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Yahoo! Businesses The Internet

Yahoo CEO Speaks Up about Shake Up 88

cvos writes "Yahoo has been under fire recently. The common wisdom is that they are losing marketshare to Google, and now MSN. Many executives have departed in the last few weeks, and Yahoo has received a lot of unfavorable press. Their CEO let out a (unintentional) personal and heated response to media critics." From the article: "At the next all-hands. Just as a reminder. I'm sorry I didn't do it today. I'm gonna put up there all of the press reports on how Yahoo! was going out of business 5 years ago. And of how we were gonna be swallowed up by AOL, owned by Time-Warner, and by Microsoft, and by everybody else. And Yahoo! looked like it had a dim future. Well those headlines, of course, were used to wrap a lot of fish in a lot of people's houses, as the expression goes. And they were all full of [expletive deleted], and they had no idea what we had planned for them. And they do not now as well!"
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Yahoo CEO Speaks Up About Shake Up

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