Latest Jerry Yang Stories

Yahoo Monthly Active Users Up According To Mayer
2013-09-12 19:25:47

Peter Suciu for redOrbit.com – Your Universe Online Speaking at the TechCrunch Disrupt conference this week, Yahoo CEO Marissa Mayer expressed her delight at how things are going at the once struggling company. Mayer announced that the Yahoo monthly active users are up 20 percent to 800 million globally, including 350 million monthly active users on mobile. These increases have come since Mayer took the helm of the company in July of last year, but do not include Tumblr, the high...

2013-07-30 23:21:48

Company Secures Additional Strategic Investment To Propel Mission Towards Offering Faster, More Scalable and Highly Accurate Genomic Analysis Redwood City, CA (PRWEB) July 30, 2013 Bina Technologies, the genomic big data science platform accelerating personalized medicine, today announced that they have added to their Series B financing round with $1.75M in additional funding, bringing their total Series B round to $8M. The additional funding was led by Mohsen Moazami at Columbus Nova...

Yahoo Pulls Out Of South Korea
2012-10-21 10:38:06

redOrbit Staff & Wire Reports — Your Universe Online Yahoo has announced they will be closing down their South Korean web portal and ending their presence in the country by the end of the year. According to Jung-Ah Lee of the Wall Street Journal, Yahoo Korea released a statement Friday saying the company's operation in that nation had faced "a lot of challenges" over the past few years, and the website's poor performance there had "slowed Yahoo's overall business growth"...

Yahoo CEO Apologizes, But Will Not Step Down
2012-05-08 08:13:18

Michael Harper for RedOrbit.com It would appear as if Third Point´s 3 letters and subsequent follow-up have strong-armed Yahoo CEO Scott Thompson into apologizing for “padding” his resume with false information, but he isn´t planning on stepping down. According to an early morning release from Reuters, Yahoo´s board met yesterday afternoon to discuss the company's mounting troubles and controversy surrounding Thompson, who has reportedly made false claims on...

Yahoo Investor Seeking Four Seats on Company's Board
2012-03-22 06:34:14

The head of a major Yahoo investor was critical of the Internet pioneer's recent appointees to their board of directors and is seeking to have four current board members replaced with representatives of his hedge fund, according to a letter that was released as part of a regulatory filing Wednesday. The Associated Press (AP) reported that Daniel Loeb, manager of the hedge fund Third Point, argued in a letter released as part of the filing with the Securities and Exchange Commission (SEC)...

Yahoo Plans Massive Restructuring, Deep Layoffs
2012-03-06 05:40:01

Yahoo is preparing to lay off thousands of employees as part of a massive restructuring, the tech news website AllThingsD reported on Monday, citing multiple sources both inside and outside the company. The plan could be announced as early as this month, according to the report, and is “being aimed at Yahoo´s large products organization, as well as other arenas in which the company has lagged in.” "Some parts will be cut away, leaving resources to go to better efforts,"...

As Yahoo’s Struggles Continue, Board Chairman Bostock Steps Down
2012-02-09 05:21:58

In an unexpected letter to shareholders, Yahoo chairman Roy Bostock announced Tuesday that he and his fellow board members Vyomesh Joshi, Arthuer Kern and Gary Wilson would not be seeking another term on the board this year. Bostock said that former Rovi CEO Alfred Amoroso and former LiveOps CEO Maynard Webb had been added to Yahoo´s upper management team to stand in as independent directors. The past months have been a topsy-turvy time for the wavering Web colossus. Amidst...

Is Yahoo’s Ship Sinking One Last Time?
2012-01-18 09:37:59

Since Yahoo co-founder Jerry Yang announced his departure, the lifeboats appear to be lowering in what could become a mass exodus from the struggling search portal.  Yang also has left the boards of Yahoo Japan and Alibaba Group, a statement from Yahoo noted. At least four other directors are expected to follow Yang from the company soon including Chairman Roy Bostock, Arthur Kern, Vyomesh Joshi, and Gary Wilson, reports Kara Swisher for All Things D. Yang co-founded Yahoo with...

Word of the Day
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.