Yahoo! CEO Semel Gone…
Posted on June 19th, 2007 by Simon ChenIt’s official. And certainly no surprise.
The Yahoo! spin machine hasn’t got a lot to work with. My take is that investors wanted someone to take accountability for the lack of progress, the languid share price and the inability to keep pace with Google. Semel stepped up to the plate so to speak.
It will be interesting to see the direction and strategy of the number 2 search player now that co-founder Jerry Yang is the head honcho.
All is not well at Yahoo! They cant keep pushing the “oh its ok now, Panama is launched and the numbers are due to climb back quickly”. The gap between Google and Yahoo! continues to widen, across a wide range of areas.
Do you think Yahoo! has still got what it takes to beat Google at its own game?
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