As Yahoo’s latest CEO (four in five years) gets the hook (albeit self-inflicted) an obvious lesson still eludes the firm: their strengths are / were media not technology. However, being that they’re located in Silicon Valley that’s a tough sell… yet, if you look at Facebook they’re also essentially a ‘media’ company. The main differences are: one) Self-created versus syndicated content; two) They know / accept this versus denying it!
(Source) Information Week: http://goo.gl/UNSG5