sincity Posted May 30, 2013 Posted May 30, 2013 When Marissa Mayer took over as CEO of Yahoo last year there was some hope that she would bring more focus to a company that had long been adrift and without clear goals. Wired's Ryan Tate, however, notices that Yahoo under her reign has actually become "more bloated" by paying $1.1 billion for blogging service Tumblr and $30 million for news digest app Summly. What's more, the company has put itself in the mix to buy a stake in Hulu by reportedly bidding between $600 million and $800 million, so it doesn't seem as though the company exactly has a laser-like focus on one particular area these days. Continue reading... View the full article Quote
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