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Dan Loeb supports Marissa Mayer's decision to re-evaluate Yahoo's (YHOO -5.8%) plans to return...

Dan Loeb supports Marissa Mayer's decision to re-evaluate Yahoo's (YHOO -5.8%) plans to return the proceeds from the Alibaba sale to shareholders, a source tells Reuters. Everyone seems to have an idea as to whom Mayer might try to buy (previous): some more names thrown around include Foursquare, Flipboard (another former Google target), Path, and Pulse. Mobile is likely to be an area of focus, given Yahoo's also-ran status in the space.
Comments (3)
  • yodasdad
    , contributor
    Comments (9) | Send Message
     
    Try not to 2nd guess Meyer and watch her do a great job!
    10 Aug 2012, 03:03 PM Reply Like
  • marilyn61
    , contributor
    Comments (173) | Send Message
     
    I totally agree yodasdad. This is one strong lady who will take no prisoners. I look forward to seeing what her next moves will be. Mobile would be a good one for Yahoo and the acquisition of Foursquare would also make a lot of sense.
    10 Aug 2012, 03:24 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5587) | Send Message
     
    Use the money and hire some reporters and columnists that can do more than tabloid journalism. Adding Foursquare or Mobile will not change the "reporting" that goes on each day.

     

    1. Lindsay Lohan's swimwear hits and misses
    2. Bolt tries to keep Olympic souvenier
    3. US gymnasts have fun with viral meme

     

    These are the top three "stories" currently on Yahoo.

     

    Until Yahoo shows that it is more than a third rate news site, it doesn't matter what the new CEO does with the money.
    11 Aug 2012, 08:13 PM Reply Like
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