It is really hard to be third in a three way race, but that where you find Yahoo these days. Google and Facebook are exploding while Yahoo is burning another 5% of its workforce.
http://online.wsj.com/article/SB10001424052748703727804576018184166348462.html?mod=WSJ_Tech_LEFTTopNews
How could it come to this? Well, the failure to innovate is the prescription to detonate. Yahoo long touted its ad business and easy to gather information as the backbone to a new information revolution. Unfortunately, Google popped in with a information gathering process that was more logical and dynamic and the ad revenue followed.
Are there some good assets at Yahoo, absolutely, they still have one of the best job search sites and their regionally specific information is excellent and unbiased. They spurned Microsoft earlier which tells me they still want to fight the fight. In the end, I always said you can't cut your way to profitability and survive. Yahoo needs to pivot and be very good a one thing (something) again.
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