Yahoo to Name Software Exec Its New CEO

The job has been something of a career death trap: Analysis

(NEWSER) - Yahoo’s dismissal of Carol Bartz has left Peter Lauria of Reuters with a question: “Why would anyone want to be Yahoo’s CEO?” The place has become a career death trap, with past CEOs like Bartz, Jerry Yang, and Terry Semel emerging with bruised reputations. “They are going to have a lot of trouble filling that job,” said one tech consultant. “Anybody great is not likely to go there.” More»

(NEWSER) - Yahoo today restated its opinion that Microsoft’s $44.6 billion buyout bid underestimates the online giant’s “combination of unique assets,” but for the first time stated publicly the strengths it would bring to the Microsoft merger, MarketWatch reports. In an investor presentation for the SEC, the company argued it would take Microsoft "from sub-scale position to strong positions in search and display." More»

Semel leaves post as tempers flare over poor performance— and sky-high pay

(NEWSER) - Yahoo CEO Terry Semel is out. In a surprise announcement, Yahoo said today that co-founder Jerry Yang will take over from Semel as CEO, who will step down immediately. The embattled Semel, who's been the target of recent shareholder ire, will stick around as non-executive chairman; Susan Decker, former head of advertising, is set to become Yahoo's new prez. More»

She's gone after 30 months of disappointing results

(NEWSER) - Yahoo's high-profile CEO is gone, and it doesn't sound like a happy split. "I am very sad to tell you that I’ve just been fired over the phone by Yahoo’s Chairman of the Board," Carol Bartz wrote in a company email today, according to the AllThingsD blog . After 30 months of lackluster results , Chairman Roy Bostock and co-founder Jerry Yang apparently had enough. They did not name a permanent replacement. More»

Yahoo, Boeing are new entries

(USER SUBMITTED) - TheStreet.com has its least favorite companies listed on its site. It has two new additions and many returning losers. New to its list of the most egregiously poor performers is Yahoo. Both Yang and Bartz are dissed equally. Then there's Boeing—making the F grade for the so far seemingly endless delays in launching the 787 Nightm.., er, Dreamliner. More»