I was reading a bunch of news today on how Yahoo! Is going to sell its core business to Verizon for about $4.83 billion dollars. That is kind of crazy consider how big and dominant their presence was a long time ago. I kind of remembered even for myself when I gradually stopped using its searching services. From what I recalled it seemed like they licensed Google’s search technology where as a result whenever you searched on Yahoo you would get results from Google and its company logo would be everywhere. Eventually, for whatever reason they decided to stop using them.
For me at the time I remember Google was pretty much indexing everything at a pretty fast pace where the results seemed to be pretty good. In comparison Yahoo’s search result and commitment to discovering new websites and all just didn’t seem to be there. They also implemented things like a paid directory where you could spend hundreds of dollars to get your site reviewed to be indexed. It was then that I started to just go to Google’s site and the rest is history. Kind of made me wonder why they didn’t just buyout Google after giving the company so much exposure and all.
To think this company had like a value of over $100 Billion before where even Microsoft offered to buy it out for about $48 billion. It all kind of showed me how by getting lazy and not constantly innovating to do better or to try new things it’s only a matter of time where someone else will take the reign. Basically, it’s more like a business just trying to figure out more ways to squeeze more money out of people. If this is anything to go by that sure is not a good idea.