Yahoo’s Search Engine CEO Jerry Yang Steps Down
Yahoo the second biggest Search Engine have been under a lot of financial trouble this year. The greatest headlines in the technology news is about the unsuccessful Microsoft 2008 buyout of Yahoo. Then CEO Jerry Yang have been adamant in not selling Yahoo to Microsoft for $33 a share. The reason is that he believes Yahoo is worth more than $33 a share.
One way of generating revenue for Yahoo was to tie-up with the giant Search Engine Google which indeed have produced positive result. The plan turned awry when Google have severed the tie-up between the two search engines. The result of this have sent yahoo shares falling to a level below $20 a share mark.
The above scenario coupled with the financial crunch have forced Yahoo’s CEO Jerry Yang to step down. Many companies and businesses have been undergoing hard times and even experience losses. Thus, Debt Counseling Help is very valuable in events like what Search Engine Yahoo and what other IT businesses have been undergoing. Having a professional help on these matters could make a positive out come from the financial crisis.
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Friday, November 21st, 2008 at 11:12 pm under 