Yahoo is considering selling off its core Internet business

TECHi's Author Lorie Wimble
Opposing Author Nytimes Read Source Article
Last Updated
TECHi's Take
Lorie Wimble
Lorie Wimble
  • Words 89
  • Estimated Read 1 min

Initially, many people were confident that former Google executive Marissa Mayer would be able to turn things around for Yahoo as its CEO and President, but after three years of little progress, people are starting to lose hope, including the company’s board of directors. Apparently, the board is discussing potentially selling off Yahoo’s core business this week. The discussions come at a time when Yahoo has failed to introduce any successful products for years, and when most of the company’s value comes from its foreign investments.  

Nytimes

Nytimes

  • Words 192
  • Estimated Read 1 min
Read Article

The board of Yahoo will discuss potentially selling off the beleaguered Internet company’s core business during a series of meetings this week, people briefed on the plans said on Tuesday. Directors of the company will also discuss whether to move forward with plans to spin off Yahoo’s 15 percent stake in the Alibaba Group, the Chinese e-commerce giant. The board will weigh all its options, and it is unclear whether the directors will change course, said the people, who spoke on the condition of anonymity because they were not authorized to publicly discuss the plans. Still, the discussions — which will take place at a regularly scheduled board meeting — highlight the difficulties that have long troubled one of the most prominent Internet companies. The discussions are also sure to put attention squarely on Marissa Mayer, Yahoo’s chief executive, and the company’s direction under her leadership. Although Ms. Mayer is credited with stabilizing the company, which was in rapid decline, Yahoo has introduced no breakthrough products during her three years at the helm and has fallen further and further behind competitors like Facebook and Google in the battle for advertising dollars.

Source

NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.

Balanced Perspective

TECHi weighs both sides before reaching a conclusion.

TECHi’s editorial take above outlines the reasoning that supports this position.

More Two Takes from New York Times

Fiat Chrysler and Google are creating a fleet of autonomous minivans
Fiat Chrysler and Google are creating a fleet of autonomous minivans

Fiat Chrysler is lagging behind the rest of the automotive industry when it comes to autonomous vehicle development, and CEO Sergio…

China wants to build floating nuclear power plants for its new islands
China wants to build floating nuclear power plants for its new islands

I'm sure you've heard about that man-made island chain that China has built in the South China Sea, the one…

Many of Apple’s engineers would rather quit than assist the FBI
Many of Apple’s engineers would rather quit than assist the FBI

Apple's leadership stands behind the company's decision to fight against the government's demands to break the iPhone's encryption, and it…

Obama has finally spoken out about the encryption debate
Obama has finally spoken out about the encryption debate

Ever since Apple refused to assist the FBI in breaking through the iPhone's encryption last month, the United States has been…