[July,31] What's in Store at Yahoo's Annual Meeting

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If you thought the days before Yahoo Inc.'s annual meeting on Friday were going to be relatively uneventful, think again.

In the past week or so, billionaire investor T. Boone Pickens sold his 10 million shares in Yahoo -- losing money in the process -- and lit into the company's management for not agreeing to be acquired by Microsoft Corp., according to a report in the San Francisco Chronicle.

Then reports surfaced indicating that Jonathan Miller, former CEO of AOL LLC, was in line for a seat on the Yahoo board of directors and could be named as the company's next CEO, leaving co-founder Jerry Yang to return to his pre-CEO role as Chief Yahoo. Yang took over from former CEO Terry Semel at the company's contentious shareholders meeting last year.

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Source :

PC World - Business Center: What's in Store at Yahoo's Annual Meeting