Archive for the ‘Yahoo!’ Category

Apple Hires Yahoo!’s Head Of Data Center Operations, Scott Noteboom

Amit Chowdhry | October 23, 2011 | 624 views | Add a Comment
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Apple Inc. (NASDAQ:AAPL) has hired Scott Noteboom, the head of Yahoo!’s data center operations. Noteboom worked at Yahoo! since 2005. Noteboom managed over 10x growth of Yahoo!’s data centers. Apple’s data center operations has been ramping up at a quick pace, especially when they launched the iCloud service. [GigaOM]

Jerry Yang: Yahoo! Has Other Options Besides A Sale

Amit Chowdhry | October 20, 2011 | 308 views | Add a Comment
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Yahoo! Inc. (NASDAQ:YHOO) co-founder Jerry Yang said today that the company board of directors is considering multiple options about what to do with the company. “The intent going in is not to put ourselves for sale,” said Yahoo! co-founder Jerry Yang at the AsiaD conference. “The intent is to look at all the options.” Yahoo! is made of three components: Its core business, Yahoo! Japan (Softbank), and its share in Alibaba.

Yahoo! Reports $1.072 Billion In Q3 2011 Revenues

Amit Chowdhry | October 18, 2011 | 323 views | 1 Comment
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Yahoo! Inc. (NASDAQ:YHOO) has reported their third quarter financials today. Yahoo!’s revenue excluding traffic acquisition costs was $1.072 billion for the third quarter of 2011. This is a 5% decrease during the same time last year. Yahoo! beat Wall Street analyst expectations of $1.09 billion.

Yahoo! CTO Raymie Stata Steps Down

Amit Chowdhry | October 18, 2011 | 393 views | Add a Comment
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Yahoo! Inc. (NASDAQ:YHOO) chief technology officer Raymie Stata has stepped down from the company. Raymie will be replaced by Ash Munshi. Below is a statement from the company:

Leaked Memo From Yahoo! Indicates Company Hired Allen & Co. For Acquisition Help

Amit Chowdhry | September 24, 2011 | 655 views | 1 Comment
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Yahoo! Inc. (NASDAQ:YHOO) recently fired CEO Carol Bartz. To explain the decision made by the board, Yahoo! co-founder Jerry Yang sent out a memo to employees explaining what has been happening at the company. The memo indicates that Yahoo! hired Allen & Company to field “inquiries from multiple parties that have already expressed interest in a number of potential options.” Below is the memo:

AOL, Yahoo!, and Microsoft Partnering On Ads

Amit Chowdhry | September 14, 2011 | 505 views | Add a Comment
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The three rival companies AOL, Inc. (NYSE:AOL), Yahoo! Inc. (NASDAQ:YHOO), and Microsoft Corporation (NASDAQ:MSFT) are partnering with each other on ad sales. The three are partnering in an effort to effectively compete against Google. The three companies are also aiming to gain back ad spending that ended up in the hands of other ad networks.

Carol Bartz: Yahoo “F—ed Me Over”

Amit Chowdhry | September 8, 2011 | 709 views | 1 Comment
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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 Fired From Yahoo! [MEMO]

Amit Chowdhry | September 7, 2011 | 542 views | 1 Comment
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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:

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