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Yahoo! has announced that Jerry Yang will step down as CEO once his replacement has been found. Yang will remain on board as Chief Yahoo!
Yang became CEO in June 2007 at the request of the Board of Directors. Board Chairman Roy Bostock will lead the search for a new CEO. Here’s his official corporate-speak on the matter:
“Over the past year and a half, despite extraordinary challenges and distractions, Jerry Yang has led the repositioning of Yahoo! on an open platform model as well as the improved alignment of costs and revenues. Jerry and the Board have had an ongoing dialogue about succession timing, and we all agree that now is the right time to make the transition to a new CEO who can take the company to the next level. We are deeply grateful to Jerry for his many contributions as CEO over the past 18 months, and we are pleased that he plans to stay actively involved at Yahoo! as a key executive and member of the Board.”
The New York Times has a great article about using the internet for information on medical conditions, including how search is involved in the process. As you know, results can change just by adding a keyword to the phrase you’re already searching for.
Search for a condition and add the word community, for example, and you suddenly have access to patients dealing with the same issues, according to Susannah Fox of the Pew Internet and American Life Project.
I can personally attest to the power of the internet, especially the ability to communicate and share experiences with other patients. When I was diagnosed with Thyroid Cancer in 2003, the internet became the authority on my care. Because the cancer affects so few people, doctors with little experience in seeing patients with thyroid cancer can be misinformed on how to treat it.
Thankfully, I found an online community that helped me through every step of the process. I was able to find doctors that knew thyroid cancer and could adequately treat me. My experience greatly improved as the result of “meeting” other patients. (I did, also, eventually meet several in person as well.)
As much as social networking can sometimes get a bad rap for being an untamed jungle of wild party pictures and obscene comments, we can’t forget the power of online communities and their role in so many important aspects of daily life. From jobs to cancer treatment, social networking is impacting lives. And that’s something to feel good about - and get involved in.
Is your company there yet? Share your thoughts in the comments.
Related Reading:
Microsoft Secures Search Ad Partnership with Rodale’s Health Sites
Yahoo Says Searchers are Better Patients
Net Attracts Health-Seeking Surfers
Majority of Online Health-Related Queries Start on Search Engines
If you are like me, then you are a master of just-in-time planning. While Search Engine Strategies Chicago 2008 won’t be held until December 8-12, if you register by tomorrow – Friday, Sept. 26 – you can take advantage of the “recession special” and save up to $600.
So, if you were already planning to attend, register now and save some dough. If you haven’t made up your mind yet, look over the conference agenda below pronto.
SES Chicago is the only major search engine marketing conference and expo in the Midwest. And, with more than 70 conference sessions, strategic development workshops, keynote presentations, Orion panels, and training workshops, I’ll bet you find plenty of content that was designed for you – whether this is your first SES conference ever or the fifth one that you’re going to attend this year.
This is especially true if you are involved in retail marketing. There is a Retailer Track on Tuesday, Dec. 9, and a Vertical & Retail Track on Wednesday, Dec. 10.
I’ve been optimizing SES schedules for clients and Search Engine Watch readers for years. And there are plenty of sessions at SES Chicago 2008 that everyone should attend, including:
• On Monday, Dec. 8, attend the Conference Welcome/Orientation and Opening Keynote from 9:00 to 10:15 a.m. and the “Orion Panel: CEO vs. SEO” from 1:45 to 2:45 p.m.;
• On Tuesday, Dec. 9, attend the Morning Keynote Presentation from 9:00 to 10:00 a.m. and the “Orion Panel: Why Does Search Get all the Credit?” from 1:00 to 2:00 p.m.; and
