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 SAN FRANCISCO (AP) - Yahoo Inc. has shuffled chief executives, upgraded its online advertising platform and forged several promising partnerships during the past year, yet the Internet icon still doesn't seem close to pulling out of a slump that has battered its stock.
Even Yahoo's new CEO, co-founder Jerry Yang, acknowledged Tuesday there is still plenty of hard work to be done.
"I am very aware of the challenges we face," Yang said in a conference call with analysts after the Sunnyvale-based company said second-quarter earnings slipped 2 percent. "There is a significant gap where we are today and where we need to be."
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