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Loeb to CNBC: There's a Crisis of Leadership at Yahoo

Wednesday, 9 May 2012 | 7:20 PM ET

CNBC's Brian Shactman reports Third Point's Dan Loeb is going to war with Yahoo; Facebook says it is struggling to monetize its mobile ad business; Cisco shares tumbled on weaker-than-expected guidance; and News Corp. beat earnings estimates and announces a $5 billion dollar stock buyback.