Silicon Alley Insider:
AOL (TWX) and Yahoo (YHOO) came close enough to merging last fall that executives from each company's media groups spent two days planning an eventual integration, says a source with knowledge of the meetings. AOL president and COO Ron Grant and new MediaGlow president Bill Wilson attended. Negotiations between the compan (Read More)
Submitted by Zee
from Google Reader:
Kara Swisher at All Things D has provided a quick run-through of some candidates for the top spot at Yahoo. They are divided into categories, according to what sort of company Yahoo is, or might become. There are four viable sections: The Media Mogul, The Insider, The Microsoftie or Googler, and The Fixer. Swisher also thro (Read More)
Submitted by Magitam
from Google Reader:
Arun Sarin, the former CEO of telecom Vodafone (NYSE: VOD), has emerged as the latest name being considered to replace Jerry Yang as Yahoo's chief, WSJ reports, citing unidentified sources. Sarin's name as a contender feels like a trial balloon. The big test will be how investors greet the news on Tuesday morning when (Read More)
Silicon Alley Insider:
For the past year, Jerry Yang and Sue Decker have been the primary pi atas for Yahoo's (YHOO) frustrated employees and shareholders. Much of this criticism is deserved: Yahoo's problems were clear 18 months ago when Jerry took over and, since then, things have only gotten worse. But Jerry and Sue aren't the only problem her (Read More)
Submitted by Magitam
from Google Reader:
Yahoo (NSDQ: YHOO) hasn't got a shot at nailing Peter Chernin as Jerry Yang's successor in the CEO role, AllThingsD's Kara Swisher reports, citing an unidentified source. Chernin, president and COO of News Corp (NYSE: NWS). is said to have refused entreaties from Yang and Yahoo chairman Roy Bostock to just sit down with th (Read More)
paidContent.org:
Microsoft (NSDQ: MSFT) is working out a deal that would ultimately net it Yahoo's search business for $20 billion, The Times Online reports. It's a complex deal with many moving parts: —MSFT would initially only invest $5 billion, with the option to buy out the new unit for $20 billion after two years. Yahoo (NSDQ: YHOO) wo (Read More)
Silicon Alley Insider:
Here's a thought. Maybe Carl Icahn bought more Yahoo shares because he foresees an easy transition for the company after it names its next CEO.Because it'll be Sue Decker, who's been planning for the job for at least two years.Again, it's just a thought, but it's also a common one.A former Yahoo employee tells me he's convi (Read More)
TechCrunch:
Carl Icahn bought up another 6.8 million shares of Yahoo earlier this week, bringing his total holdings to 75.6 million shares (just shy of 5 percent). He paid just under $10 a share, or about a third of what he paid last May when he started building the bulk of his position.Of course, now he controls three seats on Yahoo& (Read More)
CNET News.com:
The key factor isn't who occupies the CEO's office. But with Jerry Yang set to step down, a source says, "Microsoft is open to a mutually beneficial search deal.". (Read More)
paidContent.org:
Yahoo's stock had another down day—its last trade dropped $0.19 to close at $10.63—but it could have a nice lift as word of Jerry Yang's decision to step down as CEO takes hold. In the meantime, analysts following Yahoo (NSDQ: YHOO) shared their reaction in quick notes sent to investors and in press interviews:-- CEO will c (Read More)
Mashable!:
Jerry Yang, co-founder of Yahoo and its CEO since June 2007, is stepping down from the Chief Executive spot as soon as a yet-to-be-named successor is appointed. Yang will be staying with the company in the role of “Chief Yahoo” and maintaining a seat on the company’s board of directors. In a statement released this evenin (Read More)
Mashable!:
Talk about a 180. Yahoo’s CEO Jerry Yang spoke at the Web 2.0 Summit in San Francisco; him and his company are tired, battered and bruised. But his message is now - suddenly, and amazingly - clear: Yahoo wants to be bought by Microsoft. His exact words?“To this day, I have to say that the best thing for Microsof (Read More)
: Yahoo needs to just hole up create some value and stop worrying about the stock price. They are going to hurt their cash position even more by looking desperate "perception is reality."
: Well...since the BIG offer was placed on the table and pushed back to MS with a "no"...we have seen Yahoo's stock drop fast. I mean...at one time thier stock was diamond quality..now I would really not want to touch it at all. Ever watch Deal or No Deal?..same story. Yahoo had thier case of 1'000'000 opened, so....what does the banker offer now. Somebody put this dog down.
Mashable!:
The entire Microsoft-Yahoo saga is now starting to look really sad for Yahoo. After Jerry Yang’s statement yesterday that Yahoo is suddenly interested in being acquired by Microsoft, Steve Ballmer now responds with a firm no. “We are not interested in going back and re-looking at an acquisition. I don’t kn (Read More)
paidContent.org:
As Jeff Dossett adroitly answered—or non-answered—the questions tossed his way in a hastily arranged interview Monday afternoon after Yahoo was backed into announcing his new job early, I couldn't tell which experience helped him more: navigating Mount Everest twice or surviving Microsoft's office politics. Either way, the (Read More)
Silicon Alley Insider:
Mark Cuban, who milked Yahoo (YHOO) for $4.6 billion in 1999 for Broadcast.com, never ended up on Yahoo's board after he was nominated on the Carl Icahn slate. But that's not stopping him from opining on Yahoo's problems.Yahoo could have put up a better fight against Google (GOOG), Cuban says, but Yahoo CEO Jerry Yang is "t (Read More)