November 17, 2008: Jerry Yang Steps down as Yahoo! CEO
2008 – After battle upon battle between Microsoft, Google and shareholders (including Carl Icahn), Jerry Yang finally announced to all he was stepping down as CEO of Yahoo! The previous days, Steve Ballmer said they are not going forward with any future purchase of Yahoo! Because of this, stock hit it’s lowest share price, $8. That, the failed Google affiliation (due to antitrust issues), and a very despondent group of investors, Jerry felt it best to step back in his roll.
This Day in Tech History podcast show notes for November 17
- USB 3.0 Specification is released
- Apple vs. Carl Sagan
- Veronica is released