Yahoo Still Mulling Its Options, Yang Says
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Yahoo has not reached a decision about Microsoftâs acquisition offer and is considering âa wide range of potential strategic alternatives,â Yahoo C.E.O. Jerry Yang said in an e-mail to employees.
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Yahoo Inc  Chief  Executive Jerry Yang said on Tuesday that 2008 will begin with  targeted job cuts and will require heavy investments to get  ahead in new advertising and mobile markets.
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HALF MOON BAY, California  - Yahoo Inc  has been slow to react to sweeping changes in Web consumer behavior and online advertising shifts, but it is picking up its pace, its top executives said on Tuesday.
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Rupert Murdoch's News Corp. recently discussed swapping its MySpace social-networking site in exchange for a large stake in Yahoo, according to published reports.
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Yahoo Inc. Chief Executive Jerry Yang told employees Wednesday that the struggling Internet pioneer is still examining ways to avoid a takeover by rival Microsoft Corp.
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Blog: Jerry Yang is Yahoo's new CEO. Is he the right choice for leader?
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Yahoo Inc. on Monday tapped  co-founder Jerry Yang to replace Chief Executive Terry Semel,  bowing to investor pressure as the Internet media company has  failed to keep up with rival Google Inc.
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Chief Executive Jerry Yang told advertising executives that Yahoo can differentiate itself by acting as an "open" alternative to rivals such as Google and Microsoft
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Time Warner Inc. has been trying to figure out what to do with its struggling AOL unit for a few years now. A potential combination of Microsoft Corp. and Yahoo Inc. could put even more pressure on the media conglomerate to take action.
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In a brief FAQ posted to the company's Web site, Yahoo also says it will look at all strategic alternatives, including pursuing other bidders, to maximize shareholder value.
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News Corp. recently discussed swapping its MySpace social-networking site in exchange for a large stake in Yahoo, according to published reports.
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Yahoo Inc. chief Jerry Yang was found wanting on Wednesday by investors who said the company needed to devise a plan to combat weaker advertising growth more quickly than in the 100 days promised by management.
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Yahoo Inc  Chief Executive  Jerry Yang on Monday highlighted his vision for reinvigorating  the pioneering Web company and solidifying Yahoo's role as the  essential starting point for Web users.
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Yahoo Inc. on Monday tapped  co-founder Jerry Yang to replace Chief Executive Terry Semel,  bowing to investor pressure as the Internet media company has  failed to keep up with rival Google Inc..
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Yahoo Inc. thinks it's back on the right track now that co-founder Jerry Yang has replaced Terry Semel as chief executive, but analysts and investors already are wondering whether the shake-up is just a prelude to more radical measures, including a possible sale or breakup of the troubled Internet icon.
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Yahoo will announce plans to lay off hundreds of its 14,000 employees as the&#160;faltering Internet giant&#160;continues trying to snap out of its financial funk and fine tune its business strategies, several media outlets are reporting.Yahoo will let go hundreds of staffers as part of its ongoing efforts to improve its profitability and compete against Google, Facebook, MySpace and others, according to articles in The New York Times and The Wall Street Journal that cited anonymous sources.However, the Journal said that Yahoo will hire new employees in other areas and that it plans to finish the year with about the same amount of employees it had at the end of 2007.If Yahoo does in fact keep its headcount at last year&#39;s level, then the layoffs will probably be seen as a rebalancing of staff and less as a sign of financial distress at the company.A Yahoo spokeswoman contacted by IDG News Service declined to comment about layoff plans but said in an e-mailed statement that, as part of its multiyear transformation plan, the company plans to &quot;invest in some areas, reduce emphasis in others, and eliminate some areas of the business,&quot; based on its priorities.&quot;Yahoo continues to attract and hire talent against the company&#39;s key initiatives to create long-term stockholder value,&quot; she said on Tuesday.Yahoo is still deciding the extent of the layoffs and the areas that will be affected, and it will likely announce concrete plans to reduce staff next Tuesday when it issues its fourth-quarter earnings report, the Times and the Journal reported.Whatever ends up happening with the reported staff cuts, it&#39;s undeniable that Yahoo is still very much in reorganization and recovery mode.Once viewed as a dominant provider of online advertising and consumer Internet services, Yahoo has in recent years looked out of sync with the latest technical innovations and business opportunities. For starters, it let Google run away with the market for Internet search and advertising, and failed to develop a leading social-networking site, letting MySpace and Facebook capitalize on that opportunity. Yahoo also largely missed the online video revolution, which Google latched on to with its YouTube acquisition.Along the way, its sales and profits have been disappointing for the past two years, leading to several management shakeups in late 2006 and 2007.By far, the most dramatic happened in June, when co-founder Jerry Yang took over as CEO and chairman from Terry Semel. At the time, Susan Decker, former chief financial officer and head of Yahoo&#39;s advertiser and publisher group, became president.A week after Semel&#39;s demotion to non-executive chairman, Yahoo combined its search and display advertising sales teams in the U.S. It was an attempt to extend the company&#39;s long-standing, core display advertising client relationships to the pay-per-click business, which generates about 40 percent of the industry&#39;s online advertising and is dominated by Google.In August, Yahoo again shook up its top management ranks when it announced that its top sales executive would leave and that a new global sales organization had been created.In December 2006, Semel had rolled out a major reorganization, creating three main business units to focus on Yahoo&#39;s key customer segments: consumers, advertisers and publishers. At the time, Semel also announced that Dan Rosensweig, then chief operating officer, would leave the company.That reorganization was preceded by a widely publicized internal memo that was leaked to the media in November and came to be known as the Peanut Butter Manifesto. In the scathing memo, Brad Garlinghouse, Yahoo&#39;s senior vice president of communications and communities, called for a major reorganization, saying the company lacked &quot;a focused, cohesive vision&quot; that had made it &quot;reactive&quot; and eager to be &quot;everything to everyone.&quot;Since the uproar over the Peanut Butter Manifesto and the ensuing shakeups, Yahoo has seen quite a few changes in its upper management ranks. In addition to Semel&#39;s demotion and Rosensweig&#39;s departure, also gone are Wenda Harris Millard, who was chief sales officer, and Chief Technology Officer Farzad Nazem. In June, The New York Times reported that, in addition to these executives, at least 17 others at vice president level or higher had left Yahoo since the December 2006 reorganization.&#160;
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SAN FRANCISCO/NEW YORK  - Yahoo Inc would consider a business alliance with Google Inc as one way to rebuff a $44.6 billion takeover proposal by Microsoft, a source familiar with Yahoo's strategy said on Sunday.