Business

Sony and Yahoo down and out?

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2 very important companies loosing top people this week. First yahoo dumps it’s CEO and going to the basics. Then Sony’s father of the playstation is getting the boot (though a very covert).

In the case of Yahoo one can understand why, stocks are dipping and Google has overtaken and left them in the dust. Jerry Yang one of the co founders of Yahoo is back at the helm, Stocks are currently up. Ken Kutaragi for those who don’t know is the father of the playstation, some months back was demoted and finally today was sacked with style. Ken I believe actually lost the plot long time with the PS3, which caused Sony to loose of 60% of it’s income. I’m not going to spell out the issues with the PS3 but it’s a bold move by Mr. Stringer.

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