Yang in many respects by his actions when negotiating with Microsoft earlier this year, has in fact attributed to his own demise In fact he has 'Been hoisted by his own petard' Shakespeare
Yahoo needs to get back on the right track or else it's days as a major player on the net are indeed numbered. Losing Yang is a step in the right direction but they need to find a real superstar to replace him and fix the company's direction.
Google has owned Yang for the longest time. Im glad my mutual fund bailed on Yahoo after he screwed up the Microsoft deal.
My Yahoo Plan as CEO….YApple! First off, it’s not that I am first with this plan, but my stint will be the cheapest, swiftest and offer the most upside to all. The board is done…FU see you later. Other than a couple server dudes and a clerk in accounts payable, 99.9 percent pink slips. TOMORROW. My guess, is everything still runs, much like the Y2K scare that was going to be the end of the world, if 99 percent of Yahoo employees left tomorrow, things would still run. There are just three things that matter in Web 4.48 - PORN, SPORTS and STOCKS. I could do all three with a few nutjob contributors at DigitalPoint. Everything else gets sold off. Sold on Ebay and Craigslist. News goes first. Once I sell everything, Steve Jobs can have the rest for the difference of what I got and today’s closing price. Much better than what the stock will be worth in 6 months. Every single ad on ANY Yahoo page in perpetuity will be for Steve Jobs and iMacs and IPhones. NO AD department, therefore, no complaints about eyeballs, and ad spending and monetizing video. Fill in the rest. Homerun for Apple and Yahoo the brand lives on as the social networking side of Apple called Yapple which I will run side by side with Steve until we destroy MySpace and Facebook (though they will likely just do that themselves). Although I have some friends at Yahoo, they know my number and we will find a home for them.
This matter comes up every now and then...but nothing concrete seems to happen. Neither is Yang stepping down..nor is Microsoft looking any more interested to gulp it...
This is probably good news as Microsoft can probably go ahead with the merger with Yahoo now. I really look forward to that happening.
Microsoft has said that it is not interested in buying Yahoo, even with Yang out of the picture. http://www.telegraph.co.uk/sciencea...soft-draws-line-under-Yahoo-deal-rumours.html
That's the way I'd play it if I was Mr. Ballmer. Stocks in all sectors are tanking, and nobody knows when we'll hit bottom. He'll wait until Y! is selling for about $2 per share (it's @ $8.95 right now), then he'll make his move. He'll swoop in like a raptor and gobble up Y! in a single mouthful. Microsoft is sitting on a huge mountain of cash. They can afford to wait. And this is how Baller will party when the deal is done! Yep. AmCy PS: yeah, he'll never be president of the United States