The news of Yahoo has not been good of late. A patent lawsuit against Facebook turned tech commentators against the company. And then Yahoo announced a massive 2,000-person (14 percent) staff layoff.
Is it all part of a new Yahoo strategy? We'd all like to hope so, but new CEO Scott Thompson has not revealed how these moves serve a broader purpose.
Where does Yahoo go from here? Can it bounce back? Can it co-exist with Google, Facebook, and the rest of the Web?
Our guests today are:
- Charles Cooper, executive editor at CNET News.
- Kara Swisher, co-executive editor of All Things Digital.
Reporters' Roundtable Ep. 118: The big mess at Yahoo
[0:30] Intro video.
[2:00] Guests introduced.
[2:20] Where did Yahoo go wrong? (Kara Swisher)
[3:00] Yahoo's "going showbiz" adventure (Charles Cooper).
[3:45] What happened with Yahoo's founders?
[4:30] What is Yahoo?
[6:00] Where Yahoo is successful today (Kara).
[6:50] Discussing Yahoo's core businesses vs. its outlier products.
[7:45] Why the layoffs were inevitable.
[8:25] Yahoo's core business: Media
[9:00] The "shuffling the deck chairs" discussion.
[10:00] Who is this new CEO, Scott Thompson?
[12:30] Is Yahoo going to get broken up into pieces? Or sold?
[14:10] We discuss the Yahoo/Facebook patent suits. (Wow, bad timing.)
[17:00] Can Yahoo rise again? (Yes, Kara says.)
[18:20] Yahoo's crisis of leadership; the employees deserve better.