Bing Bleeding Billions from Microsoft

Microsoft keeps saying that they’ll take market share from Google and start turning a profit. After all this time, though, one has to wonder when it will happen. Since the software giant launched Bing in 2009, it has been losing more than $400,000 per hour to its search unit.
Continue reading

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.
Continue reading