Posts Tagged ‘

terry semel

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News Corp explores MySpace-Yahoo swap

Posted by Gwen Robinson on Jun 20 05:45. Comment.

News Corporation has discussed swapping MySpace, its internet social networking unit, with Yahoo! in return for a 25 per cent stake in the enlarged group, reports The Times. The discussions remain tentative and could collapse after the departure of Terry Semel as Yahoo’s chief executive and his replacement by Jerry Yang this week. More…

Yahoo’s Semel tells the FT he jumped

Posted by Gwen Robinson on Jun 19 05:48. Comment.

Terry Semel stepped down on Monday as chief executive of Yahoo following months of criticism over the internet group’s failure to match the financial performance of its Silicon Valley rival Google. Mr Semel, More…