Highlights from Carol Bartz's Speech at BofA/ML Tech Conference (YHOO)

June 3, 2009 1:47 PM EDT
Speaking at the Bank of America and Merill Lynch U.S. Technology Conference currently being held in New York City, Yahoo!'s (Nasdaq: YHOO) CEO, Carol Bartz, made some interesting comments related to the company's operations:
  • Yahoo! users on the site to search
  • when she arrived at the company, there was "kind of a mess" with management
  • Yahoo! has "way too much" infrastructure
  • too much red tape in its legal and infrastructure departments
  • Yahoo! has not missed its chance in online video as this is "just beginning"
  • Yahoo! has a new homepage coming in the fall, which includes tweets
  • looking to boost "relevant" ads on the Yahoo! homepage
  • ad sales remain "tough"
  • says China won't let non-China company rule the Internet
  • sees best play riding fortune of Alibaba, but trying to re-buy Alibaba makes no sense
  • sees "no reason" to get out of Alibaba stake
  • needs to get "right" data in ad deal
  • has a 57% share of the search market in Japan
  • a Search business sale would save at least $500 million
  • Microsoft's (Nasdaq: MSFT) Bing is unlikely to change user habits
  • a Hotmail, Yahoo! email combo wouldn't be allowed by regulators
  • Yahoo! doesn't have to do anything with Microsoft
  • "would be better off" if it never heard of Microsoft
  • a potential search deal with Microsoft is "like me trying to buy Office" from Microsoft

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