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What Is the History (That You Know) of Discrimination in the United States. Yahoo

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Computer programmer and co-founder of Yahoo!

Jerry Yang
Jerry yang 2010(4555102908).jpg
Born

Yang Chih-Yuan


(1968-eleven-06) Nov 6, 1968 (age 53)

Taipei, Taiwan
Instruction Stanford University (BS, MS)
Occupation Founding Partner, AME Cloud Ventures.
Spouse(southward) Akiko Yamazaki
Chinese name
Traditional Chinese 楊致遠
Simplified Chinese 杨致远

Jerry Chih-Yuan Yang (born November 6, 1968) is a Taiwanese-American billionaire figurer programmer, internet entrepreneur, and venture capitalist. He is the co-founder and former CEO of Yahoo! Inc.[one] [ii]

As of February 2022, Yang has a net worth of over $2.7 billion.[3]

Early life [edit]

Yang was built-in with the proper name Yang Chih-Yuan in Taipei, Taiwan, on November half-dozen, 1968;[2] his female parent was a professor of English and drama and his father died when he was two, by which fourth dimension Yang had a brother.[4] [5] In 1978, his mother moved the family to San Jose, California, where his grandmother and extended family unit took care of the boys while his mother taught English to other immigrants.[four] After moving to the US Yang took the American name Jerry, his mother Lily, and his brother Ken.[6] He says that he only knew one English word, "shoe", when he came to America, but became fluent in English in near iii years.[7]

Yang graduated from Piedmont Hills High School and went on to earn both a Available of Scientific discipline and a Master of Science in electric engineering from Stanford University in iv years.[7] He met David Filo at Stanford in 1989, and the two of them went to Nippon in 1992 for a vi-month exchange program, during which he met his future wife, who was in that location every bit part of the exchange plan.[7]

Career [edit]

Yang founded Yahoo! in 1994, served as CEO from 2007 to 2009. He left Yahoo! in 2012. He founded a venture upper-case letter firm called AME Cloud Ventures and, as of 2015, serves on several corporate boards. According to Rob Solomon, a venture capitalist at Accel Partners, Yang was "a groovy founder, evangelist, strategist and mentor," having "created the pattern for what is possible on the Internet."[viii]

1994–2012: Yahoo! years [edit]

While studying at Stanford in 1994, Yang and David Filo co-created an Internet website chosen "Jerry and David'south Guide to the World Wide Spider web," which consisted of a directory of other websites. Every bit it grew in popularity they renamed information technology "Yahoo! Inc." Yahoo! received around 100,000 unique visitors by the fall of 1994. In April 1995, Yahoo! received a $two meg investment from Sequoia Capital, Tim Koogle was hired as CEO, and Yang and Filo were each appointed "Main Yahoo." Yahoo! received a second round of funding in the Autumn of 1995 from Reuters and Softbank. It went public in April 1996 with 49 employees.[iv] [9] [ten] In 1999, Yang was named to the MIT Technology Review TR100 equally ane of the meridian 100 innovators in the world under the age of 35.[3] [11] Terry Semel, who replaced Tim Koogle as CEO subsequently the dot-com bubble crash, served until 2007 when the rising of Google led the board to fire him and appoint Yang as interim CEO.[4]

Alibaba [edit]

Yang met Alibaba founder Jack Ma in 1997 during Yang'south commencement trip to China. Ma, a authorities-employed tour guide and former English teacher, gave Yang a tour of the Great Wall of People's republic of china. The two striking information technology off and discussed the growth of the Web. Ma created Alibaba several months after. A 1997 photo of Yang and Ma at the Groovy Wall still hangs on the wall in Alibaba'southward Hangzhou office.[4]

In 2005, under Yang'southward management but before he took over as CEO in 2007, Yahoo! purchased a 40% pale in Alibaba for $1 billion plus the assets of Yahoo! China, valued at $700 1000000.[4] In 2012, Yahoo! sold a portion of its stake in Alibaba for $7.6 billion.[12] The company made an additional $9.4 billion in Alibaba's 2014 IPO.[13] Eric Jackson, the founder of hedge fund Ironfire Majuscule, chosen Yahoo!'due south investment in Alibaba "the all-time investment an American visitor has ever made in China," and stated, "Jerry deserves enormous credit for that."[12]

