Yahoo CEO Yang: Negotiating With Shareholders Is 'Fun'
The New York Times, Reuters
Microsoft is the company that has ruled out a merger for now, not Yahoo, according to Yahoo CEO Jerry Yang, who spoke on Wednesday as The Wall Street Journal?s "D: All Things Digital" conference in Carlsbad, Calif.Since full-blown acquisition talks were called off earlier this month, the two companies have been discussing a new deal involving Yahoo's search-advertising business. At the same time, investor Carl Icahn is leading shareholders against Yahoo's current board; at one point, Yang called those negotiations "fun."
Joining Yang at the conference was Yahoo president Susan Decker. Both acknowledged getting too close to the company's products and too far from its customers. Their plans call for a more narrowly focused Web services firm that's banking on Internet display advertising, as well as becoming the launching pad for travels in cyberspace for hundreds of millions of Web surfers.The New York Times, Reuters
5 Top Federal Initiatives For 2015As InformationWeek Government readers were busy firming up their fiscal year 2015 budgets, we asked them to rate more than 30 IT initiatives in terms of importance and current leadership focus. No surprise, among more than 30 options, security is No. 1. After that, things get less predictable.
Top IT Trends to Watch in Financial ServicesIT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
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