Re:Yahoo's 10 patents that it claims Facebook infringed
by nakkiel on Tuesday March 13, 2012 @07:32AM
(#3697928)
> what a disappointing step for Y!'s new CEO to take
Given the timeframe, I don't think the new CEO had the time to pull that off.
Re:Yahoo's 10 patents that it claims Facebook infringed
by bryanlarsen on Tuesday March 13, 2012 @08:36AM
(#3698095)
It definitely would have started under the old CEO's watch, but perhaps just as a contingency plan and as a negotiating tactic. That's just smart.
Actually pulling the trigger on the plan? Trading reputation for short term dollars? That piece of stupidity is all on the new CEO. They have about $10 billion in the bank and in long term investments, so they don't need the short term cash which would be the only possible justification for this kind of stupidity.
Re:Yahoo's 10 patents that it claims Facebook infringed
by freejack on Tuesday March 13, 2012 @07:46AM
(#3697959)
It happened on his watch - something this big definitely had his stamp on it.
Re:Yahoo's 10 patents that it claims Facebook infringed
by nakkiel on Tuesday March 13, 2012 @08:38AM
(#3698103)
It sure had his signature because after all he is the executive but it doesn't mean he had any power to pull it off nor to shut it down.
I think that at those levels and in such companies, investors are really pulling the strings. In other words, CEO is the first level of management. Disposable and convenient for all matters.
Edit: but ok, perhaps that's just my point of view.
Yahoo! is a media company, Facebook is a networking/platform company. They should be looking for ways to work together and build value instead of attacking each other and destroying it.
This smells more like an ego-driven decision more than anything else. What an incredible waste of time for Yahoo. Yahoo has so many problems on so many other fronts and the last thing they need to do is draw themselves into another battle.