Published on Jan 17, 2012 by Euronews
http://www.euronews.net/ The co-founder of Yahoo, Jerry Yang, has quit the board of the Internet company he set up in 1995 .
The move is seen as a bid to appease shareholders.
His resignation comes after the company hired former PayPal executive Scott Thomson to be its new CEO.
Yang was criticised for turning down a 37-billion-euro takeover offer from Microsoft in 2008.
The move is seen as a bid to appease shareholders.
His resignation comes after the company hired former PayPal executive Scott Thomson to be its new CEO.
Yang was criticised for turning down a 37-billion-euro takeover offer from Microsoft in 2008.
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