This week, Yahoo! CEO Jerry Yang rejected public opinion that labeled Yahoo! as a troubled company. Yang announced that Yahoo! would focus on management cohesion and streamline its related products to attract more consumers and advertisers. Following Microsoft's announcement to withdraw its acquisition proposal for Yahoo!, some Yahoo! shareholders expressed dissatisfaction. At this week's sixth annual Wall Street Journal "All Things Digital" conference, Yang painted a bright picture of Internet development trends for Yahoo!. Currently, public opinion has been vocal about Yahoo!'s serious predicament, but Yang believes this characterization is incorrect.