news bulletin – answers

Yahoo CEO to resign

questions

1. When did Yahoo make the announcement? late on Monday
2. When did Yahoo shares go up? in late trading
3. What will Jerry Yang do after stepping down? return to his former role
4. What was he blamed for? Microsoft walking away from a deal to buy Yahoo
5. How much did Microsoft offer? $47.5 billion
6. When was the buyout bid made? May 2008
7. What did Google do? abandoned a search advertising partnership
8. What other deal didn’t go ahead? one with AOL
9. What did Yang face? a growing chorus (from investors and analysts)
10. What happened to Yahoo’s shares? they nose-dived (fell rapidly)