Chief Executive Officer
Alibaba closed the repurchase of half of Yahoo’s interest in their business this week, in a deal worth $7.6 billion. Yahoo CEO Marissa Mayer announced a $3.65 billion payout for investors, with the remainder to be used for future growth.
Jerry Yang is leaving Yahoo, the company he co-founded with David Filo in 1995. Yang's resignation from the Yahoo board of directors and all other positions with the company, effective today, was announced via a press release minutes ago.
Google’s Eric Schmidt was looking at expanding his career horizons before it was announced he will step down as chief executive officer ... read more
Outgoing Chief Executive Officer Eric Schmidt will receive a $100 million equity award from Google, the company has confirmed. The award “includes ... read more
Wall Street rewards the unexpected. AOL posted its first quarterly earnings since being spun-off from Time Warner late last year. Total revenue ... read more
In preparation for being spun off from Time Warner, AOL has hired executives to their financial team and announced one additional board ... read more