Yahoo is Friendless On Wall Street
Jerry Yang, Yahoo’s CEO, this morning posted what can be described as an emotional blog post about the Microsoft-Yahoo buyout saga. He reinforces the points he has made all along: that Yahoo needs to execute, innovate and develop more focus. Good intentions, but apparently not many are buying it. You should read the comments in response to Yang’s post: a lot of angry people, including shareholders who think that the company should have sold out. (Kara is reporting some frustration in the executive ranks over the lost big opportunity.)
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