Stories related to: Jerry Yang

Yahoo's Next Move: Third-Party Content

San Francisco Chronicle  |  Sep 12, 08 12:04 PM CDT

(Newser) - After struggling through months of takeover battles and sagging stock prices, Yahoo says it’s working to become a web destination for users rather than simply a jumping-off point, the San Francisco Chronicle reports. It plans to add third-party content and newly developed applications on a new Yahoo home page, allowing users to access sites like Netflix without leaving. More »

Deal Puts Icahn on Yahoo Board

Wall Street Journal  |  Jul 21, 08 7:27 AM CDT

(Newser) - Yahoo will add two seats to its board of directors and put Carl Icahn in one of them, reports the Wall Street Journal, in a deal that ends Icahn’s proxy fight. Eight of Yahoo’s current board members, including CEO Jerry Yang, will keep their seats, while a ninth will resign. The board will select two members of Icahn’s proxy slate to fill his seat, and the newly created one. More »

Yahoo Takes Icahn Fight to Homepage

PC World  |  Jul 19, 08 12:22 PM CDT

(Newser) - A new button on Yahoo's homepage links users to the company's case against activist investor Carl Icahn, PC World reports. Icahn is seeking to unseat Yahoo's board at its Aug. 1 general meeting. The page links to voting forms and leaves shareholders in no doubt how the company thinks they should vote: A purple banner carries the Icahn quote, "It's hard to understand these technology companies." More »

Sparks Fly as Yahoo, Microsoft Take to Hill

Los Angeles Times  |  Jul 16, 08 11:08 AM CDT

(Newser) - Congressional hearings on Yahoo's proposed ad deal with Google got a little heated yesterday, with a Microsoft lawyer testifying that Yahoo CEO Jerry Yang recently admitted, in a private meeting, that the pact would reduce competition, the Los Angeles Times reports. Yahoo’s general counsel said he recalled no such remarks at the meeting, and a spokesman later swatted the charge aside. More »

Yang Slams 'Destabilizing' Microsoft Plan

Wall Street Journal  |  Jul 9, 08 8:49 AM CDT

(Newser) - Yahoo CEO Jerry Yang launched a fresh offensive in the Yahoo-Microsoft war of words yesterday, reports the Wall Street Journal . Microsoft has said it would be interested in reopening merger talks if Yahoo's current board was replaced—but the Yahoo co-founder accuses the company of tactics to destabilize Yahoo without any real interest in cutting a deal. More »

Yahoo Defends Rejection of Alternate Microsoft Offer

MarketWatch  |  Jun 26, 08 8:09 AM CDT

(Newser) - Yahoo yesterday launched an offensive against billionaire Carl Icahn’s attempt to displace the board, detailing in a letter to shareholders why accepting Microsoft’s alternative $8-billion search-only deal would have diminished Yahoo’s value and hurt the company strategically, reports MarketWatch. CEO Jerry Yang and Chairman Roy Bostock said the proposal, in which Microsoft would have invested $8 billion in Yahoo, would have tied Yahoo to Microsoft for 10 years. More »

Amazon Kept Laughing After Dot-Com Bust

Economist  |  Jun 20, 08 4:45 PM CDT

(Newser) - Yahoo, eBay, and Amazon emerged from the dot-com bust as a mighty triumvirate, but only Amazon has kept its mojo in the decade's latter stages, the Economist reports. Yahoo, the oldest of the lot at 14, shooed away Microsoft, surrendered part of its business to Google, and failed to stay current. It survives, “but on the web’s equivalent of life support." More »

Yang's First Year Leaves Many 'Disillusioned'

CNNMoney  |  Jun 19, 08 12:32 PM CDT

(Newser) - Yahoo’s stock has slipped 16.5%, the company might as well be wearing a sign that says “take me over,” and there’s a line of shareholders waiting to sue for what they say was a mishandled non-deal with suitor Microsoft, Fortune reports—not quite the scenario Jerry Yang likely envisioned when he took over as CEO a year ago yesterday. More »

MySpace Takes Aim at Yahoo

BusinessWeek  |  Jun 13, 08 2:08 PM CDT

(Newser) - Myspace is retooling itself to become a more direct competitor to web portals, specifically Yahoo, BusinessWeek reports. Starting Wednesday, the popular social networking site will unveil changes to its homepage such as news headlines, local weather apps, and entertainment links. More »

Yahoo and Google: It's All Up to Yang

CNET  |  Jun 13, 08 10:08 AM CDT

(Newser) - As Yahoo and Google prepare for a new search-ad deal, it’s all up to CEO Jerry Yang, writes Charles Cooper for CNET. Will Yang be the next Steve Jobs, pulling a struggling company back to the spotlight—or will he fade like his Yahoo predecessors? The afreement "may turn out to be a clever move if it fosters the two companies' respective strength in search and display advertising," Cooper writes. More »

Icahn Again Skewers Yahoo

Wall Street Journal  |  Jun 9, 08 1:18 PM CDT

(Newser) - Investor Carl Icahn broadened his attacks on Yahoo today, targeting not only the recent failure of a Microsoft takeover deal but longtime performance issues, the Wall Street Journal reports. "Why did you permit Google to leave you in the dust?" he wrote to the board. More »

Yahoo Planned Huge Worker Walkout: Lawsuit

Portfolio  |  Jun 2, 08 9:10 PM CDT

(Newser) - Yahoo planned to pay all 14,000 workers to quit if Microsoft bought the company in a recent takeover bid, a lawsuit unsealed today claims. The shareholder complaint blasts execs for burying Microsoft's $1.5 billion offer to workers, and rejecting a $40-per-share offer last year. Yahoo tried to stop the unsealing, which revealed internal talks and private emails, Portfolio reports. More »

Failed Microhoo Deal Baffling to Murdoch

CNET  |  May 29, 08 10:49 AM CDT

(Newser) - Microsoft’s lack of experience in “buying big things” is a major reason the company didn’t seal its buyout of Yahoo, media mogul Rupert Murdoch tells CNET, who adds he was “mystified” at the lack of a deal. An alliance between Yahoo and Google—"just gushing money"—still seems possible, the News Corp. CEO said, barring a regulatory kibosh. More »

Microsoft Aims for Yahoo's Search Ad Biz