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jerry yanglatest news & developments

Yahoo! freezes employee salaries

Yahoo! said on Thursday it is freezing employee pay as it works to curtail costs and improve the pioneering Internet firm’s fortunes.

Yahoo!’s Yang to step down as CEO

Yahoo! has said Jerry Yang will step down as chief executive as soon as the board finds a replacement.

Inquiry into Yahoo! ad link with Google ramped up

The US Department of Justice has begun a formal investigation into competition concerns surrounding an advertising tie-up between Google and Yahoo!.

Flickr founder’s exit marks end of a web era

Stewart Butterfield, who with his wife Caterina Fake created Flickr, used his resignation letter from Yahoo! to embark on a flight of fantasy.

Microsoft says in talks with Yahoo!, but not ‘re-bidding’

Microsoft chief Steve Ballmer said his company was still holding talks with Yahoo!, although no longer about efforts to take over the internet giant. Ballmer, speaking during a…

Yahoo! delays meeting to avoid showdown

The internet company Yahoo! has postponed its annual meeting as it grapples with the prospect of a shareholder rebellion in which as many as 30 candidates may try their luck in…

Gates plays down prospects of fresh Yahoo! bid

Microsoft chairperson Bill Gates on Wednesday played down the chances of a fresh takeover bid for Yahoo!, saying the United States software giant would focus on an independent…

Report: Yahoo! open to further talks with Microsoft

Yahoo! is willing to negotiate further with Microsoft, top executive Jerry Yang said in an interview on Tuesday, as he defended his handling of the aborted takeover bid. "We were…

Investors eye Yahoo!’s alternatives to Microsoft

Yahoo! faced growing pressure on Sunday to find an alternative strategy to Microsoft’s ,5-billion takeover offer after the software maker walked away over a disagreement on…

Microsoft withdraws offer for Yahoo!

Microsoft walked away from its bid to buy Yahoo! on Saturday after the internet company turned down its offer to raise the price by -billion to ,5-billion. Microsoft’s offer was…

Yahoo! rejects latest Microsoft takeover bid

United States internet company Yahoo! on Monday rejected software giant Microsoft’s three-week ultimatum to accept a takeover offer, but left the door open to a higher bid. "We…

Murdoch rescue bid for Yahoo! sets up showdown

Rupert Murdoch’s News Corporation (News Corp) is negotiating to rescue embattled internet company Yahoo! through an alliance that could set up a heavyweight business showdown…

Microsoft renews bid despite Yahoo! rejection

Yahoo!’s rejection on Monday of Microsoft’s buyout offer sets the stage for the United States software giant to up the ante or attempt a coup by ousting the internet firm’s board…

Yahoo! was king of the net — then came Google

With a market value of -billion, Google’s power has become awe-inspiring. Its profits rocketed by 40% to ,2-billion last year and it swallowed the popular video-sharing website…

Slumping Yahoo! to shed hundreds of jobs

Battered by slow revenue growth and the popularity of social-networking websites, Yahoo! is poised to lay off hundreds of workers, according to published reports. The New York…

Yahoo! revs up search engine to defy Google

Yahoo! has retooled its online search engine to make it more helpful and engaging, joining an industrywide wave of improvements that so far haven’t dented Google’s dominance. It…