Word: yahoo
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HOLLYWOOD AND SILICON VALLEY were shocked when Terry Semel became CEO of Internet portal Yahoo! in 2001. But the ex-Warner Bros. chief has led the company out of dotcom-bubble troubles to a new era of record profits. He has also done well personally, making a profit of more than $250 million on stock-option sales, according to analysis firm Thomson Financial. Semel talked to TIME's Jeffrey Ressner about technology, Tinseltown and the competition...
...very much miss the creative process. But I ultimately decided I'd like to spend more of my time as a businessperson. At Yahoo!, I do both...
...site and himself fiscally afloat. Since then, residents of 49 states (South Dakota is the holdout) and 10 foreign countries have donated $3 million to fund 6,000 projects. The charity garnered a Tech Museum laureate for innovations in e-procurement and has won over corporate sponsors such as Yahoo, Lehman Bros. and Bank of America...
...click the AutoLink button on the toolbar each time they want to activate the new links, "it is a user-elected feature," says Marissa Mayer, Google's director of consumer Web products. Mayer says the company plans to give users more say. The map feature allows people to select Yahoo or MapQuest, though Google Maps is the default setting...
...They have to figure out what they want to do,” Abrams says. “If they go the route with venture capital it’s gonna be like the Google guys and the Yahoo guys. The VCs are gonna hire somebody [who], you know, instead of 20 is probably [going to be] like 50 [years old] to come in and run the company. That’s not necessarily a bad thing. I bet Dave and Jerry at Yahoo are probably pretty appreciative of all the work Tim Koogle did and made them billionaires...