YAHOO MAY BE REMOVED FROM SURFACE OF INTERNET

AFTER LONG AND HARD STRUGGLE TO BRING BACK ITS OLD USERS YAHOO!!! IS THINKING TO SPIN-OFF ITS CORE BUSINESS

The Sunnyvale, California based internet giant  company said that it will finsih its all plans to spin off its stake in Chinese e-commerce website Alibaba, which is currently worth around $30 billion. Instead, it will look at "alternative transaction structures" to separate the stake. That could make it easier to sell off the core Yahoo businesses.

Chairman Maynard Webb said"Informed by our intimate familiarity with Yahoo's unique circumstances, the Board remains committed to accomplishing the significant business purposes and shareholder benefits that can be realized by separating the Alibaba stake from the rest of Yahoo," . "To achieve this, we will now focus our efforts on the reverse spin off plan."

A sale of Yahoo's Web business will create a huge buzz across the globe.The once-mighty internet hub which once even declined purchase offer from Microsoft,Yahoo which was founded in 1995 by Stanford University students Jerry Yang and David Filo, is one of the last independent titans of the early Internet. In June, AOL was bought by Verizon. Also now just memories of that earlier era are with us Netscape, Napster and many other internet services that taught us, while stabbing in the dark, how to surf, listen and live online. Yahoo was once the brightest star of the bunch.

A sale of Yahoo's core business would simply mean the company that Yang and Filo co-founded could be stripped down to an entity that will be a blue chip for few bussiness man then anything to internet users.

Brett Sappington, director of research at Parks Associates, said "one of Yahoo's biggest mistakes was not making bets in new and innovative areas, like Google and Amazon have".

"In the world of the Internet, which is diverse and incredibly unpredictable, you have to be adaptable and open to change,Yahoo in contrast really defined their business very tightly."said sappington

Well it is true that if you want to survive in world of internet then you have to invent something useful day by day but Yahoo failed to do that.

Bloomberg reported that verizon which has begin its wi-fi calling services yesterday said " They would explore buying Yahoo's Internet business if it makes sense,"

Well that is the reality a cold hard fact of internet if you want to survive then you have to create something useful or you will remain alone star in dark space which will fade away one day.