Fourth Quarter Loss
Posted by AskSuperZJan 27
Fourth Quarter Loss!
One of my favorite companies to blog about is Yahoo Inc. I think I think to blog about Yahoo is because there’s always so much drama with them. If it’s not their former CEO and co-founder Jerry Yang in the news it’s about something else. It seems that Yahoo can’t stay out of the news. It’s been well over a year and it seems where still talking about Yahoo selling to Microsoft. I really don’t think this deal is ever going to happen. Microsoft really did try to get Yahoo for a steal. And if Yang didn’t chase them away like he did Yahoo would be gone right now. Microsoft would have taken over Yahoo’s search technology and companies other services with their own. Anyway, Yahoo lost a lot of money in the 4th quarter, but they did much better than analysts had expected, which is a good sign. Anytime a company that survives a recession like we’re in right now will become a stronger business down the road. And I’m sure Yahoo’s new CEO Carol Bartz will make the changes to make Yahoo stronger. She has said she’s not going to sell the company to Microsoft, but would consider selling their search business to them. But I get the feeling that she might not even want to do that. Hopefully she will keep the business together and become what they once where.
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