Chinese authorities collaboration controversies [edit]

In fall 2005, a month after the Alibaba investment, news bankrupt that Yahoo! had cooperated with Chinese authorities in the abort of Chinese announcer Shi Tao in November 2004.[14] Shi had used a Yahoo email address to anonymously notify a pro-democracy website in the US that the Chinese government had ordered the Chinese media not to cover the fifteenth anniversary of the Tiananmen Square Protests of 1989 on June four. Yahoo! provided the Chinese security agencies with the IP addresses of the senders, the recipients and the time of the message. Shi was subsequently convicted for "divulging land secrets abroad."[14]

Yang justified the action, stating: "To be doing business in China or anywhere else in the globe, we have to comply with local law[s]." Yang and Yahoo! were heavily criticized, and Reporters Without Borders chosen Yahoo! "a Chinese police informant."[15] [sixteen]

In April 2007, Wang Xiaoning and other journalists brought a civil suit confronting Yahoo! for allegedly aiding and abetting the Chinese government which, it was claimed, resulted in torture that included beatings and imprisonment.[17]

In early on November 2007, Yang faced questions from a Congressional commission with respect to Yahoo!'s role in the arrests of Tao and other journalists in China. During the hearings he apologized to Tao'due south female parent, who was also at the hearing.[eighteen] [19] [20]

A week later, Yahoo! agreed to settle with afflicted Chinese dissidents, paying them undisclosed bounty. Yang stated, "After meeting with the families, it was clear to me what we had to practise to make this correct for them, for Yahoo, and for the futurity."[21] That calendar week, Yang established the Yahoo! Human Rights Fund, a fund to provide "humanitarian and legal support" to online dissidents.[22]

In February 2008, Secretary of Land Condoleezza Rice said that she raised issues virtually jailed Chinese journalists with her Chinese counterpart Yang Jiechi; she cited a letter of the alphabet from Jerry Yang requesting her assistance in freeing the jailed dissidents.[23] Belatedly in 2008, the Laogai Museum opened; the museum was run by noted Chinese dissident Harry Wu and showcased China's laogai penal organization. Information technology was funded past the Yahoo! Human Rights Fund.[24]

On September 2, 2020, a lawsuit was filed on behalf of Chinese activist Ning Xianhua against by Yahoo! executives, including Yang and Semel. The lawsuit was filed in the U.S. District Courtroom in San Jose, California. It alleges that Yahoo! provided Xianhua's private emails to the Chinese government in exchange for commercial admission to more Chinese internet users.[25]

Microsoft negotiations [edit]

In Feb 2008, Microsoft made an unsolicited offering to buy Yahoo! for $44.6 billion; at the time Yahoo! was still struggling to grab up to Google, while Microsoft was still seeking an cyberspace strategy.[26] The offer was a 62% premium to Yahoo!'southward market value at the time.[4] The negotiations were hard, as Yang had no desire to sell Yahoo! and would non brand a counter offering.[27] Once the negotiations ended in failure in May 2008, Yahoo!'south stock price plunged.[4] [27] Yang and board chairman Roy Bostock were strongly criticized by investors for their treatment of negotiations, which later led to several shareholder lawsuits and a proxy fight led by Carl Icahn, which was settled in July 2008.[28]

Yang's response to the Microsoft takeover was to brand a commercial search ad organisation with Google merely they concluded negotiation after U.S. regime voiced concerns regarding the effect on competition in the marketplace.[4]

Resignation as CEO to difference [edit]

On Nov 17, 2008, The Wall Street Journal reported Yang would stride down equally CEO as before long as the visitor found a replacement.[29] He served every bit CEO until 2009, when Yahoo! named Ballad Bartz as CEO.[30] He regained his onetime position equally "Primary Yahoo" and remained on Yahoo's board of directors.[31]

In Jan 2012, Yahoo! announced that Yang was leaving the company and would be resigning from the lath and all other positions at the company. The company also announced his resignation from the boards of Yahoo! Japan and Alibaba Corp.[32]

AME Cloud Ventures [edit]

Later on leaving Yahoo! he became a mentor to technology startups and an investor through his business firm, AME Cloud Ventures.[4] [33] [34] AME (pronounced "ah-meh") invests primarily in companies that piece of work with information and has provided funding to more than than 50 startups, including Tango, Evernote, Wattpad,[35] Wish,[36] Zoom and Vectra Networks Inc., and Chinese travel site Shijiebang. "Ame" means "rain" in Japanese, a nod to Yang'southward interest in cloud calculating.[4]

