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
Interesting… people are questioning whether or not the current Facebook CEO / Founder is capable of running a (potential) $100 billion company? Granted, that might seem like a fair question; however, two additional perspectives are worth (at least) offering: 1) It’s not like there’s a school for training such expertise; 2) After the ‘experts’ at JP Morgan tanked $2 billion in speculative training just this week (clearly demonstrating that little if anything was learned from their / Wall Street’s antics that brought on much of the world’s current economic malaise) it’s curious that the mainstream media has decided to raise this issue…
(Source) Herald-Tribune: http://goo.gl/hZgLY
Rumor has it that Apple is going with an in-house (3D) map application… which, if accurate / true essentially means that Google Maps will no longer be used…
While they’ll in all probability be a lot of speculation (putting it mildly) perhaps this is a shot across the bow (i.e., a way to get back at the firm’s reported and since broken promise to not enter the Smartphone space?)
(Source) 9 to 5 Mac: http://goo.gl/Kb9zb
It slices; it dices… It’s 67 tools in one… Well, not exactly… Nevertheless, as America and the EU continue to languish behind (aside from the firms therein that attempt to assert their desired dominance / industry standard within this space) a company has come out with a fairly novel approach to embracing a digital wallet…
(Source) CNET: http://goo.gl/YLyRC
Oracle’s loss of their case against Google begs the question… will the company attempt to file another one? Given that upwards of $1 billion in damages were claimed it is highly likely that Larry’s legal team are trying to find another angle to warrant filing another lawsuit.
(Source) Bloomberg: http://goo.gl/3pSYY
Although Yahoo! has established a committee to address the issue of the ‘academic-oversight’ regarding their CEO’s recent hiring and the fall-out therein; it still has not remedied a core issue: he essentially lied about his qualifications (aside from the precedent and/or lack thereof this entire fiasco has / is setting).
(Source) NY Times: http://goo.gl/XBG4x
In light of Facebook’s $1 billion dollar purchase last month… predicting who (if any given firm at all) will be the next acquisition target is anyone’s guess…
(Source) NY Times: http://goo.gl/lwVuR
Today is as good as any day for celebrating!
Alternative (Post) Title: The Hits Just Keep Coming…
Unfortunately, for Yahoo, they are the wrong type of ‘hits’ as the firm’s missteps; distractions; lost mindshare and a whole slew of other issues are what they seem to have become synonymous for now: a former high-flyer that’s been adrift for a long time… One has to wonder if the founders are (still) rueing the day that they turned down Microsoft’s (acquisition) offer?
(Source) WSJ: http://goo.gl/qgggo
