Kara Swisher

Recent Posts by Kara Swisher

Wall Street Likes Bartz’s Firing — Yahoo Stock Spikes on News

Yahoo shares are up more than six percent in after-hours trading, as news of the firing of its troubled CEO Carol Bartz got out (from here, actually).

The stock is at $13.72, up 81 cents so far, as you can see below. It will be interesting to see what happens tomorrow when the markets open.

Bartz and the company confirmed (she in a feisty email) it had let her go after the veteran tech exec could not seem to turn around the Silicon Valley Internet giant.

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik