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	<title>Tim Brocklehurst &#187; Internet Industry</title>
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	<description>Advice and help on various areas of Internet Business</description>
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		<itunes:summary>Regular updates with advice and help on various areas of Internet Marketing</itunes:summary>
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		<title>Exodus at Yahoo!</title>
		<link>http://www.timbrocklehurst.com/current/icahn-cant</link>
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		<pubDate>Thu, 19 Jun 2008 09:05:25 +0000</pubDate>
		<dc:creator>tim</dc:creator>
				<category><![CDATA[Current]]></category>
		<category><![CDATA[Caterina Fake]]></category>
		<category><![CDATA[Google]]></category>
		<category><![CDATA[Icahn]]></category>
		<category><![CDATA[Internet Industry]]></category>
		<category><![CDATA[Jeff Weinder]]></category>
		<category><![CDATA[Jeremy Zawodny]]></category>
		<category><![CDATA[microsoft]]></category>
		<category><![CDATA[resignation]]></category>
		<category><![CDATA[Stewart Butterfield]]></category>
		<category><![CDATA[Usama Fayyad]]></category>
		<category><![CDATA[Yahoo!]]></category>

		<guid isPermaLink="false">http://www.timbrocklehurst.com/?p=180</guid>
		<description><![CDATA[The recent exodus of senior Yahoo! staff has given rise to an interesting blogging exchange. With so many leaving at such a time, we are bound to wonder whether its because they&#8217;ve been poached by Microsoft, or Google, or perhaps a secret start-up which Microsoft OR Google can buy later&#8230; or whether its simply because [...]]]></description>
			<content:encoded><![CDATA[<p>The recent exodus of senior Yahoo! staff has given rise to an interesting blogging exchange. With so many leaving at such a time, we are bound to wonder whether its because they&#8217;ve been poached by Microsoft, or Google, or perhaps a secret start-up which Microsoft OR Google can buy later&#8230; or whether its simply because Jerry Yang is under pressure to cut costs in order to satisfy the &#8220;lack of shareholder value&#8221; argument put forward by Carl Icahn.</p>
<p>Reading between the lines, I suspect Icahn has little to do with it, and it is more a case of the Internet protecting its precious own. Only a couple of days ago it was announced that Google were in high-end talks with Yahoo about matters beyond the current advertisement-sharing model. Unlikely to be a all-out takeover, analysts have predicted a rescue package which will start slowly and gather pace for mutual advantage.</p>
<p>Meanwhile, Yahoo&#8217;s shareprice has plummeted while Microsoft remain aloof and disinterested about their previous takeover bid.</p>
<p>Yahoo!&#8217;s recent departees have included Stewart Butterfield and <a href="http://www.caterina.net/" target="_blank">Caterina Fake</a> (co-founders of Flickr), <a href="http://news.cnet.com/8301-10784_3-9965761-7.html" target="_blank">Jeff Weiner</a>, <a href="http://www.techcrunch.com/2008/06/12/yahoo-losing-two-more/" target="_blank">Usama Fayyad</a>, <a href="http://jeremy.zawodny.com/blog/archives/010336.html" target="_blank">Jeremy Zawodny</a> and <a href="http://blog.unitedheroes.net/archives/p/2929/leaving-las-sunnyvale/" target="_blank">JR Conlin</a>.</p>
<p>Each of them are giving no solid reasons for their departure, in fact <a href="http://valleywag.com/5017424/stewart-butterfields-bizarre-resignation-letter-to-yahoo" target="_blank">Stewart Butterfield&#8217;s strange resignation</a> letter only adds further intrigue to the riddle.</p>
<p>Watch this space&#8230; and listen out in a couple of weeks for an announcement of what they&#8217;re all up to.</p>
<p>The plot thickens. Do contribute with a comment if you know more&#8230;</p>
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