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Wednesday, April 7, 2010 as of 11:14 AM ET

Carol Bartz

Carol Bartz

Carol Ann Bartz (born August 29, 1948) is an American business executive, the former president and CEO of the Internet services company Yahoo!, and former chairman, president, and CEO at architectural and engineering design software company Autodesk.

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Alibaba Buys Back 20% Stake Held by Yahoo

Chinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.

1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing.Under the agreement, Yahoo will sell half its stake in Alibaba for at least $6.3 billion in cash and up to $800 million in new Alibaba preferred stock. The deal, announced in a joint statement on Monday, caps years of often acrimonious talks over how Alibaba could reclaim some or all of the 40 percent stake that Yahoo bought for about $1 billion in 2005.While Alibaba founder Ma had a strong personal rapport with Jerry Yang, Yahoo's co-founder who led the initial investment in Alibaba, ties between the two firms soured when Yang was ousted and replaced as CEO by Carol Bartz.Relations were also complicated by a spat over the Chinese group's payment unit Alipay, and Yahoo's attempt to appoint more directors at Alibaba. Negotiations over a complex deal for Ma, who owns close ...

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  1. Yahoo Scandal Fuels Doubts About CEO Vetting

    As little white lies continue to find their way onto resumes, investors and shareholders are questioning whether the vetting process on potential employees -- especi...

  2. Third Point Demands Yahoo CEO Hiring Documents

    Activist hedge fund Third Point, which has called for the ouster of Yahoo Inc Chief Executive Scott Thompson for padding his resume, formally demanded in a letter th...

  3. Shareholder Questions Yahoo CEO's Academic Background

    Yahoo (NASDAQ:YHOO) activist shareholder Third Point questioned the educational credentials of the tech giant's chief executive, Scott Thompson, on Thursday and urge...

  4. Payne: Be Careful With Celebrity CEOs

    FBN's Charles Payne argues you should use caution when investing in companies that have celebrity CEOs.

  5. Yahoo's 1Q EPS Handily Tops Views, Shares Edge Higher

    Yahoo (NASDAQ:YHOO) revealed late Tuesday a surprising 28% increase in first-quarter profit that trumped Wall Street expectations, as ad sales improved in its search...

  6. CEO Sketches Out New Yahoo, Vows Business Refocus

    Yahoo Inc CEO Scott Thompson unveiled details of how the struggling Internet company will be reorganized, addressing employees just days after unveiling the deepest ...

  7. Yahoo Chops 2,000 Jobs

    Yahoo (NASDAQ:YHOO) on Wednesday confirmed plans to cut 2,000 jobs, or 14% of its workforce, in an effort to lower costs as part of an ongoing restructuring.The move...

  8. Facebook Fires Back at Yahoo with Patent Counterclaim

    Social-networking giant Facebook filed a counterclaim against Yahoo (NASDAQ:YHOO) on Tuesday, firing back against the struggling Internet company's patent claims.In ...

  9. Yahoo Shareholder Urges Peers to Vote for Fresh Directors

    Yahoo (NASDAQ:YHOO) activist shareholder Third Point pushed for the nomination of four board members by filing on Wednesday a proxy statement ahead of the company’s ...

  10. Web Wars: Yahoo Sues Facebook

    Yahoo Inc (NASDAQ:YHOO) sued Facebook Inc over 10 patents that include methods and systems for advertising on the Web, opening the first major legal battle among big...

  11. Super Tuesday Not So Super on Wall Street

    U.S. stock futures are down sharply on this Super Tuesday , with the Dow poised to open lower by more than 100 points.  Believe it or not, the Dow has not yet had a ...

  12. Yahoo May Lay Off Thousands in Massive Restructuring

    Yahoo (NASDAQ:YHOO) is reportedly planning a massive restructuring that may include thousands of layoffs as the struggling media company that was once at the pinnacl...

  1. GM: Facebook Ads Have Little Impact on Consumer Car Purchases

    FBN's Dennis Kneale weighs in on Facebook’s ad problem.

  2. Ex-Yahoo CEO Leaves Without Severance

    Yahoo Inc. (YHOO) said Monday that Scott Thompson, its recently deposed chief executive, is leaving without receiving severance pay, though he will keep what are kno...

  3. Yahoo investors applaud change, fear limbo

    Yahoo Inc's new interim chief executive is a signal to Wall Street that the company is returning to a media-centric strategy, even as the its weekend deal with activ...

  4. Yahoo's CEO Reboots Over the Years

    From resume fluffing to corporate trash-talking, Yahoo's (NASDAQ:YHOO) certainly had its share of interesting characters steering the tech ship.  Here's a look at th...

  5. Business Leaders: Yahoo's Ross Levinsohn

    Name: Ross Levinsohn Born: 1964 Company: Yahoo Position: Interim CEO Previous role: Executive Vice President and Head of Global Media for Yahoo Education: BA from Am...

  6. Yahoo Shares Rise Despite Concerns About Strategy

    Yahoo Inc (NASDAQ:YHOO) investors welcomed the appointment of a media veteran as interim chief executive of the Internet company even as analysts worried that the co...

  7. Yahoo CEO out, investor Loeb gets board seats

    Yahoo Inc is replacing its CEO for the third time in as many years, and giving three board seats to a hedge fund led by Daniel Loeb, putting him in a strong position...

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