Carol Bartz

Being fired is never easy, especially if it happens over the phone. When Carol Bartz, chief executive of Yahoo, announced that she was let go, many pondered the future of one the earliest Internet companies. Others applauded Bartz for her honesty and some advised Yahoo to sell itself. Read more

Mashable has seen a copy of the e-mail former Yahoo chief executive Carol Bartz sent to the company’s staff confirming her exit from the company:

To all, Read more

Joseph Menn

Alibaba Group chief executive Jack Ma said on Wednesday that he expected his fight with the company’s largest shareholders, Yahoo and Softbank, would end with an amicable resolution despite what he said were complex “peace talks.” Read more

Tim Bradshaw

You couldn’t quite call Carol Bartz’s first European press conference a charm offensive.

“Why do you think I’m here?” Yahoo’s chief executive asked, half-joking, when pressed about whether anyone could have done a better job of leading Yahoo in the 16 months since she joined. “I’ve got plenty of money and was very happy. I don’t need everybody to think I’m an asshole. You think it’s so much fun answering your questions? If I didn’t think there was a good bottle of white wine at the end of it, I probably wouldn’t do it.” Read more

  • Three months into her stint at the head of Yahoo, Carol Bartz is seeking buyers for the HotJobs employment site. Other ancillary businesses in Yahoo’s portfolio could also be getting prepared for disposal.
  • Twitter is benefiting from all that attention. Visitors to Twitter.com surged 131 per cent in March to 9.3m, suggesting that more than being just a fad, Twitter could in fact be going mainstream.

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  • Ebay announced plans to spin off Skype, its internet phone service, after talks to sell Skype back to its founders collapsed. Skype, purchased for $3.1bn in 2005, was meant to help buyers and sellers connect on eBay’s core e-commerce site. But there has been no synergy between the companies, and eBay chief executive John Donahoe has faced increasing pressure to sell Skype. The plan was announced one day after eBay sold StumbleUpon back to its founders.
  • Intel said the PC market has bottomed out, but offered few signs that a recovery from recent drastic sales declines was close at hand. Revenues for the three months through March slumped to $7.1bn, or 26 per cent lower than a year before, while net income fell by 55 per cent to $647m.

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  • After yet another privacy row, Facebook rebuffed the critics by essentially opening up its terms of service to user input. Chief executive Mark Zuckerberg reiterated that “Facebook does not own users’ content.”

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  • Microsoft filed a suit of its own, alleging that in-car navigation system maker Tom Tom is violating eight of its patents, including three relating to Tom Tom’s use of open-source operating system Linux. This is believed to be the first time Microsoft has filed suit over Linux, which it has repeatedly said violates its patents.

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Chris Nuttall

Carol Bartz (pic from Yahoo Anecdotal blog)Carol Bartz has just finished her first conference call as Yahoo’s new chief executive. The 60-year-old former Autodesk CEO made a debut that was Sarah Palin-like in its feistiness with comments to analysts such as wanting Yahoo to “kick butt” and a strident appeal for everyone to “give this company some friggin’ breathing room.”

It sounds like Yahoo employees should belt up for an interesting ride with the no-nonsense software veteran. Read more