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Send to email | Week In Review: iPhonemania Turns Ugly, Jerry Yang Gets Feisty in TGOOGAAPLMSFTYHOO | By Silicon el 12-Jul-2008 |
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All eyes were on Apple (AAPL) this week, which released the cheaper-with-a-more-expensive-contract iPhone 3G on Friday. Apple may be shipping up to one million phones to 22 countries, but all of the AT&T (T) stores around Silicon Alley are sold out. But even many people who got their precious handsets weren't happy: Activation snafus plagued many buyers. The upside: At least New Yorkers are among the privileged few who can take advantage of the new technology -- in large swathes of the United States there's no 3G coverage. iPhone owners old and new will be able to download and purchase some 500 iPhone apps, but Apple will probably veto many of the apps we most want.
Yahoo's (YHOO) Jerry "I bleed purple" Yang continues to say that Microsoft (MSFT) never made a serious bid for Yahoo and he's not quitting. Rumors that Yahoo's Q2 earnings may disappoint certainly won't help Yang quell the shareholder revolt. But given the slumping performance of both YHOO and MSFT, Yahoo investors are unlikely to see anything above $30 if a deal ever gets worked out. And that's a big "if." Yang's leadership aside, we still have no faith Icahn can do anything to increase shareholder value beyond what the current team is doing. We don't believe in magic bullets. What's your plan, Carl?
The times are trying even for Google (GOOG), who is hiring fewer people these days. The search giant has been having trouble making money off YouTube. Will Google have better success taking on Second Life?

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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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| Yahoo Shareholders Love Jerry After All | | Yesterday, we noted that the cost to Yahoo shareholders of having Jerry Yang as CEO was apparently $2 billion--as evidenced by the stock's pop after he announced that he was stepping down.
We were wrong!
It turns out Y [..] Read complete article |  | Published 19-Nov-2008 by Alley In in General Read 0 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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