revenue has been steadily falling for years.

May 3: Loeb, the disgruntled Yahoo shareholder, questions Thompson’s qualifications and integrity after exposing a misrepresentation about the executive’s education. Yahoo confirms that Thompson doesn’t have a bachelor’s degree in computer science from Stonehill College, as Yahoo previously stated. Thompson only has an accounting degree from Stonehill. Yahoo blames an “inadvertent error” and says its board will investigate.

May 13: Thompson is out at Yahoo. Ross Levinsohn, who oversees Yahoo’s media and advertising services worldwide, is named interim CEO.

May 20: Yahoo agrees to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion. The deal calls for Alibaba to buy back half of the 40 percent stake that Yahoo owns in the Chinese company for $6.3 billion cash and up to $800 million of Alibaba preferred shares. After paying taxes, Yahoo expects to get about $4.2 billion. Most of the cash is expected to go to shareholders.

June 18: Yahoo says Michael Barrett, a former colleague of its interim CEO, will run Yahoo’s advertising sales team as chief revenue officer.

July 16: Yahoo names longtime Google executive Marissa Mayer as its fifth CEO in as many years.

July 17: On Mayer’s first day on the job, Yahoo reports lackluster quarterly results, underscoring the challenges she will face.

July 30: Yahoo announces Levinsohn is leaving the company.

Sept. 18: Yahoo completes long-awaited $7.6 billion deal with Alibaba Group. Most of the proceeds will go to its shareholders, but Yahoo still has an extra $1.3 billion to finance acquisitions or hire new talent as Mayer tries to revive the company’s revenue growth.

Sept. 25: Software industry veteran Ken Goldman is named chief financial officer, replacing Morse, as Mayer moves swiftly to build her senior management team.

Oct. 22: In the first quarter under Mayer, Yahoo reports third-quarter results that topped analyst estimates. Yahoo’s net revenue barely grew at a time when advertisers are spending more money marketing their products and services online. Nevertheless, the numbers were slightly better than analysts projected.

Jan. 28, 2013: Although Yahoo still isn’t keeping pace with the overall growth of the Internet ad market, the company says it fared well enough during the fourth quarter to produce its first full-year gain in revenue since 2008. It was a scant increase: just $2.4 million higher than 2011’s total of nearly $5 billion.

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