The Economic Times
Yahoo Inc's new chief executive, Carol Bartz, told employees on Wednesday that her gut instinct is to hang on to the company's search business.
But Bartz also told staff she needs to better understand the pros and cons involved in selling the business, and that she had spoken with Microsoft Corp CEO Steve Ballmer in the past 24 hours.
Yahoo could not be immediately reached for comment.
Bartz's appointment, which was confirmed on Tuesday, paves the way for the Internet company to finally make decisions on its big issues, including a sale or search deal with Microsoft, several analysts said on Wednesday.
Under previous CEO and co-founder Jerry Yang, Yahoo rejected a $47.5 billion buyout offer from Microsoft nearly a year ago. Yang, who then saw an alternative Web search advertising partnership with Google Inc fall apart under US antitrust scrutiny, agreed to step down in November.
Bartz, the former head of Autodesk Inc, provided no details of her conversation with Ballmer.
0 comments:
Post a Comment