So it seems after years of playing sub-par in the email, homepage, and search engine department Yahoo! finally grabbed some sense and decided to reorganize.
Carol Bartz, Yahoo!’s six week old CEO wrote “Today I’m rolling out a new management structure that I believe will make Yahoo a lot faster on its feet…We’ll be able to make speedier decisions, the notorious silos are gone, and we have a renewed focus on the customer.”
Ever since the previous CEO Jerry Yang denied a $47.5 billion takeover bid from Microsoft, Yahoo! stocks have been trickling to their new low of $13 a share of thrusday. This was not the first attempt of partnership; last year Yahoo! tried to partner with Google, but were denied because of an anti-trust lawsuit.
In some sense, it looks like Yahoo! may try to turn around. Google could use some competition, considering they control the entire world as we know it.
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