• On Wednesday, Dec. 10, attend the Morning Keynote from 9:00 to 10:00 a.m.
But, there are four to five concurrent tracks over the four-day conference and there are three concurrent training workshops on Friday. So, attendees of SES Chicago 2008 will need to make some choices about what to attend.
For first-time Search Engine Strategies attendees, here are the conference sessions and training workshops that I’d recommend:
• On Monday, Dec. 8, attend “Search Industry Update” from 10:30 to 11:30 a.m., “Measuring Success in a 2.0 World” from 11:45 a.m. to 12:45 p.m., and “Search and Packaged Goods” from 3:00 to 4:00 p.m., and “Landing Page Testing & Tuning” 4:30 to 5:30 p.m.
• On Tuesday, Dec. 9, attend “Introduction to Search Engine Marketing” from 10:30 to 11:45am, and “SEO Tools” from 4:15 to 5:30 p.m.
• On Wednesday, Dec. 10, attend “Search Advertising 101” from 10:30 to 11:45 a.m., “Getting Vertical Search Right” from 12:45 to 2:00 p.m., “Blogging for Business” from 2:15 to 3:30 p.m., and “In House: Lessons Learned & Victories Won” from 4:00 to 5:15 p.m.
• On Thursday, Dec. 11, attend “How to Speak Geek: Working Collaboratively With Your IT Department to Get Stuff Done” from 9:00 to 10:00 a.m., the “Ad Copy Continuity Clinic” from 10:15 to 11:15 a.m., and the “Site Clinic” from 11:30 a.m. to 12:30 p.m.
• On Friday, Dec. 12, consider attending the “Search Engine Optimization Workshop” from 8:00 a.m. to 12:00 p.m., and the “Optimizing for Universal Search” workshop from 1:00 to 5:00 p.m.
For veteran attendees responsible for pay-per-click (PPC) advertising, here are the SES conference sessions and training workshops that I’d recommend:
• On Monday, Dec. 8, attend “Search Industry Update” from 10:30 to 11:30 a.m., “Measuring Success in a 2.0 World” from 11:45 a.m. to 12:45 p.m., “Is There Life Beyond Google?” from 3:00 to 4:00 p.m., and “Landing Page Testing & Tuning” 4:30 to 5:30 p.m.
• On Tuesday, Dec. 9, attend “Advanced Keyword Research” from 10:30 to 11:45 a.m., and “Managing Automated PPC Bid Management” from 4:15 to 5:30 p.m.
• On Wednesday, Dec. 10, attend “Advanced B2B” from 10:30 to 11:45 a.m., “Search Advertising Tools” from 12:45 a.m. to 2:00 p.m., “Ads in a Quality Score World” from 2:15 to 3:30 p.m., and “Advanced Paid Search Techniques” from 12:45 to 2:00 p.m.
• On Thursday, Dec. 11, attend the “Contextual Ads & Ad Sense Clinic” from 9:00 to 10:00 a.m., the “Ad Copy Continuity Clinic” from 10:15 to 11:15 a.m., and “Brand & Reputation Management” from 11:30 a.m. to 12:30 p.m.
• On Friday, Dec. 12, consider attending the “Search & Analytics Workshop: Using Analytics to Increase Search Effectiveness” from 8:00 a.m. to 12:00 p.m., and the “Advanced AdWords” workshop from 1:00 to 5:00 p.m.
For veteran attendees responsible for search engine optimization (SEO), here are the SES conference sessions and training workshops that I’d recommend:
• On Monday, Dec. 8, attend “Universal & Blended Search” from 10:30 to 11:30 a.m., “Measuring Success in a 2.0 World” from 11:45 a.m. to 12:45 p.m., “Igniting Viral Campaigns” from 3:00 to 4:00 p.m., and “Semantic Search: How Will it Change Our Lives?” from 4:30 to 5:30 p.m.
• On Tuesday, Dec. 9, attend “Usability & SEO: Two Wins for the Price of One” from 10:30 to 11:45 a.m., and “Advanced Link Building” from 4:15 to 5:30 p.m.
• On Wednesday, Dec. 10, attend “SEO Through Blogs & Feeds” from 10:30 to 11:45 a.m., “Video Search Engine Optimization” from 12:45 to 2:00 p.m., “SEO Friendly Flash” from 2:15 to 3:30 p.m., and “The Next Wave for Online Video” from 4:00 to 5:15 p.m.
• On Thursday, Dec. 11, attend “How to Speak Geek: Working Collaboratively with Your IT Department to Get Stuff Done” from 9:00 to 10:00 a.m., “Affiliate 2.0: New Distribution Value Using Search & More” from 10:15 to 11:15 a.m., and “Black Hat, White Hat & the Best Kept Secrets to Search” from 11:30 a.m. to 12:30 p.m.
• On Friday, Dec. 12, consider attending the “Link Building Tactics, Tools & Techniques” workshop from 8:00 a.m. to 12:00 p.m., and the “Viral Marketing & Link Baiting” workshop from 1:00 to 5:00 p.m.
