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Groupon Says It Ousted Chief Executive

Groupon CEO Andrew Mason

Struggling online deals pioneer Groupon has ousted its quirky founder and CEO Andrew Mason amid worries that people are tiring of the myriad of online restaurant, spa and Botox deals that Groupon built its business on.

 

Woman fired over racist anti-Obama Facebook post

A California woman has been fired from her job as an ice cream store manager after she referred to President Barack Obama with a racial slur on Facebook and wrote “maybe he will get assassinated."

Senh: Yeah, she should be fired. She represents the company, and no one wants a racist as a face for their business.

 

Citi Web Analyst Fired After Lapse

Citigroup fired Internet stock analyst Mark Mahaney amid accusations he leaked confidential information about Facebook's IPO.

 

Bartz resigns from Yahoo board

After being fired, Bartz gave an inflammatory interview to Fortune magazine in which she characterized Yahoo's board as "doofuses" who "fucked me over".

 

Yahoo: Third Point Takes 5.15% Stake; Seeks Board Revamp

And so it begins. After Yahoo this week gave CEO Carol Bartz the axe, the stock rallied on the suspicion on the Street that the company almost certainly has now been put into play, and might not last very long with its current corporate structure.

 

Exclusive: Arrington out at AOL (for real this time)

Exclusive: Arrington out at AOL (for real this time)

It has been a very long week for AOL. And it's about to get even longer. Last Thursday, word leaked that one of its employees, TechCrunch founder Michael Arrington, was launching a venture capital fund that would include an $8 million commitment from AOL (AOL). Then came a more official version via the NY Times, which included positive quotes from both Arrington and AOL chief executive Tim Armstrong.

 

Board: Bartz Failed on Many Fronts

The sudden ouster of Yahoo CEO Carol Bartz wasn't triggered by one specific factor, but rather because Ms. Bartz wasn't reaching a series of performance targets.

 

Google fires engineer in privacy breach

Google confirmed on Tuesday that it fired an employee earlier this year for violating its policies on accessing the accounts of its users.

 

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