I add this because at one time I used to spend a great deal of time on Yahoo. IMHO, it had the best chat service on the net, but then they changed chat, then terminated it. And even though I no longer chat at all I cannot figure out why I should go to Yahoo now at all.

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Marissa Mayer's nearly four-year attempt to turn around Yahoo needs a turnaround itself, repeating a pattern of futility that has hobbled one of the Internet's best-known companies for the past decade.

Like her predecessors as Yahoo CEO, Mayer has been unable to snap the company out of a financial funk despite spending billions on acquisitions and new projects. Yahoo's stock has sunk by 35 percent so far this year as investors' frustration with the follies have mounted, spurring calls for her replacement.

"This is like an 'emperor has no clothes' situation," says Eric Jackson, a Yahoo shareholder and managing director of the New York hedge fund Ader Investment Management. "The company and the shareholders would be better served with her leaving."

Jackson, though perhaps Mayer's most outspoken critic, isn't alone.

After conferring with investors, SunTrust analyst Robert Peck recently wrote a letter to Yahoo's board recommending that the directors consider firing Mayer. Activist investor Jeffrey Smith of hedge fund Starboard Value is urging Mayer to abandon a spin-off of the Yahoo's most valuable asset — a $30 billion stake in Chinese e-commerce giant Alibaba Group — and sell the company's Internet business instead.

If Mayer continues down her current course, Smith is threatening to lead a shareholder mutiny aimed at overthrowing Yahoo's board next year — a rebellion that, if successful, could lead to her ouster.

Yahoo's own employees seem dispirited as well. Mayer's approval rating among those who posted on the employer-review website Glassdoor.com has fallen to 73 percent from 99 percent after her July 2012 hiring.

At least a dozen members of Yahoo's management team have left in the past year. The departures have included two of Mayer's top lieutenants, former marketing and media chief Kathy Savitt and former development and acquisitions chief Jacqueline Reses.

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http://abcnews.go.com/Technology/wireSto...things-35420278

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I add this because at one time I used to spend a great deal of time on Yahoo.

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Well there you go. If the brains at Yahoo would interview you (and probably many others like you) and find out why you no longer go there, they might be able to turn it around.

Update:

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Yahoo's board is debating selling some of its core assets, CNBC learned Wednesday from sources close to the matter.

Shares of Yahoo were up more than 6 percent midmorning Wednesday. The Wall Street Journal originally reported the news on Tuesday regarding the tech company.

The board will meet Wednesday to review the plan for its spinoff of $32 billion in Alibaba shares and possibly debate selling Yahoo's core online businesses, the sources told CNBC. The board has received letters from multiple shareholders in recent days regarding the plan, CNBC has learned.

Shortly after the Journal report Tuesday, more than 300,000 Yahoo shares changed hands in after-hours trading, pushing the stock up 5.6 percent to $35.60.

Ivan Feinseth, chief investment officer of Tigress Financial Partners, told CNBC that if Yahoo was to sell its main growth operations — the mobile, video, native advertising and social media (Mavens) units — all that would remain would be the poorly performing Internet search business. Selling both Mavens and the search unit would mean "there would be nothing left of the company," he said.

"I don't know why anybody would want to buy a line of business that's in decline and has stiff competition from Google and Microsoft," Feinseth said, referring to the search and "paid click advertising" unit. Alibaba itself could be interesting in buying the Mavens business, he added.

Mark Tinker, head of Framlington Equities Asia at AXA Investment Managers, said that other than Alibaba, Yahoo's businesses were not particularly enticing.

"All of these U.S. Internet giants are struggling to access the 670 million Chinese that are online, and obviously Alibaba is a key part of that," Tinker told CNBC. "If you spun off that, what have you got left? You've got something that can't compete with other big players."

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http://www.msn.com/en-us/news/technology...ocid=spartanntp