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"I am very sad to tell you that I've just been fired over the phone by Yahoo's Chairman of the Board. It has been my pleasure to work with all of you and I wish you only the best going forward. Carol / Sent from my iPad" -- former Yahoo CEO Carol Bartz (TechCrunch)
Photo: Daniel Acker/Bloomberg
* Yesterday afternoon, the blogosphere went into a tizzy when All Things D broke the news that Yahoo (YHOO) chief executive Carol Bartz had been fired. Company CFO Tim Morse will serve as interim CEO until a permanent replacement is found. (All Things D via CNNMoney)
* Meanwhile, TechCrunch founder Michael Arrington called for AOL to make one of two moves after his new venture capital fund, Crunch Fund, came under scrutiny: reaffirm TechCrunch's editorial independence or sell the blog back to its shareholders. (TechCrunch)
* Hulu is reportedly deliberating over bids from Amazon (AMZN), Yahoo, and the Dish Network (DISH), but it's also weighing a bigger offer from Google (GOOG), which may be asking for more than the free video-streaming service originally put on the table. (Details remain vague.) (All Things D)
* Groupon might delay its initial public offering, or IPO, because of the stock market's volatility. (The New York Times)
* Nvidia (NVDA) CEO Jen-Hsun Huang predicts the chipset company's revenues will grow tenfold to $20 billion by 2015. (CNET)
* Conde Nast is spinning off Reddit as a standalone operation. (BetaBeat)
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A curated selection of the day's most newsworthy tech stories from all over the Web.
As reported a week ago, MySpace intends to lay off 50%, or between 550 and 600, of its staff today under the guise of restructuring and shedding legacy business divisions. Afterwards, it's expected the struggling social network-turned-entertainment hub will look at sale options. Some possibilities: being picked up by a private equity buyer or even being MORE
JP Mangalindan, Writer-Reporter - Jan 11, 2011 6:00 AM ET
Intel agrees to a huge licensing deal that pays graphics powerhouse Nvidia handsomely. But, it's not exactly a thaw in their cold war.
Image via CrunchBase
After canceling a Dec. 6 trial date to hash out lawsuits they had pending against each other, chipmakers Intel (INTC) and Nvidia (NVDA) announced a new six-year agreement Monday. The agreement gives Intel access to the full-range of Nvidia's patents for graphics chips, which it MORE
Michael V. Copeland, Senior Writer - Jan 10, 2011 6:08 PM ET
Is the speedy dual-core CPU enough to act as a good netbook as well as a phone?
A few years ago Palm introduced the idea of using a smartphone as the brains of a netbook with their Foleo product. The Foleo was a ARM-based netbook (though it actually pre-dated netbooks) that would sync itself with Palm Treos which would then send information to the Internet. At the time, Palm was in MORE
Seth Weintraub - Jan 5, 2011 11:36 PM ET
Coolest thing so far at CES, and it isn't a tablet: the Motorola Atrix, a souped-up 4G smart phone that doubles as the engine for a notebook/netbook running Android. But ask the Motorola Mobility gang (they spun off from Motorola and went public on Tuesday) if they are now building laptops and they get coy. "We are blurring the lines," says Alain Mutricy, SVP for mobile devices, "but we are MORE
Michael V. Copeland, Senior Writer - Jan 5, 2011 10:28 PM ET
A round-up of the companies, deals, and trends that made headlines.
Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the morning's most newsworthy bits below.
Facebook founder and CEO Mark Zuckerberg granted The New Yorker unprecedented access for a profile in the latest issue. Among the revelations: Zuckerberg has 879 Facebook friends, MORE JP Mangalindan, Writer-Reporter - Sep 14, 2010 8:20 AM ET
Apple's A4 chip, which made its debut in the iPad, uses ARM technology. Rumor has it that Jobs & Co. could make a bid for the Cambridge, UK company. Photo: Apple.
Apple is sitting on a heap of cash – more than $40 billion at last count – and the big question has been what the company will do with it. Investors in London this week are buzzing about one MORE
Jon Fortt - Apr 22, 2010 1:09 PM ET
Will Apple's tablet usher in a new era of computing, or simply dominate it?
Apple's iPad, rendered as the monolith from "2001: A Space Odyssey," will be examined and pondered by the rest of the computer industry.
Chipmaker Nvidia is helping invent a slew of cool technologies that hold the potential to change the way we work and play. The company, which makes processors that enhance images and boost the brawn MORE
Michael V. Copeland, Senior Writer - Mar 10, 2010 10:34 AM ET
In the latest installment of Connected, Fortune Senior Editor-at-Large Adam Lashinsky talks with Nvidia (NVDA) CEO Jen-Hsun Huang about his company's strategy for tablets and smartphones, and its ongoing legal battle with Intel (INTC).
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Mason Cohn, Producer - Mar 8, 2010 12:29 PM ET
The chip giant settled with AMD. But another rival is making noise about anticompetitive behavior.
Nvidia's Huang is gunning for Intel. Photo: Nvidia
You'd think Nvidia CEO Jen-Hsun Huang would be happy.
After bumping along as low as $7 a share at the beginning of the year his stock is up near $14. Several months ago Apple (AAPL) began using his graphics chipset – a group of circuits designed to work together MORE
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.95 | -0.16 | -1.97% |
| Intel Corp | 26.73 | -0.43 | -1.58% |
| Microsoft Corp | 31.27 | -0.17 | -0.54% |
| Ford Motor Co | 12.28 | -0.25 | -2.00% |
| General Electric Co | 19.39 | 0.17 | 0.88% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,938.67 | -27.02 | -0.21% |
| Nasdaq | 2,933.17 | -15.40 | -0.52% |
| S&P 500 | 1,357.66 | -4.55 | -0.33% |
| Treasuries | 2.00 | -0.04 | -1.96% |
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