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Jerry Yang Affirm Yahoo! Not For Sale

September 8, 2011 | Internet, News



Yahoo! founder Jerry Yang confirmed that the giant Internet company will not be sold. Jerry statement is denied reports circulating that Yahoo! will be sold after they were sacked from the post of Carol Bartz Executive Director (CEO).

Yahoo! news will be sold it is loaded by the Wall Street Journal quoted a source as saying Yahoo! looking for the right bidder. The news also caused a stir. Many are asking Yahoo! to confirm these rumors.

According to the site AllThingsD, Jerry Yang, founder and former CEO of Yahoo, finally go to vote. He said the company is headquartered in Sunnyvale, Calif., was running normally. A total of 13 500 employees worked as usual.

But according to Henry Blodget of Businees Insider, Jerry statement is precisely the sort of sign that is Yahoo! will be sold. “His statement is like a bulletin board put up ‘For Sale’ in the yard of a house,” said Henry.

Meanwhile, other sources mention Yahoo! has hired advisers to help make decisions. They reportedly hired the consulting firm Allen & Co..

Board of Directors Yahoo! surprise. Carol Bartz was fired from the post of Executive Director (Chief Executive Officer) Yahoo. Female 62 years was fired by President Yahoo! Roy Bostock by telephone on Tuesday, September 6, 2011.

“I am very sad has been sacked over the phone, an honor for me to work with you all,” wrote the employee Bartz Yahoo. “I hope you get the best.”

Carol Bartz Yahoo! appointed CEO in 2009 to replace Jerry Yang. But he’s got a lot of criticism because of leadership or vision. Yahoo! failing to achieve significant improvement in the market for Internet search engines and social networking sites.

Tim Morse, who previously served as Finance Director, to temporarily take over as Bartz. Yahoo! is struggling increases its market share amid competition Google and Facebook.

Although now overshadowed by Google and Facebook, Yahoo remains one of the most frequently visited sites on the Internet.

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