Of course, veteran SES conference attendees already know how to navigate the conference agenda. They may want to check out the Issues Track on Tuesday, the Social Media Track on Wednesday, and the Local Track on Thursday. The point I’m making is there are plenty of conference sessions, strategic development workshops, keynote presentations, Orion panels, and training workshops to help them take their skills to the next level.
You’ll also see a couple of sessions “reserved for late-breaking topic.” Every year that I’ve been attending Search Engine Strategies – which goes back to the spring of 2002 – there have been unexpected developments in the search industry. So, use the optimized schedule above to get the folks in finance to approve your plans to attend. But, even I expect to be “calling audibles” when I get to SES Chicago 2008.
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We here at Incisive Media, home of Search Engine Watch and Search Engine Strategies (SES), are pleased to announce a few promotions within our event programming team.
First off, Stewart Quealy has been promoted to VP of content development. Stew has been programming the Search Engine Strategies events since 2001, most recently as senior conference program director. He will become the senior person responsible for creating conference program content for all events in the group and will be involved in the overall strategic development of our conference business. That includes the SES conferences, webcasts, and training courses.
Marilyn Crafts has been promoted to senior program director. She’s been programming our SES events for the past 8 years. She will continue to work closely with Stewart, Jackie Ortez, and the rest of their team in program development, speaker selection and event strategy.
“Anyone who’s spoken at or attended an SES event has seen the hard work and professionalism of Stewart, Marilyn, and the rest of their team,” said Gary Lynch, managing director of the Interactive Marketing Group in North America for Incisive Media. “We’re happy to be able to recognize and reward that hard work, and continue to produce top-quality events.”
Kevin M. Ryan, who has been serving as VP and global content director for SES, will transition to the role of chairman of the SES Advisory Board. He will continue to have an active and visible presence at our events, and to advise Stewart and his team in their programming efforts.
“A little over a year ago, Kevin took on the assignment to stabilize and build the SES brand during a critical transition phase for the business. A year later our events, including the global SES conference and expo series, are still the dominant brand in the industry with a strong global presence,” Lynch said.
Kevin plans to return to his roots on the agency side of search as CEO and founder of Motivity Marketing, a strategic consulting firm focusing on search and interactive marketing. He will also continue to write his weekly column here at SEW, “Searching For Meaning.”
One of the things that I like best about the Internet is how easy it is to exchange information with other people. One of the most informative and interactive ways to do so is by becoming involved in various forums. In terms of search engine optimization, there are countless forums out there from [...]
With the Democratic National Convention starting today in Denver, I thought it would be prudent to see which search engine is handling the highly anticipated event the best. Of course, Microsoft rocked the Olympics and outpaces everyone in mapping Georgia, but who’s got political game?
Microsoft proved again that it’s on top of current events, but it’s AOL that takes the cake in my book. First, AOL makes use of its design as a portal to serve up content on the homepage, which eliminates searching for today’s biggest US story.
Then, AOL makes use of its news and content networks to provide relevant links in its search results. Something that caught my eye is a link to News Video. I would have thought YouTube would dominate online video for the conventions, especially considering their involvement in the debates. But YouTube left a lot to be desired, while AOL News Video served up relevant, organized video.
AOL Homepage

