Topic: Jerry Yang

Vote Count Controversy: Yahoo Shareholder Wants Recount

At last Friday’s annual Yahoo shareholder meeting, the Yahoo slate of directors was re-elected, with CEO Jerry Yang and Chariman Roy Bostock receiving 15 percent and 20 percent “no” votes. AllThingsD points out these numbers are actually better than last year in the absence of the MicroHoo controversy and proxy contest. Yahoo Director Robert A. […]

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With Yahoo Proxy Fight Done, Shareholder Protest Now Largely “Symbolic”

Reuters reports that Gordon Crawford of Capital Research and Management, one of Yahoo’s largest shareholders, has apparently said that he may not support the existing Yahoo board at Friday’s annual shareholder meeting. The only trouble is that Yahoo’s settlement with Carl Icahn removes the ability for Crawford and other disgruntled shareholders to vote for alternatives […]

Icahn Settles With Yahoo, Joins Board

As Greg noted earlier, Carl Ichan was seeking control of Yahoo’s board. Instead, Yahoo and Ichan came up with a compromise, giving Ichan 3 of the 11 seats on Yahoo’s board. Eight members of the board will stand for reelection, including Yang. Robert Kotick will not be up for reelection. The board will expand to […]

As Yahoo Proxy Vote Looms, Questions Arise About Board Composition And Management’s Future

The never-ending MicroHoo drama has provided virtual reams of blog posts and endless fodder for speculation. The latest installment involves the question of whether Carl Icahn’s proxy battle for control of Yahoo’s board will see any success. In case you joined this story late, institutional shareholders are frustrated by Yahoo’s unwillingness to take the original […]

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Search Biz: Fear On Madison Avenue, Google Now A “Froe,” Microsoft’s Avenue A Says GooHoo “Good News For Advertisers,” & Yahoo Planning To Double Headcount In India

In a bit of irony, Microsoft-owned Avenue A/Razorfish’s search VP Matt Greitzer said that the recently announced Google-Yahoo paid search pact “is going to be good news for advertisers.” Greitzer subsequently qualified (or might have been asked to qualify) his early enthusiasm for the deal by suggesting that it could result in higher prices for […]

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Yahoo The Failure: Myth Versus Reality

As SS Yahoo appears to be sinking, let me be the contrarian about her future. I admit, I find it as hard to believe as anyone that Yahoo has much life left in it after all the executive departures this week, plus the latest news of Delicious founder Joshua Schacter going. But since Yahoo’s leadership […]

Triage Time For Yahoo, Delicious Founder Latest Departure

Are we watching an awkward transition at Yahoo or something more like a collapse? To declare my biases openly, I hope it’s the former. Yahoo and Google need strong competitors to keep them on their toes. But what’s happening at Yahoo certainly does not look good. The company has gone through several “reorgs” in the […]

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Yahoo Loses Jeff Weiner But Probably Won’t Replace Him

Consistent with earlier speculation, Jeff Weiner will be leaving Yahoo and become an “executive in residence” for both Accel Partners and Greylock Partners in the fall (he remains at Yahoo for a transition period). Yahoo President Sue Decker informed the rank and file and tried to maintain confidence in the company (her email via TechCrunch) […]

Yahoo-Google Deal: Shrewd Move Or Screw Up?

When the highly anticipated Yahoo-Google paid search deal was announced on Thursday, the fallout and speculation began immediately: would it help Yahoo or was it an act of capitulation to Google? Coming as it did with the formal end of talks with Microsoft, was it a betrayal of Yahoo shareholders? Ironically, insurgent Yahoo stockholder and […]

As Expected, Yahoo Announces “10 Year” Google Paid Search Deal

This afternoon Yahoo confirmed that it had entered into a paid search deal with Google. That deal is described by Yahoo in its press release and by Google in a related blog post. Google takes pains in the post to insulate the deal against anti-trust claims. The renewable 10-year deal goes beyond paid search results […]

Judge Unseals Shareholder Complaint Against Yahoo

A Delaware judge presiding over shareholder litigation against Yahoo has denied the company’s request to maintain a seal over the complaint in the matter. (Complaints are typically public records unless the parties can meet a high bar to keep them confidential.) The news was first reported by Reuters and Barrons.

Today’s MicroHoo Roundup: Google Considers Its Response, Google Says It Would “Hire” Yang, Icahn Might Be Thwarted By Slimmed-Down MicroHoo, & MSN Reorgs

Yesterday at Google HQ in Mountain View, during the Q&A session following the discussion of Google Health, a reporter sneaked in a question about Microsoft-Yahoo. Marissa Mayer declined to answer the question, as Google CEO Eric Schmidt and co-founders Brin and Page were mulling their collective response to the new and reduced Microsoft overture (pun […]

Can Icahn Or Microsoft Stop Google’s “Natural Monopoly”

Reports are that Carl Icahn has acquired about 3 percent of Yahoo’s shares, apparently in hopes of taking over the company. And then? Well, you know — maybe go back to Microsoft. Except Microsoft may no longer want to talk, plus that poison pill of a Google-Yahoo ad deal still lurks out there. More below, […]

Related Searches Comes To Google News

The Google News Blog announced the addition of “related searches” at the bottom of Google News search results. Related searches are “automatically generated based on an algorithm to determine terms related to your search,” said Google. It might be a good way to learn what is related in the news for a specific topic by […]

Aftermath: Yahoo Still Open To Deals; Stock Largely Survives

With the first day over since Microsoft bailed on Yahoo, I find myself chuckling with agreement over Valleywag’s "Post-Microsoft, Yahoo shares ‘plunge’ from $19 to $24.60" headline. Yahoo fared far better than many had predicted. Part of that may be due to thoughts that it is not all over yet for a Yahoo-Microsoft marriage or […]

Abandoning The Yahoo Deal: Microsoft’s $5 Billion Mistake?

If Microsoft’s walkaway from the Yahoo deal is indeed a ploy to save $5 billion, Microsoft CEO Steve Ballmer may have proven himself pennywise and pound foolish. He was prepared to spend billions to finally make Microsoft a serious rival to Google. For a bit more, he may have destroyed Microsoft’s chance to get there. Despite what I’m about […]

Microsoft Yanks Its Offer For Yahoo

Microsoft has decided to withdraw its offer for Yahoo and not pursue a hostile takeover bid, according to a letter from Microsoft CEO Steve Ballmer, just released: “Clearly a deal is not to be.” This marks an amazing turn in the MicroHoo drama. When the acquisition bid was first announced in February, it was discussed […]

Stay Tuned: Will Microsoft Sweeten The Deal?

The NY Post is reporting that despite public statements from Microsoft CEO Steve Ballmer and CFO Chris Liddell, the offer on the table is final and that though Microsoft might “walk away” from Yahoo, there may in fact be a new and improved offer to Jerry Yang and his fellow Yahoo board members through “back […]

US Justice Department Scrutinizing GooHoo Paid Search Test

According to Reuters the US Justice Department is taking a look at the paid search partnership test between Google and Yahoo. According to the article, there are antitrust concerns raised by the test and its implications and the Justice Department has “initiated an investigation” of it.

All Eyes On Yahoo Earnings Today

Today after the stock market closes, Yahoo will report earnings. Silicon Alley Insider offers a preview based on sources cited in the NY Post: “Several sources close to Yahoo! said the company will not blow the lid off earnings, but will likely beat analysts’ expectations of 9 cents a share and revenue estimates, excluding traffic […]