Web 2.0 Summit: Jerry Yang says “It’s been a pretty amazing year”
Five people called John Battelle today to ask him if Jerry Yang, the embattled chief executive of Yahoo, would show up for his appointed appearance at the Web 2.0 Summit. Well, Jerry is here. Battelle says that Yang doesn’t walk away from a fight.
Battelle, organizer… Continue Reading
Icahn haz seat on Yahoo board
There will be no fireworks on display at the Yahoo shareholder meeting on August 1. Or at least, they won’t be as bright. Billionaire investor Carl Icahn has reached an agreement with Yahoo to drop his pursuit of a hostile takeover of the company. In… Continue Reading
Icahn issues a 5-point plan. Yahoo issues a 5-syllable response: Icahn is crazy
The back and forth between Yahoo and billionaire investor Carl Icahn, who is attempting to take the company over, is now arguably more entertaining than the formal letter wars during the whole Microsoft/Yahoo debacle.
Icahn recently got FTC approval to purchase a huge amount of Yahoo… Continue Reading
Icahn haz Jerry Yang’s job?
Billionaire investor Carl Icahn is back making waves for Yahoo again today. He’s now saying that if he is successful in his hostile takeover bid of Yahoo, he will remove its chief executive Jerry Yang, according to The Wall Street Journal.
Icahn believes Yang and Yahoo’s… Continue Reading
Icahn gets FTC approval to buy massive amounts of Yahoo stock
We’ve known that billionaire investor Carl Icahn had been trying to buy massive amounts of Yahoo stock to push ahead with his quest for a hostile takeover of the company. One speed bump in that plan was the Federal Trade Commission, which sometimes frowns upon… Continue Reading
Terry Semel is out at Yahoo
Terry Semel, who was brought in to turnaround Yahoo after the Internet bust, has stepped down from the top job.
The former Hollywood exec looked like a master initially — when Yahoo’s revenue and profits surged after 2001. There’s no doubt Semel’s steady hand helped. Soon,… Continue Reading
Yahoo China to file aggressive suit against Qihoo nemesis
Updated
Alibaba, the large Chinese company that owns Yahoo China, is preparing to file another hard-hitting suit against competitor Qihoo and its leader, Zhou Hongyi (pictured above).
Yahoo China has already filed one suit against Qihoo, saying the search engine start-up’s software notifies users that Yahoo’s toolbar… Continue Reading