The internet company Yahoo fired its CEO, Carol Bartz. The woman had taken over two years ago and led efforts to steer the company away from its original purpose search engine to a more personalized content.
However, a correspondent that indicates that the company, which once enjoyed a prominent position in the Internet business, has been eroded by competition and Carol Bartz has been unable to transform the company.
The value of Yahoo shares remain more or less the same level it was when the executive took office two and half years ago.
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