Jerry Yang

It took three years, but former Yahoo executive Dan Rosensweig believes he has found another great Internet gig.

Rosensweig's career shifted in a new direction this week when he took over as CEO of Chegg.com, a Silicon Valley startup that says it has rented about 2.4 million textbooks to cash-strapped college students since its 2007 inception.

Egypt will apply for the first Internet domain written in Arabic, its information technology minister said Sunday at a conference grouping Yahoo's co-founder and others to discuss boosting online access in emerging nations.

Tarek Kamel said Egypt on Monday would apply for the new domain -- pronounced ".masr" but written in the Arabic alphabet -- making it the first Arab nation to apply for a non-Latin character domain. The effort is part of a broader push to expand both access and content in developing nations, where the Internet remains out of reach for wide swaths of the population.

Activist investor Carl Icahn has decided his work is done at Yahoo Inc. after muscling his way on to the slumping Internet company's board nearly 15 months ago.

In a resignation letter Friday, Icahn said he felt like it was time to leave Yahoo so he could spend more time on his investments in other companies.

"I don't believe that it is necessary at this time to have an activist on the board of Yahoo and currently my attention is focused on other matters," Icahn wrote.

Yahoo Inc. believes a lot of its good work has been overlooked by investors and the media so it's spending more than $100 million to get the word out to consumers directly.

The money is going toward the Internet company's most expensive marketing campaign since Stanford University graduate students Jerry Yang and David Filo started Yahoo's Web site 15 years ago. Yahoo provided a peek at the 15-month blitz Tuesday in New York.

All eyes are on the Yahoo executives who are expected to announce the company's earnings after the market closes on Tuesday. Along with shareholders looming over what Yahoo CEO Carol Bartz has to report, Microsoft executives will be keeping a watchful eye as new reports have emerged about an Internet search and online advertising deal between the two companies.

Microsoft and Yahoo are reportedly close to a search and advertising deal that could be announced next week. Microsoft executives are said to be in Silicon Valley for final talks, and CEO Steve Ballmer is reportedly monitoring their efforts.

The All Things Digital blog reported that the executives include Yusuf Mehdi, Microsoft's senior vice president for online; Satya Nadella, senior vice president for research and development; and Dr. Qi Lu, president of Microsoft's Online Services Group and a former Yahoo search executive.

Yahoo Chief Executive Carol Bartz echoed the turnaround promises of her predecessors as she presided over the first shareholder meeting since her hiring, yet she left little doubt the slumping Internet company's new boss isn't the same as the old bosses.

Like Terry Semel did in 2007 and Jerry Yang again last year, Bartz assured shareholders Thursday that she will polish Yahoo's tarnished brand and end a three-year financial funk that has depressed the Sunnyvale-based company's stock.

Yahoo Inc. Chief Executive Carol Bartz has a message for investors hoping for a quick fix at the slumping Internet company or for an online search partnership with Microsoft Corp. -- don't expect either to happen any time soon.

The no-nonsense executive hired by Yahoo five months ago got her latest points across Wednesday during an appearance at an investor conference hosted in New York by Bank of America Corp.'s Merrill Lynch.

Yahoo Inc.'s chief executive said Wednesday that she is open to joining forces with Microsoft Corp. so both companies can better compete in Internet search, but a deal would need a specific set of terms -- including "boatloads of money."

After spending six weeks diagnosing Yahoo Inc.'s troubles, new Chief Executive Carol Bartz started to prescribe a cure Thursday with a management shake-up that will usher out the Internet company's chief financial officer.

Besides pushing CFO Blake Jorgensen out the door, the overhaul will expand the responsibilities of Yahoo's chief technology officer, Ari Balogh, and the company's top advertising executive in the United States, Hilary Schneider.

Bartz also created two jobs: a chief marketing officer and her own chief of staff.