Here is the presentation Jerry Yang will make to shareholders on August 1, 2008. It was filed with the SEC today.
In it, Yang will make the case for:1) Supporting the current board slate2) Provides Details of Microsoft Discussions3) Benefits of Google Agreement4) Progress on Strategic Plan
View presentation >>
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Labels: jerry yang, Yahoo

Yahoo has formed a Cloud Computing & Data Infrastructure Group, to explore getting into the business of selling pay-as-you-go cloud infrastructure to developers and companies. Yahoo has been building massive scale infrastructure for years, but the intent of the new organization is to streamline development by bringing the various people and teams working on the core technologies into a single group, said Yahoo CTO Ari Balogh said to Dan Farber.
Below is the statement Yahoo issued.
In order to expand its cloud computing capabilities, the Company will form a More»

Labels: cloud computing, Yahoo

Russian search engine Yandex, is opening a facility in Palo Alto. The company has hired Vishal Makhijani, who was previously general manager of Yahoo’s search group.
“We did not hesitate to go the extra mile to find this rare talent,” said Arkady Volozh, CEO of Yandex, the parent company. “We are excited to add a leading technology and business veteran in Silicon Valley to the Yandex team. Vish and his group at Yandex Labs will help to extend and improve Yandex’s core technology capabilities including the quality of algorithmic search for the Russian audience.”
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Labels: Search, Yahoo, yandex

Exactly one year ago to the day, I wrote about Yahoo being a casualty in the search war. The war has taken its toll and Yahoo is on life support today.
It all began when Jerry Yang made the catastrophic mistake of hiring Terry Semel in 2001. Terry had a backward view of the world. His experience was in Hollywood where everything was packaged. The internet business, however, is like a “live play” where you have to think on your feet. And thus, he was not equipped More»

Labels: jerry yang, Terry Semel, Yahoo

Dear Steve,
Are you kidding me? There is no way we’re selling out to the Evil Empire. You guys couldn’t find a clue if you had a better search engine:
- $44.6 billion? How am I supposed to buy “Star Trek” collectibles with that?- All those antitrust hearings would seriously cut into my Wii play time.- Yahoo! freakin’! rules! Does your company have an exclamation point in its name? I didn’t think so.
Go to hell (and have a Yahoolarious day),
Jerry YangChief Yahoo!
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Labels: ballmer, jerry yang, Microsoft, Yahoo

To: Jerry YangFrom: Joe NoceraRe: Shafting Yahoo’s Shareholders
Dear Jerry,
Congratulations — you pulled it off. You got Microsoft to walk away from your beloved Yahoo for good. The final word went out on Thursday…
…announcing a Google deal just a few hours after you and Microsoft revealed that your talks had officially ended. According to your press release, Yahoo will soon begin running ads sold by your archrival…
…you’ve chosen to become a pawn More»

Labels: Microsoft, Yahoo

I am puzzled, was Yahoo in such dire straits that they could not negotiate a better deal? Yahoo has agreed to pay Google a break up fee of $250 million if the partnership falls apart within the first two years.
If the Services Agreement is terminated by either party within 24 months … Yahoo! is required to pay to Google the sum of $250,000,000…
Under the proposed deal Yahoo anticipates on making $250 million to $450 million in operating cash flow in the first 12 months following implementation. On More»

Labels: Advertising, Search, Yahoo

Google accounted for 68.29 percent of all U.S. searches in the four weeks ending May 31, 2008, Hitwise announced today. Yahoo! Search, MSN Search and Ask.com each received 19.95, 5.89 and 4.23 percent respectively. The remaining 41 search engines in the Hitwise Search Engine Analysis Tool accounted for 1.63 percent of U.S. searches.

Percentage of U.S. Searches Among Leading Search Engine Providers

Domain
May-08
Apr-08
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Labels: Microsoft, Search, Yahoo

The Yahoo board has responded to corporate raider Carl Icahn’s sharp criticism and call to action with this tiny note out today:
SUNNYVALE, Calif., Jun 06, 2008 (BUSINESS WIRE) –Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, today issued the following response to Carl Icahn in response to his letter dated June 6, 2008:
Leaving aside Mr. Icahn’s inaccurate interpretation of our retention plan, we again note that he has no credible plan to operate Yahoo!. We believe that Mr. Icahn’s suggestion that we cancel our retention plan would have a destabilizing impact on Yahoo! More»

Labels: microsoft merger, Yahoo, YHOO

I think this speaks for itself!
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Labels: Microsoft, msft, Search, Yahoo, YHOO