Guys, I’ve got some bad news. You might want to sit down. Jerry Yang, the CEO of Yahoo, well, he’s resigning. I know this is going to be hard on all of us, but—wait, what? You knew? But, how? Oh. Right. There was that whole begging Microsoft to take them back after they shot Redmond down like Jenny Slater when I asked her to the senior prom. Yeah. And the failed deal with Google. And the fact that Yahoo’s stock closed at under $11 yesterday.
Yeah—it hasn’t been a great year for you, Jerry, has it?
Anyway, Yang, who also co-founded the company back in, oh, 1845 or so, will step down as CEO, but will remain on the board under his old title of Chief Yahoo (chief Yahoo? We’ll see what Mr. Serious has to say about that). No news on who might replace Yang as CEO, but a little Googling suggests that we may have found just the person to, erm, take the opposite direction from Yang.
Man, Taoist humor gets me every time.