VistaCrew

It’s been long since the last updates from me… Been quite busy on courseworks also post-FYP relaxation… LOL! Anyway, here’s some updates on the latest tech news… As we knew, the current global economy is going downwards… Many companies are going to suffer… Retrenchments in action everywhere now… I’m not sure if I was “lucky” to be graduated under such market conditions… But it’s a fact that it will be though for many for the following time to come.

So… many big guys (multi-national companies) are laying off employees… It seems that the technology world is going to be the same… just like Yahoo!… Lots of people left the company since the falldown of its proposed acquisition from Microsoft. Jerry Yang, Co-Founder and current C.E.O of Yahoo! is in the midst of a storm of the company’s situation and it seems he’s surrendering.

From my point of view, Yahoo! is an innovative company as they offer lots of integrted, value added services to web users. But what’s went wrong with the company? A simple answer is… It is less competitive compared to Google. Their share price drops because they cannot compete. It’s a realistic fact that they earned lesser than its rival and shareholders are unhappy. Now, with the global economic downturn, it worsen the condition. I think Jerry Yang was stepping down as for the company’s good since he can’t do anything for now.

Yahoo! needs a savior. Anyway, it would still be a good thing for Jerry Yang as he still remains as Chief Yahoo! and would continue to monitor his baby, letting a more capable man to drive it despite making it worse. Hopes Yahoo! could overcome and continues to savage the Web.