This is how bad the US stock Market reacted for the
Yahoo-Google Deal
Monday, June 16, 2008
Yahoo is now Damaged Goods !
I read this really good article in "New York Times" today. Thought it was very apt, given the current problems in Yahoo. I just have to add one more thing. This Yahoo story is an important lesson all the giants in Internet business like Google, Facebook, etc should learn. Remember, Yahoo was worth 100 Billions once. It was once the coolest company, like Google is today. www.yahoo.com was widely regarded as the "world's most visited website". Not anymore.
This is how bad the US stock Market reacted for the
Yahoo-Google Deal
This is how bad the US stock Market reacted for the
Yahoo-Google Deal
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2 comments:
Good post da. But I think yahoo is still the most visited website in terms of numbers from comScore and Alexa but I still think the only way Yahoo can save its fledging business is by hiring a new CEO and also going back to the table with Microsoft. Then, we have an interesting proposition with Google and Microsoft married through Yahoo :)
@ Mahesh
macha, Google-Yahoo-Microsoft cannot happen. The current deal has a clause which prevents that. And also, yahoo will have to pay a fine of 250 Million dollars, if they plan to leave this deal and begin talks with Microsoft.
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