Welcome!

@CloudExpo Authors: Liz McMillan, Yeshim Deniz, Zakia Bouachraoui, Pat Romanski, Elizabeth White

Related Topics: Cognitive Computing , Mobile IoT, Microsoft Cloud, Agile Computing

Cognitive Computing : Blog Post

Is Jerry Yang the Dumbest CEO in Silicon Valley?

He blew the Microsoft deal even with Icahn's help and in my Wikipedia, this man is the dictionary definition of an idiot

Please read the news story below filed today by my colleague Maureen O'Gara and think about the once-in-a-life-time lottery ticket this man had last February with Microsoft's acquisition offer, and then again through Carl Icahn's unasked-for help.

He blew it and in my Wikipedia, this man is the dictionary definition of an IDIOT!

This is what this man (this one) deserves. First Icahn should beat him up, literally, He looks like a man who can really beat the s..t out of stupid CEOs. Then the stock holders should sue him for unacceptable stupidity and the judge should ship him to the same vacation paradise where CA's two founders are resting for a while.


After reading Maureen's story, I looked at the Yahoo stock price on my iPhone and remembered his negotiations with Microsoft only this past February

Here is today's O'Gara story on Yahoo's Q3 results:

"Yahoo's net profits were down 64% in Q3 to $54.3 million, four cents a share. This time last year it realized $151.3 million, 11 cents a share.

Revenues were up 1.1% to $1.79 billion, excluding TAC it was $1.325 billion, short of the $1.37 Wall Street estimated. US sales were up 7% and international down 12%.

It says it's going to lay off at least 10% of its people, roughly 1,500 souls, in the next few weeks.

Of course it said that in January but the number on its employee roster didn't stay down and there are those who think 1,500 this time through isn't enough.

Longer-term Yahoo's talking about consolidating facilities, improving procurement and standardizing its global technology platforms,

It wants to cut $400 million in costs before the end of the year.

Yahoo CEO Jerry Yang thinks the layoffs are going to make the company more nimble and flexible.

It's forecasting Q4 gross revenues of $1.77 billion-$1.97 billion, only a 2% gain down from the mid-teens. That means it would seen revenues for the whole year somewhere between $7.18 billion and $7.38 billion where it had been forecasting $7.35 billion to $7.85 billion three months ago.

It confessed its "disappointed" and blamed the economy and softening advertising demand.

Internet display advertising is down and Yahoo doesn't seem to know how to make money from displays ads.

In this respect it's still hoping Google will come to its rescue provided it can get over the Justice Department hump.

Stockholders may cite different reasons."

More Stories By Fuat Kircaali

Fuat Kircaali is the founder and chairman of SYS-CON Media, CloudEXPO, Inc. and DXWorldEXPO, Inc.

Kircaali came to the United States from Zurich University, Switzerland in 1984 while studying for his PhD, to design computer systems for SH-2G submarine hunter helicopters for the U.S. Navy. He later worked at IBM's IS&CG Headquarters as a market research analyst under Mike Armstrong's leadership, an IBM executive who later ran IBM Europe and AT&T; and Fuat was the Director of Information Systems for UWCC, reporting to CEO Steve Silk (later Hebrew National CEO), one of the top marketing geniuses of the past two decades.

Kircaali founded SYS-CON Media in 1994, a privately held tech media company with sales exceeding $200 million. SYS-CON Media was listed three years in a row by Inc 500 and Deloitte and Touche among the fastest-growing private companies in America. Kircaali launched DXWorldEXPO LLC, a Lighthouse Point, FL-based "digital transformation" events company in March 2017.

Fuat completed Bogazici University (ranked among the top 100 universities in the world) Business Administration program in 1982 with a Bachelor's Degree in Istanbul, Turkey. He was one of 50 students accepted to the program out of over 1 million high school graduates.

http://twitter.com/fuatkircaali

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


CloudEXPO Stories
There's no doubt that blockchain technology is a powerful tool for the enterprise, but bringing it mainstream has not been without challenges. As VP of Technology at 8base, Andrei is working to make developing a blockchain application accessible to anyone. With better tools, entrepreneurs and developers can work together to quickly and effectively launch applications that integrate smart contracts and blockchain technology. This will ultimately accelerate blockchain adoption on a global scale.
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also received the prestigious Outstanding Technical Achievement Award three times - an accomplishment befitting only the most innovative thinkers. Shankar Kalyana is among the most respected strategists in the global technology industry. As CTO, with over 32 years of IT experience, Mr. Kalyana has architected, designed, developed, and implemented custom and packaged software solutions across a vast spectrum o...
When building large, cloud-based applications that operate at a high scale, it’s important to maintain a high availability and resilience to failures. In order to do that, you must be tolerant of failures, even in light of failures in other areas of your application. “Fly two mistakes high” is an old adage in the radio control airplane hobby. It means, fly high enough so that if you make a mistake, you can continue flying with room to still make mistakes. In his session at 18th Cloud Expo, Lee Atchison, Principal Cloud Architect and Advocate at New Relic, will discuss how this same philosophy can be applied to highly scaled applications, and can dramatically increase your resilience to failure.
SAP is the world leader in enterprise applications in terms of software and software-related service revenue. Based on market capitalization, we are the world's third largest independent software manufacturer. Harness the power of your data and accelerate trusted outcome-driven innovation by developing intelligent and live solutions for real-time decisions and actions on a single data copy. Support next-generation transactional and analytical processing with a broad set of advanced analytics - run securely across hybrid and multicloud environments.
Founded in 2002 and headquartered in Chicago, Nexum® takes a comprehensive approach to security. Nexum approaches business with one simple statement: “Do what’s right for the customer and success will follow.” Nexum helps you mitigate risks, protect your data, increase business continuity and meet your unique business objectives by: Detecting and preventing network threats, intrusions and disruptions Equipping you with the information, tools, training and resources you need to effectively manage IT risk Nexum, Latin for an arrangement by which one pledged one’s very liberty as security, Nexum is committed to ensuring your security. At Nexum, We Mean Security®.