The WSJ is reporting that Microsoft no longer wants to acquire Yahoo!. Shares of Yahoo lost 10%, or $2.63, to $23.52 as of 4 p.m Eastern. It will go down much further. Jerry Yang will be fired soon. The executive exodus will march on, and Kara Swisher is making a career out of reporting on
Yahoo’s future suddenly looks brighter, as Terry Semel steps aside, and Co-Founder Jerry Yang takes back the reins. Semel, a former Hollywood executive who joined Yahoo in 2001, will remain chairman in a non-executive role. Yahoo also expanded the duties of Susan Decker, who was earlier named the head of the company’s advertising business, and
I got this email below from Outcast PR in response to the piece I wrote yesterday. Looks like Yahoo’s PR agency has been chartered to find all the articles on Semel’s pay, and “address” them. :: Hi Sramana, I was hoping you could make a correction to your piece in Seeking Alpha on Terry Semel’s
WSJ reports on Yahoo’s CEO compensation: :: Terry Semel, the chief executive of Yahoo Inc., received a 2006 bonus of $25.7 million in stock, representing 80% of the maximum he was eligible to receive even as the firm’s share price fell by more than a third during the year. Yahoo struggled in the year as
People have started wondering what the hell Terry Semel is up to. Amongst these people, there is a category that has more than idle wondering to do. George Roberts would fall in this category. Oh yes, I’m talking about the low-key, soft-spoken co-founder of KKR, the buyout giant. There’s someone else who says, “Damn! Wish