Lath seats [edit]

  • Yahoo! (1995–2012)[37]
  • Cisco (2000–2012)[38]
  • Alibaba Grouping (2006–2012; 2014– )[37]
  • Stanford University Chair of Board of Trustees (2005-2015; 2017– )[39] [forty] [41]
  • Workday, Inc. (2013– )[37]
  • Curbside (2013–2018)[42]
  • Lenovo Group Ltd (2013– )[37] [43]
  • Newsbreak.com (Counselor) (2015–)[44]

Personal life [edit]

Yang is married to Akiko Yamazaki, a Japanese adult female who was raised in Republic of costa rica, whom he met in 1992 during a 6-month Stanford exchange program when they were both students there.[7] Yamazaki graduated from Stanford University with a degree in industrial engineering and is a director with the Wildlife Conservation Network.[45] Yang currently resides in Los Altos Hills, California.[46]

Philanthropy and bear on [edit]

In February 2007, Yang and his married woman gave $75 meg to Stanford University, their alma mater,[45] $50 million of which went to building the "Jerry Yang and Akiko Yamazaki Environment and Energy Building", a multi-disciplinary research, education and lab building designed with sustainable compages principles.[47]

In belatedly 2012 and early on 2013, the Asian Fine art Museum of San Francisco exhibited selections from the Chinese calligraphy collection belonging to Yang and his married woman. He began the collection in the late 1990s; it contains about 250 pieces.[48] These selections besides appeared at the Metropolitan Museum of Art in the 2014 exhibition "Out of Character: Decoding Chinese Calligraphy."[49]

In September 2017, Yang and Yamazaki pledged $25 meg to the Asian Fine art Museum, the largest donation in the museum'due south history.[fifty]

A new pavilion at the museum, funded by Yang and Yamazaki'southward donation and named in their award, opened in 2020.[51] [52]

Yang and Yamakazi loaned more than than 50 Chinese ink paintings to Stanford's Cantor Arts Centre in summertime 2018 for its "Ink Worlds" exhibition.[53] [54]

Yang was featured in Asian Americans, a PBS documentary series on Asian American history, in 2020.[55] [56]

In 2021, he was among the co-founders of The Asian American Foundation,[57] a $250 million initiative to address racism against Asian Americans[58] and provide services to Asian Americans and Pacific Islanders.[57] Yang sits on the board of the foundation, described past its organizers as the largest-ever philanthropic effort to support the AAPI community.[59]

References [edit]

