Yahoo boss Yang stepping down

Yahoo co-founder Jerry Yang is stepping down as chief executive, ending a rocky reign marked by his refusal to sell the internet company to Microsoft for $48bn (€38bn) – more than triple Yahoo’s current market value.

Yahoo boss Yang stepping down
Tue, 18 Nov, 2008 - 09:36

Yahoo co-founder Jerry Yang is stepping down as chief executive, ending a rocky reign marked by his refusal to sell the internet company to Microsoft for $48bn (€38bn) – more than triple Yahoo’s current market value.

The change in command will not be completed until Yahoo finds a replacement.

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