New York: Scott Thompson isn't an obvious pick to lead Yahoo, but he brings to the struggling Internet company expertise in technology and operations. Whether that's enough will be determined in the coming weeks and months. Thompson, the head of eBay Inc.'s PayPal online payments business, was named Yahoo's CEO, effective next Monday. He replaces Carol Bartz, who was fired in September after less than three years on the job....
09:01 AM, Jan 05, 2012
New York: Yahoo Inc named Scott Thompson, president of eBay Inc's PayPal division, as its new CEO on Wednesday. The struggling Internet company has been without a permanent CEO since early September. It fired Carol Bartz after losing patience with her attempts to turn around the company during her 2.5 years on the job. Tim Morse, Yahoo's chief financial officer, has been interim CEO since Bartz's ouster. Sunnyvale, California-based Yahoo...
07:50 PM, Jan 04, 2012
New York: Close on the heels of its CEO Carol Bartz being fired over phone, an internal memo sent by Yahoo! Chairman and founders to their employees have sparked rumours about a possible sale of the internet company. In their memo, Yahoo! Chairman Roy Bostock, co-founders David Filo and Jerry Yang have said that a "strategic review" process was on to bring the company back to a robust growth path...
06:32 PM, Sep 25, 2011
San Francisco: A major Yahoo Inc. shareholder is recruiting company co-founder Jerry Yang to join a crusade to oust Chairman Roy Bostock amid the upheaval triggered by the recent firing of CEO Carol Bartz. The shareholder, hedge fund manager Daniel Loeb, sought Yang's help in a letter sent Wednesday. The direct appeal to Yang, the longest-serving member of Yahoo's board, is the latest twist in the melodrama that has been...
02:47 PM, Sep 15, 2011
San Francisco: Carol Bartz, who was fired as chief executive of Yahoo Inc last week, has resigned from the company's board of directors. "On September 9, 2011, Carol Bartz resigned from the board of directors of Yahoo! Inc., effective immediately," Charles Sipkins, a spokesperson for the board wrote in an e-mail on Sunday. The news was first reported on Sunday in The Wall Street Journal. Bartz was abruptly fired from...
06:57 AM, Sep 12, 2011
San Francisco: Yahoo Inc. has gone through three different CEOs in five years. Whoever takes the helm now will face the same challenge: Solve one of the Internet's most perplexing puzzles. Why is a company that owns some of the world's most widely used online services unable to gain traction among Web surfers, advertisers and investors? Can the company that rode the Internet boom ever again be where the cool...
01:26 PM, Sep 08, 2011
New York: There are few surer ways for an executive to lose a good reputation than to be CEO of Yahoo Inc. Just ask Carol Bartz or Terry Semel. As the company searches for Bartz's replacement, its biggest obstacle is likely the track record of past CEOs after they moved under Yahoo's figurative purple umbrella. "They are going to have a lot of trouble filling that job," said a tech...
12:17 PM, Sep 08, 2011
San Francisco: Yahoo Inc Chairman Roy Bostock fired CEO Carol Bartz over the phone on Tuesday, ending a tumultuous tenure marked by stagnation and a rift with Chinese partner Alibaba. Chief Financial Officer Tim Morse will step in as interim CEO, and the company will search for a permanent leader to spearhead a battle in online advertising and content with rivals Google Inc and Facebook. Shares in Yahoo jumped 6...
06:14 AM, Sep 07, 2011
San Francisco: Yahoo Inc. is giving its popular email service a long-promised facelift in an attempt to make it more appealing to people who are increasingly using Facebook, Twitter, Google and other online alternatives to communicate. The changes announced Tuesday build upon a redesigned email format that Yahoo began testing seven months ago. The estimated 277 million users of Yahoo's free email service will be switched to the new version...
10:55 AM, May 24, 2011
Sunnyvale: Yahoo Inc. wants to prove it has regained its technological stride after years of meandering that have caused the Internet company to lose ground to its rivals. The proof of Yahoo's renewed vigor will come this fall when the company plans to unveil facelifts to its free e-mail service and search results, a top executive told reporters Thursday. Those upgrades will be major steps toward "bringing cool back to...
11:50 AM, Sep 17, 2010
Carol Bartz would meet the country's PM, senior officials for the discussion. ...
12:04 PM, Nov 10, 2009
Yahoo is second player in the search market behind Google. ...
01:35 PM, May 28, 2009
Yang stepped down last November after a failed buyout deal with Microsoft. ...
03:49 PM, Jan 14, 2009
End of Yahoo's 2 month search for a CEO to succeed co-founder Jerry Yang. ...
12:57 AM, Jan 14, 2009
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