Executive chair back at Yahoo

 Yahoo has been lagging behind Google for some time, and a new boss is now set to change that. Co-founder Jerry Yang is taking over from Terry Semel. Jerry Yang founded Yahoo together with David Filo in 1994. For years, Yahoo was the leading search engine on the Internet, but then Google came, saw and won. For the shareholders, CEO Terry Semel acted wrongly and they accused him of not having found a recipe against Google. As the news agency SDA writes in a report, Google has a market share of 49.7 percent of Internet search queries in the USA, with Yahoo trailing in second place with 26.8 percent. Even if it is a huge challenge, he is ready, announced the new boss Yang. Yang has always played a key role in the company since its foundation. In his opinion, there are no plans to sell Yahoo.