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June 22, 2011 03:55 am GMT
Oof, Yahoo. The Alibaba dispute, just the most recent Yahoo trainwreck, is still a fresh wound for shareholders. And things are getting worse.Yahoo CEO Carol Bartz has long promised a turnaround at the lagging company. But we've been digging for new information about the state of Yahoo in advance of the annual shareholder meeting later this week, and everything we're hearing isn't good. One investor we spoke with said "It's a turnaround alright, but it's a 360 turnaround. Basically, they're spinning in circles."Things we've learned from multiple sources:
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3sPdCF1jt4U/
Yahoo's 360 Degree Turnaround
Oof, Yahoo. The Alibaba dispute, just the most recent Yahoo trainwreck, is still a fresh wound for shareholders. And things are getting worse.Yahoo CEO Carol Bartz has long promised a turnaround at the lagging company. But we've been digging for new information about the state of Yahoo in advance of the annual shareholder meeting later this week, and everything we're hearing isn't good. One investor we spoke with said "It's a turnaround alright, but it's a 360 turnaround. Basically, they're spinning in circles."Things we've learned from multiple sources:Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3sPdCF1jt4U/
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