Now it's make-or-break time for Jerry Yang.
If his gambit succeeds, Yang will be feted as the second coming of Steve Jobs, reviving the glory of a one-time technology bellwether. If not, he'll join Terry Semel and Tim Koogle on the roster of failed Yahoo CEOs.
Earlier Thursday, Yahoo announced that Microsoft was no longer interested in pursuing a deal. Into the breach steps Google CEO Eric Schmidt with a search advertising arrangement that could be worth as much as $800 million to Yahoo.
During the first year after implementation, Yahoo expects the deal to generate an … Read more