yang

New Yahoo! Inc. CEO Carol Bartz is already looking to put her stamp on the much-maligned search company only a month after she replaced previous chief Jerry Yang. According to reports, Bartz is currently searching for a number of upper-level ... executives as she shuffles Yahoo's management and pursues new strategies for winning back surfer approval. Bartz, former CEO of Autodesk Inc. (an architecture and engineering software company), has a lot of work ahead of her. She replaced Yang last month after Yahoo's former CEO reportedly blew a $47.5 billion takeover deal that would have seen Microsoft ... (view more)

After a year and a half atop one of the web's most powerful search companies, Jerry Yang has decided to step down as chief executive of Yahoo. The co-founder of the number two search engine has in the last year unsuccessfully attempted financial ... agreements with competitors Microsoft and Google, and the company remains in tatters heading into 2009. Yang, 40, won't completely abandon the company he helped found, however. Although he'll no longer assume the duties of chief executive, Yang plans on returning to his previous position as "chief Yahoo", or corporate strategist. Thus, he'll remain on ... (view more)

Carl Icahn recently announced he was initiating a hostile takeover for Yahoo, and Microsoft released a statement on Saturday that they would be open to a transaction with their rival after backing off from their own takeover bid earlier this year. ... (Source: nypost.com ) This is just the latest development in a saga that has lasted so long you need a scorecard to keep track of the drama. So in the spirit of helping you navigate this epic boardroom battle, we are proud to present Infopackets' "A Brief History of the Yahoo Takeover Bid" Part 1. January 31, 2008: Microsoft CEO makes a late night ... (view more)

Yahoo posted its first quarter earnings for 2008 on Tuesday, exceeding expectations by a small margin. The company posted a 9 percent increase in revenue for a total 1.81 billion dollars. This would seem to give strength to the Internet portal in ... its ongoing confrontation with Microsoft, which is hoping to buy Yahoo and become a stronger online competitor against Google. (Source: nytimes.com ) Yahoo CEO Jerry Yang made claims earlier in the month that Microsoft's current offer of $31 per share substantially undervalues the company, and refused to sell at that price. While Yang now has some ... (view more)

On April 5, Microsoft sent Yahoo an ultimatum to enter buyout negotiations or suffer a prolonged proxy contest for control. Less than 48 hours later, Microsoft received a response: sweeten the offer. Refuting Microsoft's claims that Yahoo was ... avoiding a takeover offer and that shareholders were interested in an agreement with Microsoft, CEO Jerry Yang wrote, "Contrary to statements in your letter, stockholders representing a significant portion of our outstanding shares have indicated to us that your proposal substantially undervalues Yahoo." (Source: shareholder.com ) However, Yang is not ... (view more)

At last week's shareholders meeting, Yahoo CEO Terry Semel got less-than-rave reviews. As a result, his resignation may turn shareholders frowns upside down. In his place, Semel leaves co-founder Jerry Yang to take over the executive duties. He also ... announced that Susan Decker, the company's former chief financial officer who recently became the head of Yahoo's advertising and publishing segment, will fill the role of president. (Source: mediaweek.com ) The announcement came in a memo issued to Yahoo's board of directors on June 18th. Semel wrote, "As you know, we have long talked about the ... (view more)