Investors Clash With Yahoo CEO

Semel leaves post as tempers flare over poor performance— and sky-high pay

(NEWSER) - Yahoo CEO Terry Semel is out. In a surprise announcement, Yahoo said today that co-founder Jerry Yang will take over from Semel as CEO, who will step down immediately. The embattled Semel, who's been the target of recent shareholder ire, will stick around as non-executive chairman; Susan Decker, former head of advertising, is set to become Yahoo's new prez. More»

(NEWSER) - Yahoo today restated its opinion that Microsoft’s $44.6 billion buyout bid underestimates the online giant’s “combination of unique assets,” but for the first time stated publicly the strengths it would bring to the Microsoft merger, MarketWatch reports. In an investor presentation for the SEC, the company argued it would take Microsoft "from sub-scale position to strong positions in search and display." More»

Some speculate it's retaliation for giving Dalai Lama the Congressional Medal

(NEWSER) - Chinese searchers trying to visit Google, Yahoo and Microsoft Live Search are being redirected to the Chinese search engine Baidu, according to tech news sources. Speculation has it that the Chinese government is blocking the American engines because officials are angry that the US awarded the Dalai Lama the Congressional Gold Medal this week. More»

As top sites are banned, web surfers rail against 'Great Firewall'

(NEWSER) - Frustration with government curbs on the Internet is growing among China's 140M web users. Wikipedia has been banned, and the censors recently shuttered photo-sharing web site Flickr, after a user uploaded a picture of the 1989 Tiananmen Square massacre. Tens of thousands of human monitors and an elaborate filter system keep watch over China's browsers. More»

Google will give users a choice in hopes to appease Beijing

(AP) - Google will stop automatically rerouting users of its China search site to its Hong Kong site, the company said today, after Beijing threatened the company with the loss of its Internet license. Instead of automatically being switched to Hong Kong, visitors to Google.cn now see a tab that says in Chinese "We have moved to google.com.hk." "They made it clear to us that they did not think the redirect was acceptable," said a Google spokeswoman. She declined to say what reasons the government gave for its objections. More»