Despite Yahoo’s recent tragedy the Search Company have announced that it will take 30% of the shares of an Indian Telephone Information Service. What exactly is yahoo buying here? Technology? Yahoo has been managing a declining business since Google and Microsoft departure (Remember the ill-fated Google-Yahoo search deal and Microsoft‘s declined on Yahoo acquisition talks).The Search Company got terrible business days, the Company has shown a failure in its execution, it miss every major industry shift. No products innovation, no corporate deals, no managements shakeup. The Company major mistakes are on the operational side, the Company paid no attention to products development and failure on costs control. I’m sure there are always plenty of good reasons for Yahoo’s decision to invest to an Indian Company, why? The Search Company has been on chaos, its main core US business is declining. Its stock have plunged to a ridiculous low of $ 9 a share. Wells, this investment could be part only of Yahoo’s Strategic move”. I think Yahoo is trying to innovate and exploit a new area, that’s why the Company decided to invest to this Indian Telephone Information Service. We just wait and see what next to Yahoo.
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