Wow. Terry Semel is stepping down as CEO of Yahoo!:
Yahoo!, the world’s second-largest search engine firm, announced Monday that Terry Semel would no longer be the company’s chief executive officer. He is being replaced by Yahoo co-founder Jerry Yang.
I’ll have to ponder on the implications for a while..
Later: Hmm, Jerry Yang seems to be saying that he plans on being a regular CEO, not an interim CEO. More and more interesting. Jeremy, c’mon, give us your take..