AOL convention search results

AOL News Video results

YouTube results

Ask.com didn’t have to do anything different. Their usual results, which includes a right sidebar with images, provided a nice offering of convention-related content.
Ask.com search results

Microsoft’s Live.com could have made use of their new design, making the image of the day related to the convention. But they still have an Olympics-themed image up. Still, a search provides the latest convention news results at the top, and I like how their links to image, video, and other types of search are below the search box instead of on top. That helps users find what they’re looking for even better. Searching for video via Live.com brings up results from AOL, YouTube and other sources such as the AP. The videos are organized like image results, which makes for quick browsing - probably quicker than AOL or YouTube. However, some of the videos are from past conventions.
Live.com search results

Live.com video search results

As I was writing this, Yahoo changed its results. Before, it showed News Results about halfway down the page, now news results for the convention are at the top. This puts it on par with Microsoft. Yahoo does take slight advantage of being a portal to provide content right on the front page so no searching is involved. But today’s headline is the new Dancing With the Stars cast and whether Kim Kardashian’s foot injury will prevent her from participating.
Yahoo convention search results

Google offered nothing special. They both provided News Results, but placed them about halfway down the page.
Google results

Yahoo front page

But don’t take my word for it. Do some searching of your own and then leave a comment giving your vote for best search engine for Presidential politics.
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It’s so simple in description, but has unlimited potential. The scientific method can apply to any type of experiment, be it chemistry or Web site marketing. In today’s small business SEM column, “Increase Web Site Conversions with the Scientific Method,” Carrie Hill outlines the process involved, and shows you how it can help improve your SEM campaigns.
In a letter that is likely to believed by almost no one, Yahoo regurgitated much of the same old statements about Microsoft and Carl Icahn - and then slipped in something about selling the entire company for $33 a share. Of course, that’s only “if Microsoft will negotiate a transaction that delivers certainty of value and certainty of closing. This is the simplest, most straightforward way to maximize value for you.”
Rumor had it that Yahoo wanted somewhere in the neighborhood of $35-37 per share in the spring when the deal went south. Both sides have accused the other of walking away prematurely.
Then Carl Icahn created a proxy board and subsequently called for Yahoo to sell for $34.375 a share. Now Yahoo says it will go for $33 per share.
If I were Microsoft, I would just sit back, relax and continue to watch the price drop. If I were Google, I’d continue laughing all the way to the bank.
Here’s the full letter:
Dear Fellow Stockholder:
The recently-formed Carl Icahn-Microsoft alliance continues to make misleading statements about their plans for Yahoo!. Your Board of Directors believes strongly that the Icahn-Microsoft agenda -as presented to us jointly last week - will destroy stockholder value at Yahoo!, serving only their very narrow special interests, clearly not your interests.
Your Board continues to work to maximize value for you and is taking the following steps to do so:
– Moving forward with our strategic plan and strategies to lead in online advertising - with both search and display;
– Preparing to implement our recently signed commercial agreement with Google that will increase cash flow;
– Continuing to explore other ways to unlock value and return value to you such as unlocking the value of our Asia assets; and
– Remaining open to negotiating a value creating transaction (including with Microsoft) that provides real and certain value - not just the possibility of value.
In contrast, let’s review Carl Icahn’s brief involvement with the Company to date.
Carl Icahn bought his stock two months ago for an estimated average cost of less than $25 per share. He is well-known as a corporate agitator with a short-term approach to his investments. His short-term approach gives Mr. Icahn a strong incentive to strike any deal with Microsoft that enables him to recover his investment and get back his money quickly, even a deal that does not provide full and fair value to you. Is that in the interests of all stockholders? Clearly, it is not.
Mr. Icahn has severely handicapped himself in his ability to negotiate a favorable transaction with Microsoft. Why?
– Mr. Icahn has made it clear that his only objective is to sell part or all of Yahoo! to Microsoft. That fact, combined with his lack of an operating plan going forward, means that he will have no leverage to negotiate a fair deal with Microsoft. He has set himself up for failure.
– Second, Mr. Icahn and his slate lack the working knowledge of Yahoo! and its Internet business needed to do two things that are required to successfully deliver a value-enhancing transaction for Yahoo! stockholders. First, they do not have the detailed knowledge to negotiate a complex restructuring of a large, innovative high technology company in a rapidly changing environment. Second, they do not have the hands-on experience to manage and lead Yahoo! during the approximately one year period estimated to be required to gain regulatory approval for a deal or to manage and lead the remainder of the Company (non-search) after a transaction is completed. Don’t take our word for that. Mr. Icahn will be calling the shots if his slate wins and yet Mr. Icahn himself told the Wall Street Journal last fall: “Technology hasn’t really been one of the things I’ve focused on too much before” and “It’s hard to understand these technology companies.” That’s why you need a knowledgeable, experienced and independent board to represent your interests vis-a-vis Microsoft.
