Friday, June 20, 2008

"Yahoo!" turning into "Yahoo?"

There have been numerous reports over the past few days about executives in Yahoo! resigning and moving to new companies and the possibility of lawsuits from upsed shareholders, after the Microsoft deal fell through, and Yahoo! ended up going with Google. It may be that these events, the resignations and the lawsuits, go hand in hand, as the execs are trying to get out before the ship sinks.

TechCrunch has published a list of executives who have resigned, but before clicking on the link make sure you have a fresh cup of coffee as the >list is long. About 50 executives have quit Yahoo since January last year, more than 10 in the last 2 months. Even though the current deal with Google is more profitable than the offer made by Microsoft, many investors were disappointed with the decision.

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