∞ Carol Bartz soon to get fired ?
Well I supposed she did a good job at closing useless properties and refocusing the overall strategy of the portal. I believe this was long overdue. Also a great idea was to hire Blake Irving. Well, let’s see what happen.
From 247wallst.com :
Carol Bartz, the CEO of Yahoo! (NASDAQ: YHOO), is supposed to be fired this week, this month, or later this year, according to a number of media outlets. The reason is that Yahoo!’s stock price is down this year. It is down, but only by a about as much as Google’s (NASDAQ: GOOG) or Microsoft’s (NASDAQ: MSFT). Bartz is supposed to have done a bad job as chief of the portal company, but that may not be true at all. She has been criticized for having a poor relationship with the management of Alibaba, a large Chinese internet company. Yahoo! owns 39% of the mainland-based firm. Analysts speculate that this stake may be worth $10 billion and argue Yahoo! should sell it. That only makes sense if the Yahoo! board does not believe it will increase in value. It is hard to see why it matters what Alibaba thinks about Bartz at all.
