Yahoo Still Lost – CEO Explains
I know that you probably do not enjoy annual meetings of companies. These meetings for even the hottest company can easily be surpassed on the excitement scale by watching paint dry while blindfolded competitions. Yahoo’s recent annual meeting was nothing of the sort if you read between the lines. Fortunately both Businessweek and the WSJ liveblogged the whole deal a few days ago. After reading and comparing notes from the around the internet, we have the dirty bits for you to read.
Let’s start with search: Yahoo is screwed. Quick, what does BOSS stand for? Yeah, I thought so. That is one of Yahoo’s largest pushes on the search front Carol Bartz (CEO) brought up. Even more, Yahoo will not be working with Google on search, period. Something about the government disliking the move. Or put more carefully: we are not in a position to fight this, and Google is not going to pick a fight with regulators over a deal with us. We are alone, and our search offerings will continue to be third rate.
In regards to the small and unused bits of the Yahoo-verse that waste money, Carol …
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