Yahoo Boos Jerry Yang Firing Line, says top analyst

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10-24-2008, 02:45 AM

govindseo

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Yahoo Boos Jerry Yang Firing Line, says top analyst

Yahoo boss Jerry Yang is majorly in the firing line following the announcement of a dramatic fall in Quarter 3 profits. Profits are down from $151 million to $54.3 million.
Yang was the major force behind the rejection of Microsoft's $44.6 billion offer for the company. The shares have also crumbled from $28 to $12.65.

Read More: Yahoo! chief Yang could be forced out, says top analyst - Telegraph

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