Yahoo Kills Flipboard Competitor Six Months After Debut 72
redletterdave writes "It seemed like a step in the right direction for Yahoo back in November, when the company announced a family of new mobile products that would enrich the way users experience and understand their news and entertainment content. But just shy of seven months after that outburst of mobile and social apps and tools, Yahoo has decided to call it quits on arguably the biggest piece of that mobile package: the personalized magazine app for iPad, Livestand. This was the first major business decision made by Ross Levinsohn, the interim CEO who took over for Scott Thompson on May 13 after the SEC discovered Thompson lied on his resume."
CEO has to mark his Territory (Score:5, Insightful)
This looks just like a "Hey! Imma doing something! Yay Me!" type move from Ross Levinsohn. I often find within the company that I work for, that when a project changes hands, the new Project Manager feels that he/she needs to stamp in some sort of "territory" so that they seem to be doing something. Sadly though, it also seems that many of these decisions are made without a full understanding of impacts and result in poor implementation. Given that these apps seemed to be at least getting Yahoo looking in the right direction, it seems a shame to see them canned. Given that Yahoo is in such a poor position at the moment, I don't think that a conservative approach is a good strategy for them at the moment - they need to be rolling the dice on long odds while they still have the money to be able to afford to do so. Give them a few more years of stagnation and their customers moving onto other products and they simply won't have the capital or time to find that "new big thing" that will ressurect them.
Re:CEO has to mark his Territory (Score:5, Insightful)
I reject the assertion that yahoo is just a bag of bones.
They are losing market share, their name once used to be "God" on the mouth of the internet. Now look at what they are. Ask a 12 year old what Yahoo is, then ask about Google. They ARE a bag of bones.
I know many people at the company, and they are some of the most creative, energetic programmers that I have met. All the new management team needs to do is unlock the potential that exists within their own staff.
You realize that this is paraphrasing exactly what I said yes? A company the size of Yahoo will no doubt have plenty of creative and skilled people, but that doesn't mean a damn if the new CEO is killing off their ideas. I am saying that the company HAS to start implementing these ideas and letting them come to fruition so that if they gamble on 10 out-there ideas right now while they still have the money to do so, it might be enough to find the next new idea that bring Yahoo back to at least some of its former glory. All the brightest, most creative geniuses in a company mean nothing if their ideas aren't followed through.
Comment removed (Score:3, Insightful)
Re:Yahoo should do everyone a favor (Score:4, Insightful)
Brother, shamans try to attain PopeRatzo status.