If you haven't been following the latest on the Yahoo front, the company's stock price has plummeted (it's at $21.61 right now, way down from its $29 share price back in February); executives are getting out of town as quickly as possible as a reorganization gets underway; Carl Icahn is exerting unbelievable pressure on Yang; and shareholder confidence in Yahoo is dropping by the minute.
All the while, Yang has tried to save what's left of his bleeding company, but to no avail. Unless something major happens soon, Yahoo will be far beyond the point of saving and although the very thought of selling the company to Microsoft runs against Yang's own principles, what other option does he have?
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