The value of Yahoo has plummeted from $47 billion (it's selling price in 2008) to $17 billion (it's selling price as of now).What does this tell people like you and me?
Yahoo is not longer an technological innovator, that's what it tells us. This former super power, once a contender alongside Google, is failing and has been giving away things like their search option through a partnership with Microsoft's Bing. Throughout the years, the multiple features that have made Yahoo usable to the public, are declining in usability and necessity.
Yahoo is in desperate need of someone to bail it out of the hole that it's in. With little improvement in past years, due to the super power that is Facebook (among others), there is seemingly no other option.
This is such a weird realization for me. Yahoo has been around for as long as I can remember. The effect that this "bail out" will have is not really determined, but it's safe to say that the sixth time is probably not going to be the charm for this organization.
http://money.cnn.com/2011/09/07/technology/thebuzz/index.htm?hpt=te_bn8
http://cnnmoneytech.tumblr.com/post/9899051363/a-brief-history-of-yahoo
http://postcards.blogs.fortune.cnn.com/2011/09/08/carol-bartz-fired-yahoo/?iid=Popular
I have been wondering about Yahoo. It seems cumbersome to use. It seems to give information that is not really information- it seems like 6th grade news stories just thrown all over the web. I don't hear of anyone talking about Yahoo, either. Interesting. I am glad you blogged about this. Thanks!
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ReplyDeleteWow! Yahoo is throwing in the towel. Yahoo seems like it has been around forever. It was one of the first IM (instant messaging) sites that I used. Although quickly overtaken by MSN, Yahoo was an innovator for me. I used it for everything and knew nothing else back in elementary. It is too bad that Yahoo has to go out like this. Especially when they are taking a 30 billion selling price cut. I would like to thank Yahoo for everything that it was and did!
ReplyDeleteFor me Yahoo has always been second ranked to Google. And i am surprised has taken so long for them to be put in this hole. Yahoo needs to step up its game or in 5 years it will be history. Yahoo was never a big part of my internet life although it was the start but as soon as i found Google it was over. This whole article and blog i find quite amusing since me and my mom have been having this argument Me representing Google and my mom a die hard Yahoo user. This proves... I am right.
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