Yahoo May Sell Its Core Internet Business

Posted by at 2:11 pm on December 2, 2015

Yahoo App LogoYahoo is weighing whether or not it should sell its core business, sell its interests in Alibaba, or both, according to the Wall Street Journal.

The decision will be entertained at a series of board meetings to be held this week. Yahoo’s board is set to discuss the firm’s future as turn-around efforts remain doggedly slow-paced. Yahoo CEO Marissa Mayer, who was hired away from Google, has spent the last three years attempting to rebuild the company’s main internet products.

The board’s actions this week signal a lack of faith in the company’s future under Mayer’s leadership. Yahoo did not comment on the Journal’s story.

Leave a Reply

Sign Up For Our Newsletter

Sign up to receive breaking news
as well as receive other site updates

Enter your Email


Preview | Powered by FeedBlitz

Log in

Copyright © 2008 - 2024 · StreetCorner Media , LLC· All Rights Reserved ·