Yahoo! confirms Xobni takeover

http://www.telecompaper.com/news/yahoo-confirms-xobni-takeover--953462

 

Soo, Yahoo is attempting to buy its way back into relevance it seems. Either Marissa is a damn smart, bold chick who is going to make Yahoo a big player again, or she's going to be added to the list of most disastrous CEOs.

 

it worked for google so i am sure it will work for yahoo

 

Yahoo are buying out everything just lately! Good for them

 

I don't recall Google losing relevance. However, I do recall Google being the one that had a large hand in driving Yahoo down to the bottom of the totem pole. Google buys up everything because they want to be the sole provider of all things digital in time. Yahoo is doing it to stay alive. But they may not have the cash flow or investor patience to do it too long without major results.

 

true, but losing relevance is not far off having no relevance. google bought the android platform when they had 0 market share in the mobile business and now they have bought motorola so those 2 purchases alone have made them a mobile industry powerhouse. so losing market share is just as bad as 0 market share ~

edit;

example- google+ was losing relevance compared to its opening month so what did google do? they bought Wildfire Interactive ($450,000,000), Milk Inc ($undisclosed), Katango ($undisclosed), SocialGrapple ($undisclosed), Fridge ($undisclosed), Plannr ($undisclosed) and many more.