Besides falling further behind rival Google in the lucrative search and advertising market, Yahoo! has also been struggling to hold on to younger audiences, as they spend more time on popular online-hangouts like Facebook.
With shareholders clamoring for a shake-up, Yahoo! co-founder Jerry-Yang took over as the company's chief-executive in June, 2007. He has promised to re-establish Yahoo's position as the Web's most popular "starting point" while building a compelling ad network, but his progress hasn't been impressive.