Yahoo's dysfunctional turnaround efforts have morphed into a Silicon Valley soap opera, one that has taken another strange twist with the Internet company's ousting of CEO Scott Thompson just four months after his arrival.
SAN FRANCISCO (AP) -- Yahoo's dysfunctional turnaround efforts have morphed into a Silicon Valley soap opera, one that has taken another strange twist with the Internet company's ousting of CEO Scott Thompson just four months after his arrival....
By Helix Investment Management:Yahoo! (YHOO) is Silicon Valley's soap opera. Constant leaks to the press, a constantly shifting focus, and a revolving door in the C-suite make Yahoo! unlike any other major company in the Valley. However, Yahoo!'s newest CEO, Marissa Mayer, is the best chance yet that the company has for revitalizing itself, and we think that the company's stock is a buy on the back of this development.
Boston bombing suspects Tamerlan and Dzhokhar Tsarnaev are exactly the kind of immigrants Silicon Valley wants to hire, and is pushing Congress to legislate immigration reforms in favor of. This is potentially a big problem for skilled immigrants looking to come to the U.S., or companies looking to hire skilled workers from overseas.
By Joel West: After turning down Microsoft's (MSFT) $31/share purchase offer four years ago, Yahoo (YHOO) shares quickly gave up 25% of their value. Since the post-crash recovery began three years ago, the NASDAQ index is up 80% while YHOO has gone exactly sideways at $15.