Super poke

12 September 2011 By Rob Cox Follow @rob1cox

Offering Facebook shares to Yahoo owners sounds downright barmy. But Yahoo’s core is just a bunch of apps with a decent display ad business that belong in a social network. Facebook has the traffic, vision and possibly management in Sheryl Sandberg to exploit the assets.

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Context News

(Please note strong language in paragraph 1.)

Carol Bartz is stepping down from Yahoo’s board a week after she was unceremoniously fired over the telephone by the company’s directors, who she said “fucked me over” and described as “doofuses.”

The Internet group, which named an interim management team, is evaluating options that could include a sale or breakup, according to various press reports, and has hired Allen & Co as an adviser.

Among the potentially interested parties in all or parts of Yahoo are the company’s co-founder Jerry Yang, AOL, News Corp, private equity firm Silver Lake and AT&T, the News Corp-owned website AllThingsD reported last week.

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