Bartz, and co-founder Jerry Yang, who are also on the board, did not participate in the vote, the person said. Yahoo has not hired investment banking advisors, but was likely to meet with various firms in the coming weeks, according to the person close to the company. What is the next step for Yahoo?
One wonders if this means that they might be ripe for a takeover. At least three private equity firms had reached out to at least one media firm to gauge acquisition interest two weeks ago, said a second source with direct knowledge of the approaches who declined to be identified because the talks were preliminary.
Yahoo also owns a stake in Yahoo Japan, along with Japanese mobile company Softbank. Bartz slashed costs and cut staff but was unable to revive revenues. Yahoo has now appointed a panel to review the company's options.
The combative Bartz is no stranger to salty language. In a discussion with analysts, she expressed her dissatisfaction with the company's management structure thus: "We had a lot of people running around and telling people what to do, but nobody was fucking doing anything. In an interview with Reuters in , Bartz said her swearing was "honest" language that she used to make a point. If she were male, no one would pay much attention to it, she said.
Asking what she was planning to do next, Fortune's interviewer mentioned her age, Here, four theories: 1. Facebook whistleblower fears metaverse will create new dangers. The method behind Meta's madness. Facebook negatively impacts about 1 in 8 users, per documents. Facebook fallout. Microsoft joins the metaverse madness. Most Popular.
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