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Jerry Yang

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BUSINESS
January 18, 2012 | By Jessica Guynn, Los Angeles Times
Ending an era for one of the Internet's pioneers, Yahoo co-founder Jerry Yang has stepped down from the struggling company's board. He also relinquished posts on the boards of Yahoo Japan Corp. and Alibaba Group Holding Ltd., according to a statement from the Sunnyvale, Calif., company. His surprise departure came two weeks after Yahoo hired a new chief executive, Scott Thompson, the former president of EBay Inc.'s PayPal unit. Thompson is charged with helping Yahoo catch up to Google and Facebook, which have outpaced Yahoo in the fight for Web traffic and ad dollars.
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ENTERTAINMENT
October 13, 2012 | By Scarlet Cheng
As a young boy in Taiwan, Jerry Yang was forced to study calligraphy - writing Chinese characters with a brush. The practice is thought to mold character as well as to reflect it, but Yang found it a tedious chore. In 1998, when he was turning 30 and had already co-founded Yahoo, he heeded the call to look back to his heritage and bought two Chinese calligraphies at auction. It was the beginning, he has written, of "a journey of discovery, inspiration, and fulfillment. " Today, his collection numbers 250 works, including some by the greatest calligraphers of the Ming and Qing eras, and 40 of them have been selected for "Out of Character: Decoding Chinese Calligraphy," a new exhibition at the Asian Art Museum of San Francisco (through Jan. 13)
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BUSINESS
June 20, 2007 | Thomas S. Mulligan, Times Staff Writer
Jerry Yang isn't like Michael Dell, Steve Jobs and other high-profile executives who returned to rescue the companies they founded. Yang, Yahoo Inc.'s new chief executive, never left. And that's part of his credibility problem -- not just with outside investors hoping for a more radical management shake-up than they got this week, but also with current and former employees who have felt frustrated as they've watched rivals start to eat Yahoo's lunch.
BUSINESS
February 7, 2012 | By Nathan Olivarez-Giles
Yahoo will forge its future without Chairman Roy Bostock and three other board members, the struggling Internet company said. Bostock announced the departures Tuesday in a letter to shareholders, describing the moves as part of Yahoo's turnaround efforts. "The board has concluded that in order to accelerate the Company's transformation, the combination of a new Chief Executive Officer with an enhanced team of independent directors would provide Yahoo with the expertise and perspectives necessary to drive innovation and growth going forward," Bostock said in the letter.
BUSINESS
February 7, 2008 | Jessica Guynn, Times Staff Writer
Yahoo Inc.'s negotiations with Google Inc. have intensified as Yahoo Chief Executive Jerry Yang races to find alternatives to Microsoft Corp.'s unsolicited $44.6-billion takeover offer, a person familiar with the matter said Wednesday. Yang told Yahoo employees in an e-mail that the board of directors was evaluating "a wide range of potential strategic alternatives" and had "made no decisions" about the Microsoft bid, according to a filing with the Securities and Exchange Commission.
BUSINESS
August 24, 2006 | From Bloomberg News
Yahoo Inc. co-founder Jerry Yang transferred 3 million of his shares in the company to a blind trust, clearing the way to sell the shares periodically. The trust has complete discretion to trade the stock, Sunnyvale, Calif.-based Yahoo said in a regulatory filing. The arrangements protect executives against insider trading charges by setting a plan for stock sales.
BUSINESS
February 17, 2007 | From the Associated Press
Yahoo Inc. co-founder Jerry Yang said he would donate $75 million to his alma mater, Stanford University, where he and a fellow student began working on a directory of websites that became one of the Internet's first big success stories. Stanford said that $50 million of the donation would be used to cover the costs of a new environmental studies center and that $5 million would help fund a center for training doctors.
BUSINESS
July 19, 2011 | From Reuters
Yahoo Inc. plodded through another disappointing performance in the second quarter, a familiar script that's wearing thin with exasperated investors. The results released Tuesday are likely to intensify the pressure that had already been mounting on Yahoo CEO Carol Bartz as she enters the final 17 months of her four-year contract. In a sign of discontent, Yahoo shares sagged after the numbers came out, deepening a steep drop in Yahoo's market value that has been driven during the past two months by uncertainty over a key investment in Chinese Internet company Alibaba Group.
BUSINESS
May 11, 2008
I am not defending Jerry Yang in his recent debacle, but what is so disturbing is the trend over the last two decades of the cart leading the horse. ("Yahoo's Yang in hot water," May 7.) Many companies like Yahoo are built by entrepreneurs who use their skills and passion to create a great product. They eventually sell out for the big bucks only to realize later that their vision is no longer part of the picture. The company is now being challenged by individuals who have no passion or concern for the product, but rather a greedy desire to cash in, even if it means diluting the vision.
BUSINESS
June 4, 2008 | From the Associated Press
Outraged by new details about Yahoo Inc.'s efforts to complicate Microsoft Corp.'s takeover bid, activist investor Carl Icahn says he believes Yahoo's board will have to be fired to lure Microsoft back to the bargaining table. Icahn said in a Tuesday interview with the Wall Street Journal that Microsoft was unlikely to renew its courtship as long as Yahoo Chief Executive Jerry Yang and the company's eight other directors remain on the job. "I'm very cynical about many of the boards and CEOs in this country, but even I am amazed at the lengths that Jerry Yang and the board went to entrench themselves in this situation," Icahn told the Journal.
