Geek Smack! 206: Stockholder calls Yahoo! Out

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Geek Smack! Podcastwww.thegeeksmack.com – Back from a very productive week at Ford and BlogWorld. Voices of New Media will be up shortly in format. Check out the updated My Ford Touch Interface. Also got a review SSD from OWC. Will be testing shortly. Finally, got an interesting call I talk about on the show this week.

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Geek Smack! Topic of the Week: What is Yahoo! Thinking

It’s more and more prevalent that Yahoo! doesn’t know what direction to go. With the lack of CEO, that (by some strange default) makes Jerry Yang the head of a company he was forced to step down from. Yahoo! has been going like “Business Usual”, trying to hide the ship that is sinking.

USA Today reports Daniel Loeb, a stockholder (5.2%) is not happy. He also claims some conflict of interests because several buyout firms are trying to get a controlling stake. If they succeed, people like Loeb could be in for a long waste of time and no chance to regain profits lost from the 2008 buyout debacle.

Yahoo! needs to take some advice: Just sell it, already!

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