It’s generally assumed that a stock buyback means Yahoo’s directors have no compelling ideas for what to do with the money. They don’t think they can invest it in a way that will grow the company. Given the company’s fierce competition with Google and AOL, co-opetition with Microsoft, and no real fight against Facebook, it’s not a good sign. Carol Bartz and her turnaround team don’t have a bold new plan to spend some money to win back some market.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":195452,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"business,","session":"C"}']VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More