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Jerry Yang, the CEO of Yahoo Inc, will step down

Jerry Yang, the chief executive of Yahoo Inc, will step down from his role as soon as the board finds a replacement for the Internet company

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Jerry Yang, the chief executive of Yahoo Inc, will step down from his role as soon as the board finds a replacement for the Internet company, Yahoo said on Tuesday.

He presided over a really rocky phase at Yahoo when Microsoft sought to buy the company over. Yang's refusal had gone down badly with many people, including shareholders. It was a matter of time before Yang was replaced.
—Ketaki Shah

Yang was one of the founders of Yahoo and had a big role in the development of the Internet company. But the best of minds can lose their grip over reality and the plunging value of Yahoo's stocks showed that.
—N Ramanath

Speaking at the Indian Summit of the World Economic Forum yesterday, FM Chidambaram said India would record a satisfactory growth this fiscal. He also asked auto firms and airlines to cut prices.

Our industrialists and airline tycoons have been crying themselves hoarse about the downswing and how it is impacting them. But none of them is willing to reduce prices to attract more consumers. Lower prices would help uss snap out of the vicious circle.
—Budhhadeb Gupta

Consumers have been dealing with price rise for a long time now and from vegetables to groceries to automobiles everything costs a bomb. It is time that entrepreneurs gave us a break and slashed their profit margins.
—Seema Singh

Australian pace spearhead Brett Lee has finally admitted that the bitter separation from his wife and the ensuing custody battle for his son did take a toll on his on-field performance in the lost Test series against India.

I can sympathise with Lee, physical fitness alone cannot see you through a game. You also need emotional stability. Personal problems can bog us down like nothing else can. I like Lee and hope that he recovers soon from his trauma.
—Preet David

Sportsmen cannot allow private preoccupations to come in the way of their performance. Lee had already been given time off by his team to deal with his personal problems. Let us see how he fares in the future.
—Rimi Kumar
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