Jerry Yang

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Co-Founder Yang Leaves Yahoo

He resigns from all positions, including board

(Newser) - Yahoo co-founder Jerry Yang has resigned as a board member and from all his other company positions. In a letter to the board's chairman, Yang said it was time for him to "pursue other interests," according to a company statement . He had faced criticism from shareholders; some... More »

Yahoo Founder Looking to Take Company Private

Delisting could buy space for former online leader

(Newser) - Yahoo co-founder Jerry Yang is warming to a deal with private equity investors that would take the iconic Internet player private, reports Reuters . Among the rumored buyers—Chinese online giant Alibaba, Microsoft, and Bain Capital. Experts say going private could solve pressures coming from the market, where investors have punished... More »

Good Luck Finding a New CEO, Yahoo

The job has been something of a career death trap: Analysis

(Newser) - Yahoo’s dismissal of Carol Bartz has left Peter Lauria of Reuters with a question: “Why would anyone want to be Yahoo’s CEO?” The place has become a career death trap, with past CEOs like Bartz, Jerry Yang, and Terry Semel emerging with bruised reputations. “They are... More »

10 Worst-Managed Companies of 2010

Yahoo, Boeing are new entries

(Newser) - TheStreet.com has its least favorite companies listed on its site. It has two new additions and many returning losers. New to its list of the most egregiously poor performers is Yahoo. Both Yang and Bartz are dissed equally. Then there's Boeing—making the F grade for the so far... More »

Yahoo Posts $303M Loss, Beats Estimates

(Newser) - Yahoo Inc. stumbled to a fourth-quarter loss of $303 million, but the Internet company withstood the recession better than analysts had expected. Yahoo's loss—officially wrapping up the Jerry Yang era—translated into 22 cents per share, compared with a profit of 15 cents per share in the prior year,... More »

Yahoo to Name Software Exec Its New CEO

Bartz, of Autodesk, will succeed Yang, sources say

(Newser) - Yahoo will soon name Carol Bartz as its new CEO after a two-month search for a successor to Jerry Yang, the Wall Street Journal reports. The 60-year-old Bartz served as CEO of Autodesk Inc from 1992 to 2006, and still serves as the company’s executive chairman. She’s also... More »

Yahoo Will Cut Up to 1,500 Jobs in Calif.

Search giant could slash as many as 1,500 jobs, shutter entire projects

(Newser) - Yahoo will cut as many as 1,500 California employees from its ranks tomorrow, Mediabistro reports. Employees learned of the layoffs in an email yesterday from outgoing CEO Jerry Yang, according to an inside source. The layoffs follow Yang's November announcement that the search giant would have to sack as... More »

Icahn Stock Grab May Signal New Yahoo CEO

(Newser) - Corporate raider Carl Icahn bought about $65 million in Yahoo shares this week, sparking AllThingsD blogger Kara Swisher to speculate that an "Icahn-friendly" CEO is on the way. Icahn's purchase, likely an attempt to recoup the $900 million he lost on his Yahoo stake this year, points to two... More »

Ballmer Quashes Yahoo Bid Rumors; Open to Partnership

Microsoft 'done' with acquisition attempts, even after Yang's resignation

(Newser) - Steve Ballmer quashed the rumor that Microsoft would make another offer to buy Yahoo now that Jerry Yang has quit as CEO, CNET reports. “We are done with all acquisition discussions with Yahoo,” the chief executive said today. “We did our best; we’ve moved on.” More »

For Yahoo, Question Is: Who's Yang's Yin?

The next Yahoo CEO will have to take the Web portal in a new direction to sate Wall Street

(Newser) - Yahoo’s successor to CEO Jerry Yang could come from outside the Internet industry, as long as he has a strong operations background and the decisiveness to break the company’s culture of indecision, reports the Wall Street Journal. But even before hiring a CEO, the company needs to decide... More »

Yang's Departure Gives Microsoft New Opening

Analysts see 'beginning of the end for Yahoo' as CEO steps down

(Newser) - Investors are hoping Jerry Yang’s departure will lead to renewed talks with Microsoft, BusinessWeek reports. “This is probably the beginning of the end for Yahoo,” said one. “Microsoft will probably come back with an offer.” Microsoft has repeatedly denied interest in reviving a deal, but... More »

Yang Out as Yahoo CEO

Embattled exec's resignation in works for months; he plans to stay on board

(Newser) - Jerry Yang is stepping down as Yahoo's CEO after a short and embattled tenure, Kara Swisher reports on AllThingsD. He will remain on the company board and retain his old "Chief Yahoo" title, as well as help find a replacement. The board and Yang have chewed over the... More »

Yahoo's Next Move: Third-Party Content

Keeping users on site by enabling links to Netflix, Craigslist is goal

(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,... More »

Deal Puts Icahn on Yahoo Board

Activist investor gets seats for 2 allies

(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... More »

Yahoo Takes Icahn Fight to Homepage

Link shows decline in businesses he's worked with

(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... More »

Sparks Fly as Yahoo, Microsoft Take to Hill

Yang admitted deal with Google would hurt competition: Microsoft

(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... More »

Yang Slams 'Destabilizing' Microsoft Plan

CEO accuses Icahn-allied giant of pretending to want deal

(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... More »

Yahoo Defends Rejection of Alternate Microsoft Offer

Seeking to blunt attacks from Carl Icahn, the company goes to shareholders

(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... More »

Amazon Kept Laughing After Dot-Com Bust

E-tailer stays nimble as Yahoo, eBay trip into the future

(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... More »

Yang's First Year Leaves Many 'Disillusioned'

Microsoft fiasco most public of Yahoo's woes; '09 could be tougher

(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... More »

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