BUSINESS
January 18, 2012 | By Jessica Guynn, Los Angeles Times
Ending an era for one of the Internet's pioneers, Yahoo co-founder Jerry Yang has stepped down from the struggling company's board. He also relinquished posts on the boards of Yahoo Japan Corp. and Alibaba Group Holding Ltd., according to a statement from the Sunnyvale, Calif., company. His surprise departure came two weeks after Yahoo hired a new chief executive, Scott Thompson, the former president of EBay Inc.'s PayPal unit. Thompson is charged with helping Yahoo catch up to Google and Facebook, which have outpaced Yahoo in the fight for Web traffic and ad dollars.
BUSINESS
September 8, 2011 | Jessica Guynn and Dawn C. Chmielewski, Los Angeles Times
Yahoo is once again Silicon Valley's favorite punch line. Hearing the news that the struggling Internet company had fired Carol Bartz, comedian Andy Borowitz joked on Twitter: "The CEO of Yahoo just resigned. I had never heard of her so I Googled her. " But few investors are laughing about the straits in which the once-influential Internet company finds itself. Firing Bartz without naming a permanent successor signaled that the board may be seriously weighing selling all or parts of the company.
BUSINESS
July 19, 2011 | From Reuters
Yahoo Inc. plodded through another disappointing performance in the second quarter, a familiar script that's wearing thin with exasperated investors. The results released Tuesday are likely to intensify the pressure that had already been mounting on Yahoo CEO Carol Bartz as she enters the final 17 months of her four-year contract. In a sign of discontent, Yahoo shares sagged after the numbers came out, deepening a steep drop in Yahoo's market value that has been driven during the past two months by uncertainty over a key investment in Chinese Internet company Alibaba Group.
BUSINESS
April 15, 2009 | Bloomberg News
Internet giant Yahoo Inc. is planning a new round of job cuts that could affect several hundred employees, according to a person with knowledge of the matter. The reduction could be announced within a few weeks, according to the person, who declined to be identified. A spokesman for Yahoo declined to comment. The cuts would be the first under Carol Bartz, who became chief executive in January. The last round, affecting about 1,600 workers, came at the end of 2008.
CALIFORNIA | LOCAL
February 10, 2009 | Thomas H. Maugh II
Xiangzhong "Jerry" Yang, who was born in poverty to a family of pig farmers in rural China but escaped to become a leading researcher in cloning technology, cloning the first farm animal in the U.S. and demonstrating the viability of such animals, died Thursday at Brigham and Women's Hospital in Boston after a long battle with cancer of the saliva gland. He was 49. Yang worked tirelessly to promote cooperation between U.S.
BUSINESS
June 4, 2008 | From the Associated Press
Outraged by new details about Yahoo Inc.'s efforts to complicate Microsoft Corp.'s takeover bid, activist investor Carl Icahn says he believes Yahoo's board will have to be fired to lure Microsoft back to the bargaining table. Icahn said in a Tuesday interview with the Wall Street Journal that Microsoft was unlikely to renew its courtship as long as Yahoo Chief Executive Jerry Yang and the company's eight other directors remain on the job. "I'm very cynical about many of the boards and CEOs in this country, but even I am amazed at the lengths that Jerry Yang and the board went to entrench themselves in this situation," Icahn told the Journal.
BUSINESS
April 15, 2009 | Bloomberg News
Internet giant Yahoo Inc. is planning a new round of job cuts that could affect several hundred employees, according to a person with knowledge of the matter. The reduction could be announced within a few weeks, according to the person, who declined to be identified. A spokesman for Yahoo declined to comment. The cuts would be the first under Carol Bartz, who became chief executive in January. The last round, affecting about 1,600 workers, came at the end of 2008.
BUSINESS
February 7, 2012 | By Nathan Olivarez-Giles
Yahoo will forge its future without Chairman Roy Bostock and three other board members, the struggling Internet company said. Bostock announced the departures Tuesday in a letter to shareholders, describing the moves as part of Yahoo's turnaround efforts. "The board has concluded that in order to accelerate the Company's transformation, the combination of a new Chief Executive Officer with an enhanced team of independent directors would provide Yahoo with the expertise and perspectives necessary to drive innovation and growth going forward," Bostock said in the letter.
BUSINESS
May 11, 2008
I am not defending Jerry Yang in his recent debacle, but what is so disturbing is the trend over the last two decades of the cart leading the horse. ("Yahoo's Yang in hot water," May 7.) Many companies like Yahoo are built by entrepreneurs who use their skills and passion to create a great product. They eventually sell out for the big bucks only to realize later that their vision is no longer part of the picture. The company is now being challenged by individuals who have no passion or concern for the product, but rather a greedy desire to cash in, even if it means diluting the vision.
BUSINESS
February 7, 2008 | Jessica Guynn, Times Staff Writer
Yahoo Inc.'s negotiations with Google Inc. have intensified as Yahoo Chief Executive Jerry Yang races to find alternatives to Microsoft Corp.'s unsolicited $44.6-billion takeover offer, a person familiar with the matter said Wednesday. Yang told Yahoo employees in an e-mail that the board of directors was evaluating "a wide range of potential strategic alternatives" and had "made no decisions" about the Microsoft bid, according to a filing with the Securities and Exchange Commission.
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