Despite its various market woes, venerable search engine Yahoo can still pull small surprises out of its hat. Its latest financial report showed some bright spots in an otherwise dismal picture for the embattled company’s future.
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Yahoo May Be Up For Sale
Hot on the heels of news that Yahoo fired Carol Bartz, its CEO, come stories that the company is putting itself up for sale. Whether or not this is true, these rumors have excited fresh speculation as to who might be interested in buying the beleaguered Internet firm.
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Yahoo CEO Carol Bartz Fired by Phone
With more than a year to go on her contract, Yahoo CEO Carol Bartz received a phone call on Tuesday from Yahoo chairman of the board Roy Bostock firing her from her position. While Bartz was officially fired “without cause,” analysts point to communication issues and mishandling of Yahoo’s assets as reasons the executive was let go.
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