TECHNOLOGY - Yahoo! Inc. has been playing second fiddle for years now, ever since Google became the hot profitable company.
The problem with Yahoo! is that they haven't really done anything new and exciting for many years now.
They bought Flickr in 2005 and they bought Geocities in 1999 (and cannibalized that website without realizing its true potential since it was a precursor to sites like MySpace and Facebook). Otherwise Yahoo! is so old now its become stale and boring.
Its one of those companies which have now become focused on "trimming costs" in an effort to keep their profit margins slightly higher.
What they should be doing is investing in their ability to make new things, like games and other items. They have been passing opportunities to reinvent themselves and create something new and profitable.
CEO Carol Bartz, who was hired 18 months ago to lead the company out the financial funk it is in. Yahoo!'s global profits from 2009 did total $1.13 billion USD, which is comparable to Google's profits of $6.52 billion USD... and yet Google's stock is valued at 8 times that of Yahoo! Inc.
Microsoft tried to buy out Yahoo! Inc. in 2008 for $49.5 billion USD, but was turned down. At the time they were bidding $31 per share, which is more than twice what Yahoo! stocks are currently worth. And frankly what is the point of investing in an old company that isn't making anything new? Their infrastructure is old and they're not trying to compete and create something new and exciting.
The only going for Yahoo! is its brand name, the fact its been around since 1995 and has a huge network of websites, and the fact it is more popular on a global scale than Google (which is more focused on English-speaking countries).
CEO Carol Bartz would be wiser to expand Yahoo!'s game division, create a popular gaming/social website (or acquire one and make it better). History has shown Yahoo! past acquistion tactics have been to cannibalize other sites, instead of just letting them stand on their own and improving them. Yahoo! needs to change their tactics by making things better. Buying and devouring smaller companies isn't profitable.
And last but not least Yahoo! needs to fix their advertising program. This business of only showing ads to Americans when they operate a global network is like shooting yourself in the foot.
American, Canadian, Toronto & International News Commentary: Spreading Freedom in the Face of Tyranny
July 21, 2010
Subscribe to:
Post Comments (Atom)
Affordable Website Design & SEO
|
Featured Posts
The Sarcasm Symbol
Ever had some confusion online or with your cellphone when someone fails to catch the sarcasm? Well now with the SarcMark you can ge... |
|
Behold, the Scorpion Hydrogen Supercar
CARS - To the right is the future of supercars... it is a hydrogen supercar called the Scorpion. The Scorpion from Ronn Motors in Texas is t... |
|
Documents show Stephen Harper misusing public funds
CANADA - According to 950+ pages of documents obtained by the Canadian Press under the Access to Information Act the Privy Coun... |
|
Pink's Rosie the Riveter
ENTERTAINMENT - What I like about this video is how it meshes different social movements like feminism, veganism, anti-capitalism... |
|
California's Dustbowl
ENVIRONMENT - The photo on the right is a farm in California that has been put up for sale. Its just one of thousands of farms that are n... |
|
Is Steampunk the New Goth???
GOTHIC - Watch out what you see on the subway late at night because while in 2001 you might have seen some pretty freakish goths, by 20... |
|
Do you have enough Ice Water in your diet?
HEALTH - A Calorie (large C) is a measurement of the amount of energy needed to raise the temperature of a litre of water (1 kg's worth) ... |
|
North Korean timeline towards Inevitable War
POLITICS - The following is timeline of events that have occurred on the Korean Peninsula. 1945 - Japan surrenders to the United States a... |
|
Judgment Day is Tomorrow, so sayeth Cult
RELIGION - According to a cult based in California, Judgement Day is tomorrow (May 21st 2011) and Jesus Christ will return to the Earth a... |
|
Sex in Space Forbidden
SEX/TECHNOLOGY - Sex in outer space is a big no-no according to NASA. Not for professional astronauts at least, but the growing numb... |
Popular Posts / Last 30 Days
-
Visit amazon.com/author/moffat to get free short stories and huge discounts on fantasy books by Charles Moffat. Sale ends on October 20th.
-
CANADA - One of Canada's elite commando units, the JTF2 commandos, have returned home to Canada after serving in Afghanistan for almos...
-
And the similarities don't stop there. Hitler and Trump have a lot more in common. The context in which Adolf Hitler was elected is...
-
CANADA - Interesting Fact: Stephen Harper 's Conservative government in Canada has only shown up to work for 14 days between June 1st ...
-
POLITICS - With Kim Jong-Il dead the future of North Korea has become very uncertain. If you haven't heard already, Kimg Jong-Il, th...
-
CANADA - “Harper does not like StatsCan, that’s what we kept hearing,” says a longtime employee of the agency which handles Canada's st...
-
By Ai Lung Nguyen - February 2011. TECHNOLOGY - It really boils down to a battle for market share... Facebook and Google have been conduct...
-
CANADA - Seriously... who was going to vote for a bald guy named Rocco Rossi??? According to polls 4% of Torontonians were thinking of voti...
-
CARS - Nobody ever steals a pink car. According to a Dutch study which compared the colour of cars being stolen, pink is the safest colour ...
-
I just finished watching Sicko (the 2007 documentary by Michael Moore about American health care, or lack thereof) and it is way better tha...
No comments:
Post a Comment
Comments containing links will be marked as spam and not approved. We moderate every comment. If you want to advertise on this blog it is $30 per link.