  1. ^ "Jerry Chih-Yuan Yang". Boardroom Insiders. November 7, 2014. Retrieved Apr 30, 2015.
  2. ^ a b Henderson, Harry (2009). Yang, Jerry (Chih-Yuan Yang). A to Z of Reckoner Scientists. Infobase. p. 279. ISBN9781438109183.
  3. ^ a b "Jerry Yang". Forbes.
  4. ^ a b c d e f 1000 h i j k Parmy Olson for Forbes.In September 30, 2014. Finding Alibaba: How Jerry Yang Made The Well-nigh Lucrative Bet In Silicon Valley History
  5. ^ Pickert, Kate (November 19, 2008). "Yahoo! CEO Jerry Yang". Time.
  6. ^ Sherman, Josepha (2001). Jerry Yang and David Filo : chief yahoos of Yahoo! . Brookfield, Conn.: Twenty-Commencement Century Books. ISBN9780761319610.
  7. ^ a b c d Schlender, Brent (March half dozen, 2000). "How A Virtuoso Plays The Web". Fortune . Retrieved November 8, 2008.
  8. ^ Solomon, Rob (January 26, 2015). "Yahoo Was the GE of the Internet". recode.com. Recode. Retrieved January 26, 2015.
  9. ^ Yahoo! Inc. – Company History. yhoo.customer.shareholder.com
  10. ^ Hal Plotkin for Metro. April 11, 1996 MetroActive: A Couple of Yahoos
  11. ^ "1999 Young Innovators Under 35: Jerry Yang, 29". Technology Review. 1999. Retrieved Baronial 14, 2011.
  12. ^ a b Helft, Miguel (September 18, 2014). "Jerry Yang: The most successful American investor in China?". Fortune. Time, Inc. Retrieved January 5, 2015.
  13. ^ Novellino, Teresa (October 1, 2014). "Within Jerry Yang'southward wild bet on Alibaba and Jack Ma". Upstart Business Journal. American City Business Journals. Retrieved January v, 2015.
  14. ^ a b Joseph Kahn for The New York Times. September 8, 2005 Yahoo Role Documented in Chinese Trial
  15. ^ Reporters Without Borders. September 6, 2005 Data supplied by Yahoo ! helped journalist Shi Tao go ten years in prison.
  16. ^ Editors of The Washington Post. September xviii, 2005 Editorial: Obeying Orders
  17. ^ Miguel Helft for The New York Times April 19, 2007 Chinese Political Prisoner Sues in U.S. Court, Maxim Yahoo Helped Identify Dissidents
  18. ^ Yahoo summoned to Washington over Chinese arrests, c/net news web log, October sixteen, 2007
  19. ^ Boudreau, John (November 7, 2007). "Lawmaker scolds Yahoo: 'Morally yous are pygmies'". The Mercury News . Retrieved November 14, 2007.
  20. ^ Associated Printing in The New York Times. November vii, 2007 Yahoo Criticized in Case of Jailed Dissident
  21. ^ Corey Boles and Scott Morrison for The Wall Street Journal. November 14, 2007 Yahoo Settles Suit Over Jailed Chinese Dissidents
  22. ^ "Press Release: Yahoo! Inc Reaches Settlement On Lawsuit Works To Constitute Homo Rights Fund" (PDF). Yahoo!. Nov xiii, 2007.
  23. ^ "Rice presses Prc on jailed dissidents". The New York Times. Feb 27, 2007.
  24. ^ Fowler, Geoffrey A (November 12, 2008). "Yahoo-Sponsored Chinese Human Rights Museum Opens in Washington". The Wall Street Journal . Retrieved December 12, 2008.
  25. ^ Ranjha, Ikrama Majeed (September two, 2020). "Lawsuit alleges Yahoo let Chinese government access private emails". S&P Global . Retrieved March 7, 2021.
  26. ^ "Yahoo weighs up options". Financial Times. February three, 2008.
  27. ^ a b Lohr, Steve (May v, 2008). "Microsoft's Failed Yahoo Bid Risks Online Growth". The New York Times . Retrieved May 6, 2008.
  28. ^ Rob Hof for Bloomberg BusinessWeek TechBeat July 21, 2008 Yahoo Settles Proxy Fight With Icahn; What'due south Adjacent?
  29. ^ Yang to Step Downward as Yahoo CEO, The Wall Street Journal, November 18, 2008
  30. ^ Yahoo names new chief executive, BBC News, January 14, 2009
  31. ^ Michael Liedtke (November 18, 2008). "Yahoo! to Replace Yang equally CEO". TheStreet.com. Archived from the original on December 12, 2010. Retrieved September eleven, 2009.
  32. ^ Yahoo announces resignation of Jerry Yang, Marketwatch News, January 17, 2012
  33. ^ "Jerry Yang Is Back (And Investing More than Than Always)," Wall Street Periodical, March xix, 2013
  34. ^ "Jerry Yang's Side by side Act: Startup Investor and Mentor," Mashable, March 5, 2013
  35. ^ Olson, Parmy. "Meet The Billionaire Who Defied Amazon And Built Wish, The Globe'due south Most-Downloaded Eastward-Commerce App". Forbes . Retrieved August 4, 2021.