Mr. Icahn can’t make up his mind about what he thinks will work for Yahoo!. He bought his position believing that he could bring Microsoft back to buy all of Yahoo!, at one point suggesting we publicly offer to sell Yahoo! to Microsoft for $34.375. But he didn’t do enough due diligence to determine what your Board already knew: that it was Microsoft’s decision to walk away and that it had rebuffed repeated efforts by your independent directors to get a whole company acquisition back on the table. Recognizing that a sale to Microsoft might not be an option, Mr. Icahn said as an alternative that we should enter into an agreement with Google (which we were already negotiating and subsequently signed), and that we should walk away from Microsoft’s search-only proposal (which we did after careful evaluation of that proposal). Then, in an extraordinary flip flop, Mr. Icahn teamed up with Microsoft and embraced their latest joint search-only proposal–even though it involved significant execution and operational risks and was fraught with flaws that made the “headline value” asserted by Microsoft and Mr. Icahn more illusion than reality.
How can Yahoo! stockholders trust Mr. Icahn to deliver what he claims he can deliver when his actions have been so contradictory -and when all he has delivered so far is a risky proposal of questionable value from his new friends at Microsoft? Yes, the Microsoft/Icahn proposal is somewhat of an improvement over Microsoft’s last search-only proposal, but no one should confuse a modestly improved offer with a good offer. The Icahn/Microsoft proposal was more “smoke and mirrors” than objective reality.
Now let’s turn to the recent marriage of convenience between Microsoft and Mr. Icahn.
This “odd couple” collaboration - between two parties with keenly different agendas - is indeed perplexing. Why does Mr. Icahn believe he can count on Microsoft to complete a transaction? Certainly Microsoft is a well-respected and successful company and we have been clear that we are fully prepared to do a deal with them. But Microsoft’s flip flops and inconsistencies over the past five months are so stupefying that one can only conclude that Microsoft was never fully committed to acquiring Yahoo! either because:
– Microsoft can’t decide what is and isn’t strategically important to its online business; or
– Microsoft is more interested in destabilizing a key competitor so that it can either enhance its competitive position or buy our highly valuable search business–and the enormously desirable intellectual property associated with it –at a bargain basement price.
Microsoft desperately needs to improve the performance of its online services business (consisting of its search and display assets) which, cumulatively since 2003, has lost money despite billions of dollars of investment. And yet Mr. Icahn would ignore this track record and its implications for his fellow Yahoo! stockholders, swallowing a deal that leaves Yahoo!’s future dependent, in part, on Microsoft’s ability to monetize search. And, as Mr. Icahn has himself pointed out, it would eliminate any opportunity we may have to sell the entire Company for an attractive premium.
In contrast to the conflicting and confusing statements emanating from the Icahn-Microsoft alliance, your Board and management have been crystal clear about our position.
First, we will sell the entire Company to Microsoft for $33 per share or more if Microsoft will negotiate a transaction that delivers certainty of value and certainty of closing. This is the simplest, most straightforward way to maximize value for you.
Second, we remain open to selling only search to Microsoft as long as it provides real value to our stockholders and resolves the substantial execution and operational risks associated with the separation of our search and display businesses.
Third, your Board takes seriously its obligation to examine all value-creating steps it could take and continues to actively examine many of these now, including a potential spin-off of our Asia assets and a return of cash to stockholders. These are steps Yahoo! could take, if we determine they are feasible and in our stockholders’ best interests, without any “help” from Microsoft or Mr. Icahn. But they are complex steps that require care and prudence. These should not be adopted simply because Mr. Icahn and Microsoft are trying to dress up Microsoft’s inadequate search-only proposal.
While your Board continues to evaluate the foregoing avenues, your current Board and management continue to execute on our strategy to grow the value of our unique collection of assets. That strategy is working and we believe it can result in substantial double digit growth in operating cash flow as we move forward. Our recently executed search advertising agreement with Google reflects our commitment to achieving our strategic goals, while preserving flexibility to pursue a sale of the Company or even, on the right terms, a sale of our search business.
Please compare and contrast the straightforward, responsible actions and positions of your Board of Directors with the behavior of Mr. Icahn and Microsoft.
There you have the situation, as we see it, put as simply and clearly as we can. We believe the Icahn slate and agenda present significant risk to your investment in Yahoo!. We believe you cannot count on Microsoft to bail out Mr. Icahn’s misguided agenda, at least not on terms that are in the best interests of Yahoo! stockholders.
In contrast, your Board remains fully prepared to represent your interests aggressively and conscientiously in the effort to maximize value–whether that takes the form of negotiating a transaction that provides full and fair value, with certainty; finding other ways to unlock and return value to you; or moving forward with our accelerated strategies to lead in online advertising.
Your Board of Directors remains committed to maximizing stockholder value. It is–and will remain–our number one priority. Do not be fooled into thinking otherwise by Carl Icahn.
We strongly urge you to vote your WHITE Proxy Card today for your current Board of Directors.
Thank you for your support.
Roy Bostock Jerry Yang
Chairman of the Board Chief Executive Officer