Yahoo's Mess

It is like a soap opera at Yahoo. Just recently, the CEO Carol Bartz was fired over the phone (this is quite an indication of how people at treated in the company). Now a major shareholder Daniel Loeb is appealing to the company co-founder Jerry Yang to sack Chairman Roy Bostock. This appeal, however, is not that personal if it is known to the media.

Apparently, the company is in a mess. And this also shows. Just look at the assembly of sites the Yahoo is today. True, many of the services and information provided by the company are still in demand. However, there has been very little progress in the company's development over the past ten years. At the turn of the century, Yahoo was a flagship internet company. Today it is still big in terms of size, but relatively mediocre compared to the current innovators.

Size should be an advantage (because economies of scale, bargaining power, etc.), but, apparently, not at Yahoo. Instead of growing its empire, it should have rather concentrated on innovation and perfection of existing services. They have many things but do not seem to be an undisputed leader in any of them. What is troubling even more is the bugs and glitches you see in their applications. That means that they do no have time or desire (or both) to perfect their products. With such attitude, they risk disappearing from the internet landscape, which changes very rapidly.