• The Wall Street Journal, Friday, June 26, 2009 11:14 AM

At an investors meeting on Thursday, Yahoo CEO Carol Bartz said the company had "nothing to say" about a possible search deal with Microsoft. "If we ever have a deal with Microsoft, it will be announced publicly and until we do, we have nothing to say." Earlier this week, Microsoft CEO Steve Ballmer said the software giant was still open to a partnership with Yahoo but he didn't elaborate. According to The Wall Street Journal, Bartz has sent "mixed signals about a deal" during recent conference appearances.

At the investors meeting, Bartz also laid out her plan to turnaround the struggling company. This includes "retooling Yahoo's products while keeping a close eye on costs." Among the products that will be overhauled are Yahoo's homepage and email service; Bartz said a new design for the former will go live this fall, and that the company was continuing to look at other products to "shut down, repair, or outsource."

Read the whole story at The Wall Street Journal »