A Yahoo! (YHOO) CEO must focus on mobile: It’s all that’s left
Posted by: admin in Stocks NewsFiled under: Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), Time Warner (TWX)
News reports are emerging that the search for a Yahoo! (NASDAQ: YHOO) CEO is coming to a close.
According to The Wall Street Journal, “Among candidates still under consideration is Carol Bartz, the former chief executive officer of Autodesk. a publicly traded company that builds design software used in engineering.” But that is purely a guess.
The issue over who is chosen is not as important as what the person does in the first few months. Perhaps the primary goal would be to keep key executives from walking out the door. Because no one has articulated what the web portal’s long-term plans are there is little reason for people who can get other jobs to stay.
The first option for the company might be to sell its search business to Microsoft (NASDAQ: MSFT). Redmond may no longer be interested, and Yahoo! would be giving up its one strategic asset–that it is No. 2 in search behind Google (NASDAQ: GOOG). Without that, it is just another website.
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A Yahoo! (YHOO) CEO must focus on mobile: It’s all that’s left originally appeared on BloggingStocks on Fri, 09 Jan 2009 12:45:00 EST. Please see our terms for use of feeds.











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