The title is total linkbait. "a number of potential options" does not equal "selling" - not to say that's not their intention, but it's a large jump to make.
It seems Yang and co. are progressing on the "defining Yahoo" question - they've determined it's "an internet company."
This "memo" seems more like it was written as a press release. At least, PR-speak abounds. Is it standard practice for large companies to write employee memos as such?
They need to fire everyone. I remember when Yahoo was a solid tech. company - before Google.com. Then they started the spyware shit, and never got out of that mindset.
I wouldn't say that completely, they do have other products that people seem to love. Yahoo mail is still very popular. Yahoo finance is still very popular also. They do have a bunch products they bought that they never seemed to be able to use properly (delicious, the now sold zimbra...) I really think they should have ignored search a few years ago and continued developing products like Flick, delicious, zimbra and other cloud services. They had the engineering talent for it.
Maybe I'm way off but I still think they did do good ideas that they never fully developed.
I remember when Microsoft tried to acquire Yahoo sometime back and how difficult Yahoo played. The company is still profitable to the tune of about $1 billion a year. even with their different properties that are still popular I don't think it's unfair to say the M's future seems uncertain at best. Weighing their options while they're still attractive to potential acquirers is not a bad idea.
I think M already got out of yahoo what they wanted. Why buy the cow when you can get milk for cheap? It appeared like a win-win for both now only if yahoo could execute on their mission to be a great media company...
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[ 3.0 ms ] story [ 30.8 ms ] threadIt seems Yang and co. are progressing on the "defining Yahoo" question - they've determined it's "an internet company."
This "memo" seems more like it was written as a press release. At least, PR-speak abounds. Is it standard practice for large companies to write employee memos as such?
Maybe I'm way off but I still think they did do good ideas that they never fully developed.