The debacles continue to mount at Yahoo. After ousting Scott Thompson from CEO, the search begins for the next CEO of the once-mighty web portal and search engine. There are those who would recommend a safe play, someone who won’t make waves and who has a squeaky-clean history (that gets completely verified, of course). This would be a bad move. They already tried that with Thompson. They’re on their last leg to remain relevant as the weight of their sheer size is starting to weigh on a foundation built from poor decisions and bad business practices over the last few years. They made an awful decision…

According to Bloomberg, AOL and Yahoo are reportedly in talks regarding a possible merger. The report comes just three days after the dismissal of Yahoo’s CEO, Carol Bartz. AOL CEO Tim Armstrong says talks have started to gauge interest in a possible merger to strengthen both companies. Armstrong previously expressed interest in a merger with Yahoo, but then CEO Bartz quickly rejected the idea last year. Both AOL and Yahoo were once Internet pioneers, but they have been struggling to compete against the likes of Google, Facebook, and others. These struggles will make a deal unlikely, especially…