In 1992, I was diagnosed with breast cancer – days after I started as CEO at my last gig at Autodesk.

I feel lucky to be here sharing this with you today.

But many women are not so fortunate. The effects this disease has on those diagnosed are devastating. It’s a horrible, gut-wrenching experience, physically and emotionally. And we’re still losing the battle. Breast cancer affects 1.3 million women every year – far too many mothers, grandmothers, sisters, cousins, aunts, friends and co-workers.

That’s why this month, Yahoo! is getting involved. Some companies let you send in yogurt tops for donations or ask you to contribute at the cash register (all worthy efforts), but we wanted to do something only Yahoo! can. So we’re teaming up with the National Breast Cancer Foundation (NBCF). For each person who updates their pink ribbon status on Yahoo! Shine and Yahoo! Mail this month, we’ll donate $1 to the NBCF (up to $50,000).

The donations will go toward free mammograms for uninsured women, in the hopes that they can benefit from early diagnosis and treatment as I did. It’s a simple way to raise awareness and empower our community of users to make a positive impact in the fight against breast cancer.

I’ve updated my status… have you?

Carol Bartz
CEO

Photo from scrapbooklady

While you’ll read a lot about why this is good for our business and for advertisers, I want to talk about what’s in it for you -– the Yahoo! fan.

Here’s the rundown:

• Better search: You’ll still find search boxes all across Yahoo!, but this deal will make the difference between a great Yahoo! search experience and an awesome one. Some of the biggest brains in the business work on Yahoo! Search, and they will continue to innovate to create a better search experience on Yahoo!. As a result of the deal, Microsoft, which has great technologists and deep pockets,will have the scale to bring users faster, more useful and more personally relevant search.
• Better everything else: With Microsoft powering Yahoo! Search, we’ll be able to focus on the things we do best -– being the center of people’s lives online with properties like our homepage, mail, finance, news, sports, entertainment, mobile, etc. Sure, we’re the world’s largest online media company and your loyalty has made that possible. But we’re not satisfied – we still want you to say “wow” a lot more often. And that’s what makes this deal especially exciting.
• Better competition: Competition equals innovation. But with one player dominating 70% of search, that field has been pretty lopsided. This transaction will create a healthy competitor that’ll keep everyone on their toes.

In short, everything’s just going to get a whole lot better for you.

And one final note — what this agreement does not cover is any of Yahoo!’s other properties or products. In those areas, Microsoft can expect a fierce competitor.

We’ve set up a special site, www.choicevalueinnovation.com, that answers your questions.

Carol Bartz
CEO

I’ve been on a whirlwind tour for the last six weeks, talking with everybody from executive leaders to the guys who configured my laptop. I’ve been in student mode, slowly getting smarter about what makes this place tick. And most recently, I’ve been gathering information on what it’s going to take to get Yahoo! to a great place as an organization –- and one that brings you killer products.

People here have impressed the hell out of me. They’re smart, dedicated, passionate, driven, and really nice. There’s so much great energy and frankly lots of optimism. But there’s also plenty that has bogged this company down. For starters, you’d be amazed at how complicated some things are here.

So today I’m rolling out a new management structure that I believe will make Yahoo! a lot faster on its feet. For us working at Yahoo!, it means everything gets simpler. We’ll be able to make speedier decisions, the notorious silos are gone, and we have a renewed focus on the customer. For you using Yahoo! every day, it will better enable us to deliver products that make you say, “Wow.”

I’ve noticed that a lot of us on the inside don’t spend enough time looking to the outside. That’s why I’m creating a new Customer Advocacy group. After getting a lot of angry calls at my office from frustrated customers, I realized we could do a better job of listening to and supporting you. Our Customer Care team does an incredible job with the amazing number of people who come to them, but they need better resources. So we’re investing in that. After all, you deserve the very best.

We’re also leaning on this team to make sure we’re all hearing the voice of our customers (consumers and advertisers). I’m singularly focused on providing you with awesome products. Period. The kind that get you so excited, you have to tell someone about them. Whether on your desktop, your mobile device, or even your TV.

And that takes a real understanding of what you want/need/love/hate, how you’re using our products, and what you find simple, intuitive, easy and fun. Who wants innovation for innovation’s sake if it doesn’t make your life easier, more efficient, more productive? So expect us to hear you better and take better care of you.

Finally, a note about our brand. It’s one of our biggest assets. Mention Yahoo! practically anywhere in the world, and people yodel. But in the past few years, we haven’t been as clear in showing the world what the Yahoo! brand stands for. We’re going to change that. Look for this company’s brand to kick ass again.

Big thanks to the many of you who’ve reached out with positive comments. It’s clear people want Yahoo! to succeed. I’ll try to pop by here again soon, though probably not too soon. I have a pretty long to-do list.

Carol Bartz
CEO