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View Full Version : Yahoo co-founder Yang stepping down as CEO

kewlchat
Nov 18th 2008, 7:55 am
Its breaking news guys...

Read more here.. http://www.msnbc.msn.com/id/27775703/

I guess they should have made the deal with msn..
snowbird
Nov 18th 2008, 8:16 am
Shareholders have every reason to be upset. Their investment is worth just a fraction of what it was when Microsoft was trying to buy Yahoo. But the same can also be said of many other sectors.

Maybe a new CEO will bring a renewed effort to build on Yahoo's foundation. Hopefully such an approach will focus on providing the tools and resources Webmasters want...
TStarnes
Nov 18th 2008, 9:06 am
It's not surprising he is stepping down. He killed the chance to sell yahoo at $33 a share and make everyone lots of money, and kept saying he knew where the company was going. And now their stock has tanked.

If I was a shareholder, I would want him gone, that's for sure.
DavidAusman
Nov 18th 2008, 9:29 am
Microsoft deal is good for shareholders but it will not bring Yahoo further. If you take a look at Microsoft's quarterly earning reports, you will notice that their online business is the worst dept.
dfourss
Nov 18th 2008, 9:33 am
It's about time!
Kaoz
Nov 18th 2008, 10:03 am
Yes heard about this. Never knew it was purchased though.
TStarnes
Nov 18th 2008, 12:06 pm
Microsoft deal is good for shareholders but it will not bring Yahoo further. If you take a look at Microsoft's quarterly earning reports, you will notice that their online business is the worst dept.

But they will still be in business in 6 mo. Yahoo is starting to circle the drain. They are going to be bought by someone, now for less money.
suabo
Dec 8th 2008, 6:48 am
yes..It's about time!