• On MovieTome: The next Spider-Man villain?
January 15, 2009 9:35 AM PST

Report: Yahoo CEO questions search sale

by Dawn Kawamoto

Update 10:58 a.m. PST: Added latest stock price and detail from a Wall Street Journal article.

Yahoo's new chief executive, Carol Bartz, has told employees her first inclination is to hold onto Yahoo's search business, but said she needs to delve further into the subject, according to a Reuters report citing an anonymous source.

Yahoo shares dropped as much as 9.6 percent to $11.22 a share in morning trading Thursday.

Bartz, who addressed employees during a companywide meeting Wednesday, reportedly indicated she has already had an informal conversation with Microsoft CEO Steve Ballmer since accepting the Yahoo CEO post, according to a report in The Wall Street Journal.

Ballmer has repeatedly said he believes the best thing for Yahoo and Microsoft is for the Internet search pioneer to transfer its search business to the software giant.

Bartz's comments regarding her initial thoughts about retaining Yahoo's search business is a case of "common sense," a source familiar with Yahoo's thinking told CNET News.

"It's the right thing to say to keep people happy, while you figure things out," said the source, noting it's too premature to determine how Bartz will come out with her final assessment on Yahoo's search business.

Meanwhile, people familiar with Bartz's companywide meeting noted her presentation was straight-forward, charismatic, with a touch of humor, and well received by employees.

While Bartz provided Yahoo employees with some insight into her thinking, she was less willing to go down that path Tuesday, when the company introduced her as its new CEO.

Dawn Kawamoto covers enterprise security and financial news relating to technology for CNET News. E-mail Dawn.

Recent posts from Digital Media
Microsoft moves MSN Video under Bing umbrella
Intel debuts text reader for the blind
Amazon debuts Kindle for PC
Google: Caffeine search is ready to go
Hundreds of Facebook groups hijacked
New Droid ad: The iPhone's a purse
Judge bans Twitter from court
EA picks up Playfish for social gaming push
Add a Comment (Log in or register)
by Mergatroid Mania January 15, 2009 11:33 AM PST
I hardly think that Steve Ballmer has Yahoo's best interests at heart.

This lady should make up her own mind, which looks like what she's trying to do.

Good on her.
Reply to this comment
by January 21, 2009 2:36 AM PST
No comment
Reply to this comment
advertisement

After 5 years, Firefox faces new challenges

Mozilla helped reshape the Web since releasing Firefox 1.0 five years ago. Now it's got a reawakened Microsoft and Google Chrome to reckon with.

There's a map for that: GPS or smartphone?

Almost every handset comes with mapping software these days, but standalone GPS devices are becoming more affordable than ever.

About Digital Media

The Web is now the place to go for news and entertainment. Look here for the latest on blogs, music, video, virtual worlds, social networking and more.

Add this feed to your online news reader

Digital Media topics

advertisement
advertisement

Inside CNET News

Scroll Left Scroll Right