Starboard to Start Proxy Fight to Remove Yahoo's Board

Hedge fund says in letter that board and management have failed to live up to promises.

http://www.wsj.com/articles/starboard-to-start-proxy-fight-to-remove-yahoos-board-1458789958?mod=e2fb&mg=id-wsj

read a headline yesterday that approx said that Wall St was bullish on Y for some unfathomable reason

Yahoo made itself irrelevant when it gave up it's own search.  Nothing has changed from that.

They gave up their own search and their own PPC technology.

..and hired and obnoxious arrogant CEO.

They should've kept their tech and core business imo.

The title of "Worst Run Technology Company" has been such a hotly contested battle between Yahoo and HP for so long, I can't even remember a time when it was otherwise. Those two names are so far ahead of the pack in the losing field, I don't think I could come up with a third in their class if my life depended on it.

https://beta.finance.yahoo.com/news/yahoos-leap-curse-123300230.html

> I can't even remember a time when it was otherwise.

Well, there was Netscape/AOL/Time Warner mess.

Oh, and we can't forget about Inktomi.  Of course they ended up being bought by Yahoo, so I guess you could say that they are part of the same story.

https://beta.finance.yahoo.com/news/yahoo-sets-april-11-deadline-013749690.html

https://beta.finance.yahoo.com/news/yahoo-expects-2016-revenue-drop-15-percent-code-193036475--finance.html

U.K.'s Daily Mail Explores Bid for Yahoo Backed by Private Equity

http://www.wsj.com/articles/u-k-s-daily-mail-explores-bid-for-yahoo-backed-by-private-equity-1460324999

ADDED: Website no-one uses to be acquired by newspaper everyone hates!!