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Last month, Jerry Yang left the board of Yahoo, a multibillion-dollar company that he and buddy David Filo started in 1994 — long before “dotcom” or “Google” were words — as just a Web page with links to other Web pages. Yang’s exit doesn’t mark the end of Yahoo, but it’s another sign of rough times. He was pushed out as CEO back in 2009 and replaced by Carol Bartz, who was fired in September — both due to so-so financial performance.
With so many people searching on Google and socializing on Facebook, does anyone really need Yahoo anymore?
Actually, Yahoo’s a lot bigger and more important in people’s lives than the business journalists would have you think. If it were to go away some day, there would be many things to miss. Here are five of them. More...
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