  36. ^ Olson, Parmy. "Run into The Billionaire Who Defied Amazon And Built Wish, The World'south Most-Downloaded E-Commerce App". Forbes . Retrieved August four, 2021.
  37. ^ a b c d Brian Womack for Bloomberg News September 11, 2014 Yahoo'southward Yang Is Back Playing Alibaba-Board Power Broker
  38. ^ John Chambers for Cisco Blogs. September nineteen, 2012 Jerry Yang to Retire from Cisco'southward Lath
  39. ^ Deruy, Emily (August 11, 2017). "Stanford adds Yahoo! co-founder Jerry Yang to its lath of trustees". The Mercury News . Retrieved November 29, 2017.
  40. ^ University, Stanford (January 15, 2021). "Jerry Yang elected chair of Stanford University Lath of Trustees". Stanford Report . Retrieved Oct 14, 2021.
  41. ^ "Jerry Yang succeeds Jeff Raikes as chair of the Stanford Board of Trustees". The Stanford Daily. January 22, 2021. Retrieved October 14, 2021.
  42. ^ Perez, Sarah. "Backed Past $9.5 Million, Curbside Launches A Mobile Shopping App For Same-Day Pickup, Non Delivery". TechCrunch . Retrieved May 24, 2017.
  43. ^ "Board of Directors | Lenovo". investor.lenovo.com . Retrieved August 4, 2021.
  44. ^ Liao, Rita (May 28, 2020). "Run across News Pause, the news app trending in America founded by a Chinese media veteran". TechCrunch . Retrieved March 7, 2021.
  45. ^ a b Stanford University Press Release. February xv, 2007 Alumni couple Jerry Yang, co-founder of Yahoo!, and Akiko Yamazaki pledge $75 one thousand thousand to alma mater
  46. ^ Contour of Jerry Yang. Forbes.com (March 29, 2011). Retrieved on 2012-01-09.
  47. ^ Stanford Report, March iii, 2008 Y2E2: New building sets sustainability standards for Stanford
  48. ^ Seno, Alexandra A. (October 12, 2012). "Worthy Characters". The Wall Street Journal . Retrieved January 5, 2015.
  49. ^ Rosenberg, Karen (June 19, 2014). "A Calligraphic Answer to 'I Like This'". The New York Times . Retrieved January five, 2015.
  50. ^ Finkel, Jori (September 26, 2017). "Yahoo Co-Founder Gives $25 Meg to San Francisco'southward Asian Art Museum". The New York Times . Retrieved Nov 29, 2017.
  51. ^ Zinko, Carolyne (April 16, 2020). "San Francisco's Asian Art Museum Leaps Into the Hereafter". Modernistic Luxury Silicon Valley . Retrieved March vii, 2021.
  52. ^ "Transformed Asian Art Museum Unveils New Pavilion with teamLab: Continuity". Asian Art Museum. March 24, 2020. Retrieved March 7, 2021.
  53. ^ Thornton, Sarah (December xv, 2018). "Philanthropists Akiko Yamazaki and Jerry Yang Are Transforming Fine art in the Bay". Cultured Magazine . Retrieved March 7, 2021.
  54. ^ Myrow, Rachael (May 19, 2018). "Free energy in the Brush: Contemporary Chinese Ink Paintings at Cantor". KQED . Retrieved March 21, 2021.
  55. ^ Morona, Joey (May v, 2020). "PBS docuseries 'Asian Americans' offers deep-dive into history, touch on of fastest growing minority group in U.S." Cleveland.com . Retrieved March seven, 2021.
  56. ^ Gonzalves, Theodore (May 26, 2020). "How a New Show Tears Down the Myths of Asian American History". Smithsonian Magazine . Retrieved March 10, 2021.
  57. ^ a b Nguyen, Thy (May five, 2021). "Nets' Joe Tsai, Yahoo Founder Jerry Yang and More Launch $250 Million Initiative to Fight Hate". Yahoo . Retrieved May xi, 2021.
  58. ^ Sorkin, Andrew Ross; Lee, Edmund (May three, 2021). "Asian-American Business organization Leaders Fund Effort to Fight Bigotry". The New York Times . Retrieved May xi, 2021.
  59. ^ Ax, Joseph (May iii, 2021). "Asian-American business organisation leaders launch $250M effort to fight hate". Reuters . Retrieved May 11, 2021.

External links [edit]

  • Appearances on C-SPAN
  • Jerry Yang on Charlie Rose
  • Jerry Yang at IMDb
  • "Jerry Yang collected news and commentary". The New York Times.
  • Jerry Yang at Stanford Applied science Heroes page
  • Information technology Conversations audio interview from the Web 2.0 briefing, October 2004
Business organisation positions
Preceded by

Terry Semel

 Main Executive Officer of Yahoo!
2007–2009 		Succeeded past

Carol Bartz

sandlinapped1962.blogspot.com

Source: https://en.wikipedia.org/wiki/Jerry_Yang

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