4 ms·

This is linkbait. There's only one relevant sentence: > in the same press release, the chairman of Yahoo's board announced that the board is going to "engage o

This is linkbait. There's only one relevant sentence: > in the same press release, the chairman of Yahoo's board announced that the board is going to "engage on qualified strategic proposals" — that is, consider offers to sell the company. Yahoo is not up for sale. With the alarmist linkbait title and the URL "yahoo-marissa-mayer-fail", this is possibly a sting piece with motives other than journalism. I have no political ties to Yahoo (nor Vox) but this is not good reporting.

spaced_out 11y ago
The title is somewhat sensationalist, but there have been articles coming out for months, including from more respected papers like WSJ and NYT, claiming they have info from sources inside the company that there are discussions about selling their core businesses assets. These were of course unsubstantiated, but now Yahoo reports another bad quarter, a bunch of layoffs, and also says this: >The Board also believes that exploring additional strategic alternatives, in parallel to the execution of the management plan, is in the best interest of our shareholders. Separating our Alibaba stake from our operating business continues to be a primary focus, and our most direct path to value maximization. In addition to continuing work on the reverse spin, which we've discussed previously, we will engage on qualified strategic proposals." That does seem like a dodgy way of asking for offers.