Jerry Yang news stories on Newser

Co-Founder Yang Leaves Yahoo

Matt Cantor — Tue, 17 Jan 2012 17:18:06 CST

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 believed he was...

Yahoo Founder Looking to Take Company Private

Mark Russell — Mon, 10 Oct 2011 09:45:09 CDT

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...

Good Luck Finding a New CEO, Yahoo

Kevin Spak — Thu, 08 Sep 2011 15:44:16 CDT

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 going to have a...

10 Worst-Managed Companies of 2010

Alp_Arslan — Wed, 27 Oct 2010 15:50:19 CDT

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...

Yahoo Posts $303M Loss, Beats Estimates

Tue, 27 Jan 2009 16:58:35 CST

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,...

Yahoo to Name Software Exec Its New CEO

Kevin Spak — Tue, 13 Jan 2009 13:10:04 CST

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 on the...

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

Wesley Oliver — Tue, 09 Dec 2008 12:56:47 CST

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...

Icahn Stock Grab May Signal New Yahoo CEO

Neal Colgrass — Fri, 28 Nov 2008 18:54:45 CST

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 former...

Ballmer Quashes Yahoo Bid Rumors; Open to Partnership

Nick McMaster — Wed, 19 Nov 2008 12:42:10 CST

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.”