That’s somewhat ironic, because you have to figure Yahoo shareholders are feeling pretty frosty toward Yahoo’s management now that its stock price is wallowing around $13 , near five-year lows, amid a weakening display advertising outlook.
The Google-Yahoo deal is coming under more fire – this time from advertisers.
The Association of National Advertisers has sent a letter to U.S. regulators objecting to the proposed Internet search advertising partnership between Yahoo and Google, supplying critics with even more fodder to shoot down the deal.
A cursory viewing of “Mamma Mia!” or “Xanadu” is enough to teach anyone that you really can dance your troubles away. Yahoo employees apparently have discovered this too, and engaged Matt Harding to show them how to shuffle off the blues with the old soft-shoe.
Not yet, but one of Yahoo Inc’s largest and most critical shareholders, Capital Research Global Investors, has asked for a probe of last week’s shareholder vote, which was widely seen as a pat on the back for Chief Executive Jerry Yang.