NEW YORK - The Internet company Yahoo! continues its CEO and co-founder Jerry Yang (40) on the side. He will remain until a replacement is found. That made the American company known Monday. Yang remains at a high level by Yahoo!.
The move follows the failed takeover earlier this year of Yahoo! by software giant Microsoft. Many shareholders did not agree that Yang rejected an offer. Microsoft offered a total of 47 billion dollars for Yahoo! but not long negotiations eventually led to a takeover.
According to sources, there would be personal animosity arose between Yang and Microsoft CEO Steve Ballmer. Now Yang road, according to observers there would be room for renewed talks with the software giant.
In addition walked Yahoo! this autumn a lucrative advertising contract with Google as a result of a wrong decision of the U.S. competition authorities. The search was disclosed last month, 10 percent of the jobs, around 1,400 jobs, to be deleted as a result of the economic downturn.
Yang, the search engine founded in 1995 with fellow-student David Filo, was only the last one and a half years at the top of the board of the company. He left Monday night that the time has become Yahoo! to a new leader to leave.
The move follows the failed takeover earlier this year of Yahoo! by software giant Microsoft. Many shareholders did not agree that Yang rejected an offer. Microsoft offered a total of 47 billion dollars for Yahoo! but not long negotiations eventually led to a takeover.
According to sources, there would be personal animosity arose between Yang and Microsoft CEO Steve Ballmer. Now Yang road, according to observers there would be room for renewed talks with the software giant.
In addition walked Yahoo! this autumn a lucrative advertising contract with Google as a result of a wrong decision of the U.S. competition authorities. The search was disclosed last month, 10 percent of the jobs, around 1,400 jobs, to be deleted as a result of the economic downturn.
Yang, the search engine founded in 1995 with fellow-student David Filo, was only the last one and a half years at the top of the board of the company. He left Monday night that the time has become Yahoo! to a new leader to leave.
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