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Yahoo Inc. co-founder Jerry Yang is stepping down as chief executive, ending a rocky reign marked by his refusal to sell the Internet company to Microsoft Corp. for $47.5 billion _ more than triple Yahoo's current market value.
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Internet giant's co-founder will end 17-month tenure as CEO as soon as a replacement is found.
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As expected by many, Yahoo’s embattled CEO has finally decided to step down from his post as Yahoo starts searching for a new CEO that would uplift Yahoo (again) from where it is right now. Tasked to assess potential candidates and determining the final lists of candidates are Yahoo chairman Roy Bostock, some independent directors [...]
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With Jerry Yang quitting as Yahoo's chief executive, the internet company's board will confront pivotal questions as it looks for a new leader.
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Search giant searches for new CEO, while Microsoft takes its security strategy in a new direction. Also: Sing along with DRM.
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Yahoo CEO Jerry Yang tells Yahoo employees in an e-mail that the company has "been through a tremendously challenging year."
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Yahoo chief executive Jerry Yang could soon be ousted a leading industry analyst has said.
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Sen. Barack Obama ended the Republican grip on Virginia's electoral votes yesterday when he became the first Democratic presidential nominee in 44 years to carry the state, raising fresh doubts about the long-term health of the state GOP as suburbanites defected to the Democrats in droves.
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Jerry Yang, Yahoo chief executive, spoke emphatically about wanting to remain in that role, in an interview at the Web 2.0 Summit in San Francisco on Wednesday. Following market rumours that he was about to quit earlier in the day, he told interviewer John Battelle: “I’m passionate about Yahoo, I’m passionate about its people, I’m passionate about [...]
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Yesterday's election was a pretty straightforward process - no riots, no recounts, not even the threat of a lawsuit. So, as if to make up for it, a couple of questionable reports plagued the search industry today, and we'll try to straighten out the situation here.read more
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SAN FRANCISCO (Reuters) - After nearly a year spent seeking alternatives to Microsoft Corp's buyout offer, Yahoo Inc's Chief Executive Jerry Yang said he believes a deal between the two is still the best option for the beleaguered Internet company.
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Yahoo Inc’s Chief Executive Jerry Yang says he believes a deal with Microsoft is still the best option for the beleaguered Internet company.
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SAN FRANCISCO (Reuters) - After nearly a year spent seeking alternatives to Microsoft Corp's buyout offer, Yahoo Inc's Chief Executive Jerry Yang said he believes a deal between the two is still the best option for the software company.
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Yahoo's Jerry Yang gets roughed up by the blogosphere after his latest appearance. But the fate of the company depends less on any single person--including the CEO.
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The Yahoo co-founder and CEO will walk through walls for Yahoo, but he isn't doing a great job of selling the vision inside or outside of the company.
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"To this day the best thing for Microsoft to do is buy Yahoo,"
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"It's disappointing to us that Google didn't want to defend this deal,"
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Yahoo said Jerry Yang, its chief executive, would leave that role after the company finds a replacement.
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Jerry Yang, the co-founder of Yahoo, is to stand down as the internet portal's chief executive officer.
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Yahoo, under fierce financial pressure, has begun a search to replace company co-founder Jerry Yang as chief executive
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Yahoo! has announced that Jerry Yang will step down as CEO once his replacement has been found. Yang will remain on board as Chief Yahoo! Yang became CEO in June 2007 at the request of the Board of Directors. Board Chairman Roy Bostock will lead the search for a new CEO. Here's his official corporate-speak on the matter: "Over the past year and a half, despite extraordinary challenges and distractions, Jerry Yang has led the repositioning of Yahoo! on an open platform model as well as the improved alignment of costs and revenues. Jerry and the Board have had an ongoing dialogue about succession timing, and we all agree that now is the right time to make the transition to a new CEO who can take the company to the next level. We are deeply grateful to Jerry for his many contributions as CEO over the past 18 months, and we are pleased that he plans to stay actively involved at Yahoo! as a key executive and member of the Board."
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JERRY Yang, co-founder of Yahoo, will step down as the internet company's chief executive as soon as a successor is found.
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INTERNET firm Yahoo! is replacing its CEO Jerry Yang.
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Yahoo will replace founder Jerry Yang as CEO as soon as a replacement is found.
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SAN FRANCISCO/NEW YORK (Reuters) - Yahoo Inc said Jerry Yang will step down as chief executive as soon as the board finds a replacement, sending its shares up 4 percent on hopes his departure will clear the way for a deal with Microsoft.
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Jerry Yang is no longer CEO of Yahoo. After a short and stormy tenure as CEO Yang is back to being Chief Yahoo. Steve Ballmer, Microsoft and a search deal--if not outright acquisition--may not be too far behind. The official line from Yahoo (Techmeme): Yahoo today announced that its Board of Directors has initiated a search for a new Chief Executive Officer. Jerry Yang, co-Founder of Yahoo!, has decided to return to his former role as Chief Yahoo! upon the appointment of his successor as CEO, and he will also continue to serve on the Board. Yang, 40, assumed the CEO role at the Board's request in June 2007, and he has led Yahoo! through a strategic repositioning and transformation...
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Jerry Yang, co-founder and CEO of Yahoo. will step down as CEO as soon as the board of directors finds a replacement, sources told All Things Digital's Boomtown blog today. (Techmeme) The company made a formal announcement shortly after the blog posting went live. Yang, 40, will resume his position as Chief Yahoo and will retain a seat on the company's board of directors. His decision to step down was reportedly a joint decision between him and the board. Company chairman Roy Bostock will lead the search for a new CEO, looking at both internal and external candidates. Sources told All Things Digital that company president Sue Decker is being considered but that the replacement will likely come from outside...
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Jerry Yang will step back to his chief Yahoo role as soon as a successor is found for the CEO role, Yahoo announces.
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Last night, purple-pushing internet company Yahoo! announced that co-founder and C.E.O. Jerry Yang would be stepping down from his management role, which he's had since June 2007. Mr. Yang will continue to sit on the company's board and take back his old title (we kid you not): Chief Yahoo!. Jessica E. Vascellaro of The Wall Street Journal framed it as follows: Yahoo Inc. co-founder and Chief Executive Jerry Yang will step down after the company finds a replacement, closing a tumultuous and short tenure during which Yahoo rejected an offer from Microsoft Corp.'s to buy it. readmore
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Yahoo! (YHOO) advanced in pre-market trading, on news of the stepping down of Jerry Yang as CEO.
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Bowing to mounting pressure from investors, Jerry Yang, co-founder of search engine giant Yahoo Inc., decided to step down as chief executive officer of the company. Yahoo's Board of Directors has initiated a search for a new chief executive. Yang will return to his former role as Chief Yahoo! after his successor is appointed as CEO, and he will also continue to serve on the Board.