In a memo to Yahoo employees, co-founder and CEO Jerry Yang asked his troops to redouble their efforts and to focus on executing what he called the most important transition in the company's history. It was the expected post-game motivational speech after declining to take Microsoft $33 per share offer.
On Monday Yang, will face some irate investors and employees. The stock is expected to head south at the market open. He will need to provide more evidence than slideware about doubling operating cash flow in three years that Yahoo has a plan to grow revenue and profits ahead … Read more