AdamSmith Posted November 18, 2008 Posted November 18, 2008 Dilbert could not have said it better... Yahoo co-founder Yang stepping down as CEO Search is on for successor; company’s stock has fallen in 17-month tenure SAN FRANCISCO - Yahoo Inc. co-founder Jerry Yang is stepping down as chief executive, ending a rocky reign marked by his refusal to sell the Internet company to Microsoft Corp. for $47.5 billion — more than triple Yahoo's current market value. The change in command announced Monday won't be completed until Yahoo finds his replacement. The Sunnyvale-based company said it is interviewing candidates inside and outside Yahoo in a search led by its chairman, Roy Bostock, and the executive recruitment firm Heidrick & Struggles. "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," Bostock said... (Emphasis courtesy AdamSmith) http://www.msnbc.msn.com/id/27775703 ...ROFL. For "next level" read "basement." Creative destruction, anyone? Quote
Guest Anton Posted November 29, 2008 Posted November 29, 2008 I'm sorry for Yahoo, but I'm not really surprised. In the past I tried to use Yahoo Voice to make international calls over the internet. I found the quality very good, but somehow I couldn't make a payment to add credit to call landlines as well (instead of only toll-free numbers). I remember that when I tried to make a call, before the connection was even made I got the message "This call ended because you failed to verify your credit card". When I called customer service, they couldn't help me due to "Company Policies" (LOL, whatever that would mean). I also remember that at the time I thought "Well, if this is the way they 'welcome' new customers, then I wonder how they'll be doing in the future." I guess I got my answer. Nevertheless I'm still sorry for them. Sincerely, Anton/Amsterdam. Quote
AdamSmith Posted November 29, 2008 Author Posted November 29, 2008 Their web-site hosting services are like that, too. If you need customer support, forget about it. And the latest sign of their sinking ship: Their web hosting services used to keep backup snapshots of your web site at regular points in time, dating back for at least a year. But recently, with no notice to customers, they deleted all the snapshots older than one month. Caught me by the balls on one site I help to maintain. Methinks they will now have a hard time getting anything like the valuation that Microsoft first offered for the business. Quote
AdamSmith Posted January 15, 2009 Author Posted January 15, 2009 Yahoo's new CEO, Carol Bartz, will cut some nuts off and straighten things out. Could it even (disclaimer: I am not qualified to give stock advice etc. etc.) be time to pick up a little YHOO? Assuming one has any spare dinars lying around. Quote
Guest StuCotts Posted January 15, 2009 Posted January 15, 2009 Assuming one has any spare dinars lying around. Ha!! Quote
AdamSmith Posted January 15, 2009 Author Posted January 15, 2009 Ha!! Indeed. I should have said yuan. Though even there... Who was it said, "I'd love to, but I'm afraid all my money is tied up in cash"? Quote
BiBottomBoy Posted January 16, 2009 Posted January 16, 2009 Yahoo is the pits. I finally got rid of their IM program because it crashed so often and would often bring my computer down with it. Quote
