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Send to email | Week In Review: Bring Me The Head Of Jerry Yang! in VZGOOGMNSTAAPLMSFTYHOO | By Silicon el 07-Jun-2008 |
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Poor Jerry Yang. He's doing his best signal that Yahoo (YHOO) desperately wants to resume merger negotiations with Microsoft (MSFT), but Steve Ballmer won't bite. Meanwhile, "activist investor" (to put it mildly) Carl Icahn won't forgive Yang for failing to close the deal last round, and publicly called for Yang to be fired. Icahn's Exhibit A: Yang's anti-Microsoft "doomsday machine". It looks like the Yang-Icahn quarrel might be heading for a proxy fight, but SAI publisher/YHOO shareholder/frequent Yang critic Henry Blodget says he's not voting for Icahn's slate. Why? Because in business, as in love, abject desperation is rarely a good strategy. That's what a vote for Icahn represents. YHOO shareholders, you've got to play it cool. Icahn has tried in days since to explain he has fallback strategies if Microsoft won't play ball, but we remain unconvinced.
Apple (AAPL) has its Worldwide Developers Conference on Monday, and everyone is expecting the debut of the iPhone 2.0, a potential blockbuster. What else may be in the works? Maybe a new tablet computer, or a facelift for the aging MacBook laptop? Forbes thinks Apple is stockpiling something out at a Fremont, Calif. warehouse. We wish we had more to go on, but Apple is maddeningly good at keeping the details of their products under wraps prior to launch. Tell us what's in your crystal ball and enter the SAI iPhone prediction game. Entries must be received by noon (Silicon Alley time) on June 9.
A few "let's hop on the social networking bandwagon" sites gave up the ghost this week. All headed for the grave: Verizon's (VZ) social network, Monster.com's (MNST) Tickle, and Microsoft's craigslist-wannabe "Windows Live Expo." They will not be missed.
That being said, spending on search ads continues strong amidst an overall slowing economy. Winner: Google (GOOG). Color us surprised.

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| JERRY OUT | | Jerry Yang will step down as Yahoo CEO as soon as a replacement is found. Kara Swisher has the story:
Yahoo CEO Jerry Yang will step down from his job as CEO, said sources close to the company, as [..] Read complete article |  | Published 17-Nov-2008 by Alley In in YHOO Read 2 times. More hits in  |
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| Jerry Yang to step down as Yahoo CEO | What a long strange trip it’s been. Mark this one as done folks - Yahoo has officially announced that Jerry Yang will step down as CEO of Yahoo. Yang has been at the helm of what can only be described as a sinking ship since June of 2007. His moves have been made under a [...] [..] Read complete article |  | Published 17-Nov-2008 by Zach Epstein in NewsCEOJerry YangresignationYahoo Read 2 times. More hits in  |
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