Struggling internet company Yahoo! has appointed the president of PayPal, Scott Thompson, as its new CEO, replacing the ousted Carol Bartz.
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/ 8 September 2011
The former internet giant is being eaten alive by two upstarts, Google and Facebook with fickle advertisers jumping ship.
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/ 7 September 2011
Carol Bartz has been fired over the phone by Roy Bostock, ending a tumultuous tenure marked by stagnation and a rift with Chinese partner Alibaba.