Yahoo! Inc. has hired Scott Thompson as Chief Executive Officer, effective on January 9, 2012. Tim Morse will return to his duties as Chief Financial Officer, who was serving as the interim CEO when Carol Bartz was fired. Thompson has also joined Yahoo!’s board of directors. Thompson served most recently as the President of eBay subsidiary PayPal.

Carol Bartz was recently fired from the CEO position at Yahoo! Inc. (NASDAQ:YHOO). Carol Bartz was quoted as saying “These people f**ked me over.” Yahoo! Chairman Roy Bostock called Carol Bartz on her cellphone to fire her. Bartz was in New York speaking at the Citigroup technology conference the next day when she was supposed to call Bostock at 6PM. She called Bostock at 6:06PM and he started reading a lawyer’s prepared statement to fire her.

Carol Bartz has been fired from Yahoo! Inc. (NASDAQ:YHOO) by Chairman Roy Bostock over the phone. Yahoo! EVP and CFO Tim Morse has been appointed the interim CEO as Bartz departs. Shortly after the firing took place, Yahoo! co-founders David Filo and Jerry Yang sent out the memo below:

Earlier this week Yahoo! Inc. (NASDAQ:YHOO) did their Q1 FY2011 earnings calls with analysts. Yahoo! CEO Carol Bartz talked about how there were technical issues with the Microsoft adCenter platform that caused lower than expected revenues.

The White House has uploaded some images on Flickr of President Barack Obama’s meeting with the tech titans of Silicon Valley. This photo symbolizes how the meeting went. The meeting was about how these executives plan to support entrepreneurship, increase exports, and strengthen the economy. The executives in this picture includes:

President Barack Obama is making a trip to Silicon Valley today and is meeting with some major tech CEOs. The names of the executives that he is meeting was revealed by the L.A. Times. The meeting will be about supporting entrepreneurship, increasing exports, strengthening the economy, etc. Below is the list of people that he is meeting:

Yahoo! Inc. (NASDAQ:YHOO) CEO Carol Bartz said that she needs about two more years to do a technology refresh. Bartz has been CEO for about two years now and some people are claiming that she is an ineffective. Some investors are suggesting to hire a new CEO already.

Yahoo! Inc. (NASDAQ:YHOO) has hired Ross Levinsohn as EVP of Americas. Levinsohn will be in charge of advertising sales and partnerships. He will be reporting directly to CEO Carol Bartz. Levinsohn will be stepping down as the co-founder and managing director of equity management company Fuse Capital. Levinsohn was the President of Fox Interactive Media at the time that they acquired MySpace. Before joining Fox, Levinsohn had management positions at AltaVista, HBO, and CBS Sportsline. [CNET]