Yahoo! over the past few years continued in the storm, even to this day has not stopped.
When Jerry Yang, Yahoo's founder resigned a few weeks ago, many observers speculated; when others will join the board of directors to resign? Now, Yahoo's board of directors re-rocked, as co-Chairman Roy Bostock to resign.
Statement in the letter, Bostock and three other directors, voluntarily not run for re-election in the ranks of the board of directors. Yahoo-party state that some members of the board of directors such as Bostock, Vyomesh Joshi, Arthur Kern and Gary Wilson will not participate in the re-election.
In a letter to shareholders as well, Bostock said the Yahoo! also recently inaugurated two new independent directors, namely Alfred Amoroso and Maynard Webb Jr. was elected to the council, who went on a quest for more independent board members.
Amoroso is the former CEO of Rovi Corp., while Webb is a former CEO of LiveOps. Why are these board members to resign? Though Yahoo! has just replacing their CEO.
Some time ago Yahoo announced that Scott Thompson, PayPal President, will be their new CEO. The new positions were filled by Thompson is replacing the position formerly filled by Carol Bartz. The position of CEO while Yahoo! is currently filled Tim Morse would soon be emptied. After that Morse would be back at the previous position of the Chief Financial Officer.
Before being appointed, Thompson served as President, Payment Division, eBay since 2008. The resignation of Jerry Yang of Yahoo's board of directors is not limited to that alone, he also resigned from the board of directors of Yahoo! Japan Corporation. "It's time for me to look for other interests outside of Yahoo! As I left the company I founded 17 years ago," Yang wrote to the Yahoo Board of Directors Chairman, Roy Bostock.
"I am very interested in the appointment of Scott Thompson as its new chief executive ability he has, along with the entire team Yahoo! hopefully they have a successful future," he added.
Who founded Yahoo! Inc. in 1995 along with David Filo, and a member of the board of directors since March 1995, and he became CEO in 2007 until January 2009.
Indeed, Yang resignation could trigger a positive response in the stock market. But it does not last long. Responding to the news, the stock market responded by raising Yahoo! by 5 percent, was down for a moment and back up 3.5 percent.
Not finished shaking problem on the board of directors, the issue of acquisition of Yahoo! was still rolling, the following is not a good idea of their position in the competitive world of the internet is hard.
Reported that many private companies who are interested to buy 20 percent stake. Then in November last year Yahoo! has agreed to get Microsoft to be able to access their company's financial information, which may be a sign of the initial purchase of Yahoo! by Microsoft.
Then for the internet search engine competition, achievement Yahoo! also continued to sag. Yahoo! search engine currently ranks second behind Google. While still far less to traffic from Google and Facebook.
Microsoft's Internet search engine, namely Bing, for the first time managed to overtake Yahoo! as a search engine second only to Google. The researchers found that Bing position rose in December to 15.1% figure, because the marketshare position in the search engine Yahoo! was also down approximately 0.6%.
It is for the team to celebrate Bing search engine which is only three years old. Last year alone marketshare Bing was approximately 12%, compared with 16% of Yahoo!.
This amount is also a sign of the decline in Yahoo!. Yahoo! who used to be number one, the position taken by Google in 2000. In a short time Google went straight to master the terrain.