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Yahoo CEO Yang to step down

Updated 5:11 p.m. PST with Yahoo announcement. Updated 5:21, 6:19 p.m., and 6:57 p.m. PST with further detail.

Yahoo, under fierce financial pressure, has begun a search to replace company co-founder Jerry Yang as chief executive, the company said Monday.

"Jerry and the board have had an ongoing dialogue about succession timing, and we all agree that now is the right time to make the transition to a new CEO who can take the company to the next level," Chairman Roy Bostock said in a statement. "We are deeply grateful … Read more

Firing or keeping Yang not the key to Yahoo's future

Brutal.

That's the only way to describe the reviews of Jerry Yang's time on stage for his interview with John Battelle at the Web 2.0 conference in San Francisco.

Everyone, it seems, had a piece of advice for Yang.

Forbes' Elizabeth Corcoran suggested he develop an "iron fist" approach to enforce corporate discipline.

GigaOm's Om Malik suggested that Yang suffered from "a sense of tragic self-delusion."

TechCrunch's Michael Arrington was in an off-with-his-head mood and concluded: "It's long past time for change. Yang must go."

Some or all … Read more

CNET News Daily Podcast: Will Jerry Yang go back to Microsoft?

As you've likely heard, Google decided Wednesday to pull the plug on a search-ad partnership with Yahoo due to antitrust concerns. Now it appears Yahoo's jilted CEO Jerry Yang is leaving the door open for an old suitor: Microsoft. CNET News reporter Stephen Shankland assesses the chances that we'll see Microhoo negotiations resurrected.

That, and other headlines of the day, on the CNET News Daily Podcast.

Listen now: Download today's podcast

Today's stories:

Obama names tech execs to transition team

Feature films coming to YouTube

YouTube tweaks its embedded video player

Former Intel worker faces more charges in alleged trade secrets theftRead more

Buzz Out Loud 847: Don't stand behind the hologram

The U.S. Army prepares to test and deploy ghost soldiers in MMORPGS and possibly also the real world. They may be decoys, folks, but remember: they're still light-based projections that won't stop a bullet. Also, it appears Apple will finally activate over-the-air podcast downloads for the iPhone and iPod Touch. Which, yeah. Ya think? Geez. Listen now: Download today's podcast EPISODE 847

Hey Microsoft, Yahoo’s for sale--for real this time http://www.crn.com/software/212000962

Obama, McCain campaigns both hacked, files compromised (thanks rpcaldiera) http://it.slashdot.org/article.pl?sid=08/11/05/221222Read more

Web 2.0 Summit videos: Yang, Doerr, Armstrong

The Web 2.0 Summit isn't just for geeks and software industry insiders--not with a speaker list that includes the likes of Al Gore and Lance Armstrong.

Day 1 of the San Francisco event featured on-stage talks with Armstrong, the multiyear Tour de France champion and force-of-nature bicyclist, along with Yahoo CEO Jerry Yang and top-shelf venture capitalist John Doerr. Below are videos of their on-stage talks, courtesy of TechWeb.

Yang showed up at an inauspicious moment for his company: longtime rival and sometime partner Google announced on Wednesday that it was giving up on a proposed search-advertising dealRead more

Yahoo's Jerry Yang runs into a wall

The reviews of Jerry Yang's performance at the Web 2.0 Summit have not been glowing. The Yahoo CEO's interview with Web 2.0 Summit co-host John Battelle this week has been described as a train wreck, self-delusional, and as making a mockery of the vaunted company he helped create.

During the interview, Yang defined Yahoo's vision as a "consumer brand that allows people to get what they want on the Internet." Yahoo is a destination site with starting points, such as Yahoo Finance and the Yahoo home page, and is rewiring its platform to … Read more

Jilted Yang desperate to deal?

Is Jerry Yang getting eager to make a deal?

The Yahoo chief might well be reeling from Google's decision Wednesday to pull the plug on a search-ad partnership with Yahoo that would have given Yahoo major new revenue but that raised antitrust concerns. Google said the proposed partnership wasn't worth the headache after the Department of Justice notified Yahoo and Google that if they proceeded with their controversial search agreement, it would file a lawsuit to block the deal.

Now it appears that Yang is leaving the door very much open for an old suitor: Microsoft.

During a … Read more

Jerry Yang: I'm a fighter

SAN FRANCISCO--This hasn't been the best year for a lot of people in the tech industry. But nobody can argue that Yahoo CEO Jerry Yang hasn't had a particularly rough time.

"Jerry Yang has had a tough nine months," Web 2.0 Summit host John Battelle of Federated Media said as he introduced the CEO for a talk at the conference here on Wednesday, and went on to list some of his company's much-documented woes. Yang, in a blue blazer and white checkered shirt, slouching a bit in his chair, replied, "That's quite … Read more

The Yahoo countdown begins

OK, Jerry, so now what?

Don't you know that Jerry Yang would grab Microsoft's original $31 a share buyout bid if he could turn back the clock. Of course, that ain't about to happen, so mark November 5, 2008 as the start of the Great Countdown until the company's fate gets decided by Microsoft, or some still unknown third party. From this point on, its CEO has run out of options.

Google announced Wednesday that it was backing out of its proposed search ad partnership because it didn't have the stomach for a fight with … Read more

Yahoo bets on a glass half full

Yahoo Chief Executive Jerry Yang had some bold words to say while announcing the company's third-quarter financial results. The only problem is that they might have been a different set of words than disgruntled investors were expecting.

Though Yahoo announced a 10 percent layoff that will affect at least 1,430 employees, Yang and President Sue Decker also talked in optimistic terms about how the company is working to achieve a strong position when the advertising market recovers from the current economic troubles. It's smart to plan for the long-term, but right now, investors are fixated on Yahoo'… Read more