“Yahoo is not a damaged brand in the eyes of the public,” a spokesperson for YouGov BrandIndex tells WebProNews, pointing to some new research from the firm. As you may know, Yahoo just fired CEO Carol Bartz. She had some…
Suffice it to say, Carol Bartz is a little bitter about how things went down at Yahoo. You’ve probably already seen the now famous email that Bartz sent to Yahoo employees from her iPad, which read, “I am very sad…
Carol Bartz is out as CEO of Yahoo. Her leadership has been sharply criticized for quite some time, and now Yahoo’s board has thrown her out. The company put out a press release called “Yahoo! Announced Leadership Reorganization” in which…
The fourth quarter of 2010 could have gone much worse for Yahoo, judging from the earnings report the company released this afternoon. Yahoo’s numbers were generally higher than what analysts expected, perhaps earning Carol Bartz a few points in unhappy shareholders’ eyes. A low Q1 forecast threw a long shadow, however.
Yahoo has launched the Yahoo Contributor Network, a new platform for people to publish their creative content.
Yahoo says its Contributor Network will bring contributions from more than 400,000 writers, photographers and videographers to media destinations, including Yahoo News, Yahoo Finance, Yahoo Sports and the Yahoo homepage.
The third quarter was not unkind to Yahoo, judging from a just-released earnings report. Yahoo managed to meet or beat analysts’ forecasts in most respects, and its stock is now heading up in after-hours trading as a result.
To hit the highest notes first: Yahoo reported earnings per share of $0.29, which is great compared to the $0.13 it reported in the third quarter of 2009 and compared to predictions of $0.15. (This was possible because the sale of HotJobs contributed $0.13 to the Q3 2010 total.)
Since Carol Bartz became Yahoo’s CEO in mid-January of last year, the company’s performance has been less than stellar. Bartz has still raked in plenty of cash and stock options, though, earning her a place on a list of overpaid CEOs.
When it comes to competitors, Yahoo’s Carol Bartz may not have the usual suspect(s) – Google and perhaps Microsoft – at the front of her mind. The CEO recently indicated in an interview that Facebook occupies her thoughts, instead.
Apple’s official stance on its iAd platform is that it "gives brands what they’ve been waiting for: access to the global audience of iPhone and iPod touch users, enhanced targeting, premium creative and robust measurement." But yesterday, Carol Bartz indicated that the platform’s more or less doomed.
Without mincing words, Yahoo’s CEO predicted during an interview with Reuters, "That’s going to fall apart for them."
Yesterday, Yahoo’s stock hit a new 52-week low, touching $13.79 before closing at $13.84. Things are looking rather brighter this morning, though, as the stock is up to $14.09 following a declaration that Yahoo may buy back $3 billion in common stock.