Posted AT 8:43 AM EST on 23/07/08
Yahoo CEO remains upbeat
SAN FRANCISCO — With Microsoft's $47.5-billion (U.S.) takeover bid off the table and his company's stock price down 20 per cent during his 13-month reign as Yahoo's CEO, Jerry Yang has a message for his exasperated shareholders: Things aren't as bleak as they look.
“This company is doing just fine in a tough economy and a tough environment,” Yang told The Associated Press in an interview late Tuesday.
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