Eric Schmidt apologized profusely and simultaneously sniggered, while the Valley is hot with rumors over who will be the next poor dumb-founded Yahoo chief jock. Palin? The bankers desperately seeking an Xmas bonus are circling with a Facebook mandate in hand. After all the Facebook team fresh from trying to raise money in Dubai have just figured that a reverse into the Yahoo public not-quite shell may be less depressing.
Tuesday, November 18, 2008
Yahoo's Yang Dumped
Yahoo's Jerry Yang has chucked the towl in and resigned/er, been dumped as CEO of his cheer-leading, tree-hugging portal on steroids (once) - proving that even celeb founders can get promoted beyond their jock straps. He's handed the search for a new CEO to jobopz, I mean, Heidricks and is off on an ice skating trip. Nice if you can.
Posted by Philip Letts, blur Group at 7:17 AM