Yahoo Co-Founder Yang Now In Charge 91
Raver32 writes "Yahoo Inc. Chairman Terry Semel ended his six-year tenure as chief executive officer today and will hand over the reins to co-founder Jerry Yang in the Internet icon's latest attempt to regain investor confidence.
Semel, 64, will remain chairman in a non-executive role.
Besides naming Yang as its new CEO, Yahoo appointed Susan Decker as its president. Decker, who had been recently promoted to oversee Yahoo's advertising operations, had widely been seen as Semel's heir apparent."
with Jerry in charge (Score:1, Interesting)
You're right about Decker, she climbed the affirmative action ladder. A white man with her skills would be a no-name first line supervisor.
Re:Lets hope they change (Score:5, Interesting)
Until then, they will remain a second rate search engine.
Yahoo doesn't see itself as a search engine, they see themselves as a portal. Of course the demographic they're aiming for has changed recently.
I'm not sure why anyone would go to Yahoo anymore. I used to house all crap "we need an email address" email at yahoo, but after having to read about some idiotic thing Britney or Paris did, or some foolish article about "Office tips you should follow!" for the umpteenth time on the front page of Yahoo, I've moved my crap email to Google.
Yahoo seems to think it's ideal customer is the bubble-headed bleach blond who's thinking about being a "career man/woman" now. It's basically Glamor on the Internet. I'm sure there's a market for that, but it seems strange that was supposed to be a billion dollar company is aiming for that small demographic.
Lack of innovation (Score:5, Interesting)
Re:Lets hope they change (Score:4, Interesting)
Of course, using the site in conjunction with adblocker in order to make it look good probably isn't what they had in mind, but oh well.
Re:pattern? (Score:3, Interesting)
Re:I hope that I can become second rate (Score:4, Interesting)
Currently, Yahoo is declining and will continue until they change how they do business. As it is, they treat them like a large telcomm. They have AVERAGE pay, AVERAGE benefits, AVERAGE managers, and worst of all, no ownership of ideas. Business ppl and marketing is in control of Yahoo. Google did the smart thing and has marketing working in collaboration WITH techies. That is, techies are developing ideas (labs.google.com) and then marketing looks at how to integrate. Yahoo has marketing telling techies what to do. Sadly, Yahoo has the same type marketing ppl that every other company has; Worthless followers. Yahoo will continue to fall UNLESS they have learned.
And yes, their search engine is 2'nd rate.
Re:with Jerry in charge (Score:5, Interesting)
You're right about Decker, she climbed the affirmative action ladder. A white man with her skills would be a no-name first line supervisor.
A few months ago I would have agreed with you. However, Warren Buffett thinks enough of her to add her to Berkshire Hathaway's Board of Directors. I will defer to his judgement on this one.
Big mistake (Score:3, Interesting)
Yahoo and the internet is a very complex business and requires business savvy. Yang should just spend his money, date model and movie stars and leave it at that. Taking the reins of Yahoo and trying to manage their entire portfolio of businesses is far too complex for someone who doesn't have decades of experience that someone like Semel had. Think about things like branding, partnerships, etc. How do you expect Yang to handle complex business decisions like that?? The short answer is that he can't and won't.
No, Semel did no succeed against Google, however, he had a good idea. Treat Yahoo like a media company, which it is. Google went a different way, and it paid off better. But as a company, Yahoo did not do poorly. It's just that the competition did way better.
Directory is called Del.icio.us (Score:1, Interesting)
Now, if only they'd integrate delcious data into search in a somewhat controlled manner, it'd kick ass.
Right now, they're sitting on one of the biggest collection of urls tagged and with notes.