Yahoo CEO Defends Strategy

11:10 AM -- Yahoo Inc. (Nasdaq: YHOO) has at least one accomplishment to be proud of this year. Its CEO, Carol Bartz, told TechCrunch's Michael Arrington to "@#$% off."

When Arrington suggested that Yahoo's growth lagged compared to competitors, she responded, to the glee of the audience and the seeming befuddlement of Arrington:

    Steve Jobs came back to Apple in 1997 -- the iPod came out four years later. Three years after that is the first time his market cap grew. It took seven years. I've been here a few months. Give me a break. You are involved in a very tiny company... It probably takes you a long time just to convince yourself what the hell to do. So I don't want to hear any crap about something magical that the fine people of Yahoo are supposed to do in this short amount of time. So @#$% off.

She added, "And that one I meant."

A great show, for sure, but some still have concerns about Yahoo's direction as it outsources its personals to Match.com and forms a joint venture with Nokia for its email, instant messaging, and maps.

But what the @#$% do they know?

In other news:

  • The new version of Apple Inc. (Nasdaq: AAPL)'s iPhone will offer video chat and will be advertised through a series of commercials by Oscar-winning director Sam Mendes, tech blog Engadget reports.

  • Under new terms of service Twitter Inc. released yesterday, the site will finally begin drawing revenue from startups and publishers that sell ads against its Tweets. "When we're talking about cases where Twitter is clearly a key component of how a page is monetized, we need to have a commercial relationship," Twitter COO Dick Costolo told MediaMemo.

    — Erin Barker, Digital Content Reporter, Light Reading Cable

  • digits 12/5/2012 | 4:35:00 PM
    re: Yahoo CEO Defends Strategy

    Staff/investors will be loving that... NOT!! I'd be scared if the CEO of a company I worked for/invested in got that narked in that situation.

    At the same time - 10 out of 10 for entertainment...

    DCITDave 12/5/2012 | 4:34:56 PM
    re: Yahoo CEO Defends Strategy

    In other news, Yahoo has a strategy to defend.

    Pete Baldwin 12/5/2012 | 4:21:18 PM
    re: Yahoo CEO Defends Strategy

    AOL + private equity are considering a bid for Yahoo, The WSJ is reporting today (Oct. 13).

    Bought by AOL.  Oh, the ignominy.

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