Yahoo is falling apart
It’s kind of sad seeing what has become of Yahoo as of late. It has been in the news for some time as it negotiates on and off again with Microsoft that eventually led to nothing. This did not make too many shareholders happy as they saw perhaps billions (yes billions) of dollars fly away. This created more drama with major shareholders such as Carl Icahn’s attempt to dissolve the board of directors and the head of Yahoo Chief Executive and co-founder Jerry Yan on a stick.
Eventually Yahoo turned to Google as their white knight but that deal (partnership?) turned out to a be a lame ad sense deal . Yahoo might as well have just created a publisher account. Shareholders see this as a ~ $800 Million deal, which pales in comparison to the ~ $12 Billion. Maybe Yang uses a different algorithm?
What is perhaps most interesting is mass exodus of Yahoo execs. What will become of Yahoo?
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Unscientific and unsupported theories on life, sports, tech and all things important to me.
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