Yahoo fires Carol Bartz Video
Yahoo fires Carol Bartz Video Transcript
It's Wednesday, September 7, 2011, I'm Wilson Tang on CNET.com and it's time to get loaded. Internet media company Yahoo has fired its CEO, Carol Bartz, according to an e-mail sent in by Bartz to Yahoo employees. She confirmed that she was fired over the phone by Yahoo's Board. Bartz joined the company more than 2 years ago after her well-regarded run of Technology Company Autodesk. She was tasked with turning Yahoo around after its failed acquisition by Microsoft for $44 billion. In the interim, CFO Tim Morse will be running the company while looks for its next permanent CEO and explores its strategic options. Netflix has always had streaming limitation so that one account couldn't be shared with friends and family unofficially that is. In the past, users could stream up to 3 videos at the same time. Now that the company has moved to higher price streaming and DVD rental plans, it seems Netflix is cracking down on users who shared their account. Users over the Labor Day weekend began discovering that watching concurrent streams will now get an air message. Netflix urges customers to upgrade to a $20-month plan that allows for up to 2 streams plus 2 DVDs mailed up. Facebook for the iPhone and iPod touch just got a major update to Virgin 3.5. New features include making easier to share content, the ability to tag friends and places in post, new designs for profiles and group walls and privacy controls for sharing. Also improved are notifications and a number of bug fixes to chat in photos. Apple has begun shipping its previously announced 27-inch Thunderbolt Displays to store and retailers this week. The new Displays as you would expect incorporate Intel's new Thunderbolt port technology and itself has a FaceTime HD camera, speakers, 3 USB ports, a FireWire port, gigabit Ethernet and a second Thunderbolt port. Apples own online store says that new Displays will ship in 2 to 3 weeks. TiVo fans can rejoice as the company has announced today the arrival of its 4-tuner TiVo Premiere Elite where 4-tuner users will be able to record up to 4 programs at the same on its giant 2 terabyte drive. The Premiere Elite will hold up to 300 hours of HD programming and is THX-certified. Additionally, users will get access to streaming services like Netflix, Hulu, YouTube, Blockbuster, and Amazon Instant Video. The new TiVo even adds MoCA networking so that users can use their homes existing coax wiring to network, the Elite. The DVR is expected to cost $499 at retail. Finally, the popular community-curated site Reddit is being spun out from its parent company, Conde Nast sort of. Reddit will now be organized under Conde Nast parent company Advance publications. The site hopes to go back into start-up mode as it now gets 1.6 billion page views a month up from the 700,000 when it was first acquired by Conde Nast. Those are your headlines for today, I'm Wilson Tang for CNET.com and you've just been loaded.
Carol Bartz is out at Yahoo and the stock is up, which has got to hurt. They're still raking in the cash, but shareholders hate nothing more than a plateau. Plus, Netflix swears that at least this time, its jerk move (restricting users to only one stream at a time) was a total accident, and they're definitely not doing that. Promise. Plus, Groupon's IPO roadshow is off and the IPO itself may be off for good, and the Droid Bionic has finally arrived. Hooray!
In a CNET Conversation, Yahoo's CEO, Carol Bartz, talks about her plans to partner with winners, get serious about content, and why she cares more about the world outside of Silicon Valley.
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Carol Bartz's longevity makes her unique in the world of tech. The CEO of Autodesk since 1992, she's moving out of that job to be chairman, and she talks with CNET News.com's Charles Cooper about being a female executive.
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We're back in the bunker, everyone, talking the Japan crisis and its effect on tech supply chains. Plus, bid on the SXSW iPad 2, or if you don't have that kind of cheddar, buy Street Fightr and Sonic for iPhone and the proceeds go to charity. Obama's IP czar wants to make unauthorized streaming a felony, and Netflix throws down in a big way for original content. Plus, Microsoft hits it out of the park with IE9. I know, right? Who'da thunk? --Molly
In Thursday's Daily Debrief, CNET News.com's Kara Tsuboi and Dan Farber discuss the state of the company more than four months after Microsoft's takeover bid. What do all the recent staff departures mean and why hasn't Yahoo better articulated its plan to move forward?
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