Jerry Yang
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Lenovo is the new king of the PC and tablet hill
Did you know that Lenovo had planned to become the world's biggest PC and tablet maker by the end of 2016? It turns out that the company's achievement was even greater than its ambition, since the milestone has been reached six financial quarters early. In Lenovo's latest earnings release, the company trumps its new status as king of the PC (and tablet) world, having made a healthy $262 million net profit for the three months between July and September. Some of the highlights include a big upswing in tablet and smartphone sales, as well as a big boost from the enterprise businesses its keeps buying from IBM. At the same time, Lenovo has decided to add Yahoo co-founder (and current Alibaba board member) Jerry Yang to its board, because that's the sort of thing a company does when it's making serious bank.
Yahoo's Jerry Yang quits the company he co-founded, walks away from Alibaba as well
The long, drawn-out, oftentimes melodramatic saga revolving around Yahoo itself and co-founder Jerry Yang is well-documented. Perhaps too well. Thankfully for us all, that ends today. As of January 17th, he has resigned from Yahoo's Board of Directors and all other positions with the company, and moreover, has resigned from the Boards of Yahoo Japan Corporation and Alibaba Group Holding Limited. We most recently heard from Yang during his interview at AsiaD, where he sounded none too pleased about the going-ons there. We aren't about to draw links of Yang's exit to the hiring of Scott Thompson as CEO (in fact, Yang praises him in his exit blurb), but we are drawing links to his sudden purchase of a yacht, a new sauna and a round-the-round journey courtesy of Abercrombie & Kent. Kidding. In all seriousness, it's no surprise to see Yahoo's stock rallying, as many felt that Yang was the major roadblock holding up an outright sale or other significant shake-up within its ranks. As for Jerry? He's off to "pursue other interests" -- but we didn't need to tell you that, now did we?
Yahoo! officially spurns Microsoft's advances
Just in case you misunderstood the news from Yahoo!, they don't want Microsoft's money, help, time, or friendship. Officially. In a somewhat related story, Jerry Yang says he's also not interested in a week-long round of brunching with Steve Ballmer. No word yet on whether he's game for a dinner date and coffee with Sergey Brin.
Steve Jobs shows up at a Yahoo! meeting
Yahoo! CEO Jerry Yang invited Steve Jobs (whom Kara Swisher calls "...Silicon Valley's equivalent of Oprah") to make a surprise appearance at a meeting of top executives last week. Yang called Jobs "...one of his heroes," and Steve told the group that Yahoo! has the assets, they just need to focus on execution. Steve as motivational speaker? We hadn't considered that before. Let's hope he warned them about living in a van down by the river.[Via MacNN]
