Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
KERN ARTHUR
  2. Issuer Name and Ticker or Trading Symbol
YAHOO INC [YHOO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O YAHOO! INC., 701 FIRST AVENUE
3. Date of Earliest Transaction (Month/Day/Year)
06/07/2005
(Street)

SUNNYVALE, CA 94089
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/07/2005   M   39,450 A $ 0.0417 39,450 D  
Common Stock 06/07/2005   S   600 D $ 37.3733 38,850 D  
Common Stock 06/07/2005   S   900 D $ 37.3867 37,950 D  
Common Stock 06/07/2005   S   500 D $ 37.408 37,450 D  
Common Stock 06/07/2005   S   200 D $ 37.42 37,250 D  
Common Stock 06/07/2005   S   400 D $ 37.44 36,850 D  
Common Stock 06/07/2005   S   600 D $ 37.4467 36,250 D  
Common Stock 06/07/2005   S   199 D $ 37.45 36,051 D  
Common Stock 06/07/2005   S   500 D $ 37.464 35,551 D  
Common Stock 06/07/2005   S   352 D $ 37.4686 35,199 D  
Common Stock 06/07/2005   S   400 D $ 37.47 34,799 D  
Common Stock 06/07/2005   S   400 D $ 37.4775 34,399 D  
Common Stock 06/07/2005   S   377 D $ 37.4794 34,022 D  
Common Stock 06/07/2005   S   48 D $ 37.48 33,974 D  
Common Stock 06/07/2005   S   600 D $ 37.4833 33,374 D  
Common Stock 06/07/2005   S   400 D $ 37.485 32,974 D  
Common Stock 06/07/2005   S   623 D $ 37.49 32,351 D  
Common Stock 06/07/2005   S   100 D $ 37.5 32,251 D  
Common Stock 06/07/2005   S   400 D $ 37.505 31,851 D  
Common Stock 06/07/2005   S   400 D $ 37.51 31,451 D  
Common Stock 06/07/2005   S   400 D $ 37.52 31,051 D  
Common Stock 06/07/2005   S   1,000 D $ 37.53 30,051 D  
Common Stock 06/07/2005   S   600 D $ 37.5467 29,451 D  
Common Stock 06/07/2005   S   150 D $ 37.56 29,301 D  
Common Stock 06/07/2005   S   350 D $ 37.5657 28,951 D  
Common Stock 06/07/2005   S   200 (1) D $ 37.6 28,751 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option ( right to buy ) $ 0.0417 06/07/2005   M     39,450   (2) 01/24/2006 Common Stock 39,450 $ 0 513,132 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
KERN ARTHUR
C/O YAHOO! INC.
701 FIRST AVENUE
SUNNYVALE, CA 94089
  X      

Signatures

 /s/ Michael J. Callahan, attorney-in-fact for, Arthur H. Kern   06/08/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) All shares reported sold on this form 4 were sold pursuant to a 10b5-1 trading program.
(2) This option becomes exercisable at a rate of 1/4th of the securities underlying the option on the first anniversary of the vesting commencement date of 1/25/96 and 1/48th of the securities underlying the option on each monthly anniversary thereafter.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.