Jerry Yang

The Squawk on the Street news team break down today's market moving headlines, including Goldman Sachs trading higher on mixed Q4 results, Yahoo's co-founder Jerry Yang leaving the company, and Apple's employee program with General Electric. And Rick Santelli has the December industrial production numbers.

WNBC's Jonathan Dienst, reports Yahoo co-founder, Jerry Yang has resigned, with CNBC's Jon Fortt. Also, the inspector general of the SEC is leaving, and some big name websites will go dark tomorrow to protest two Congressional bills.

Here's a founder who had a conflict of interest with the new regime, says Anthony DiClemente, Barclay's internet and media strategist, who adds the news of Jerry Yang stepping down will make way for a new regime and potential to monetize Asian assets.

Insight on whether a board shakeup and a new CEO will help change the brand, with Jordan Rohan, Stifel Nicolaus & Company managing director/senior analyst.