Saturday, April 10, 2021

Yahoo Fires CEO Carol Bartz

AllThingsD: Former Yahoo CEO Carol Bartz has sent an e-mail out to all employees stating, “I am very sad to tell you that I’ve just been fired over the phone by Yahoo’s Chairman of the Board.” Yahoo confirmed the news with a press release which also announced that CFO Tim Morse will take over as interim CEO. Yahoo’s stock price jumped up on the news.

Observers speculate that Yahoo may soon be up for sale after Bartz’ firing. One unnamed insider told the media, “Yahoo is open to selling itself to the right bidder.”

Similar articles

Latest Articles

The Conversational AI Revolution:...

One of the things I’m looking forward to seeing at next week’s NVIDIA GTC event is an update on their Conversational AI efforts. I’m fascinated...

Edge Computing

Edge computing is a broad term that refers to a highly distributed computing framework that moves compute and storage resources closer to the exact...

Data-Driven Decision Making: Top...

The phrase data-driven decision making – certainly popular in the field of data analytics – may seem redundant. After all, nearly everything is driven...

Top Performing Artificial Intelligence...

As artificial intelligence has become a growing force in business, today’s top AI companies are leaders in this emerging technology. Often leveraging cloud computing and...