Internet

Why did Yahoo co-founder Jerry Yang resign?

Yahoo’s Jerry Yang has resigned from the company he co-founded in 1995. It was announced on Tuesday that Yang is quitting Yahoo Japan Corporation and Alibaba Group Holding with immediate effect.

In a parting letter to Board Chairman Roy Bostock, Yang insisted that he is fully supportive of the efforts of new CEO Scott Thompson. Nevertheless, his departure comes at a time when some analysts are questioning Yahoo’s direction, with some worrying that the company does not have a strongly defined presence in the 21st century online world.

The problem, as many see it, is that Yahoo does lots of things but is not dominant in many areas. Ask the average person what Yahoo’s core business is, and they might not be able to tell you. Nevertheless, the company remains a big player in the online advertising world.

About these ads

About Michael R. Gideon

Writer, teacher, dog walker, guitarist, husband, father, reader, journalist etc. I mainly write at 100gf | Politics and Computers, but occasionally at other sites such as TV Vomit and Indie Bookspot. My Google Plus profile.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 152 other followers

%d bloggers like this: