Looking out for Yahoo / CEO pooh-poohs Google, defends his firm’s policies in China

Looking out for Yahoo / CEO pooh-poohs Google, defends his firm’s policies in China

Terry Semel, Yahoo Inc.’s chief executive, fired a few salvos at high-flying Google Inc. Thursday, saying the rival Internet company has a scattered strategy and an array of products whose popularity lags behind those of his own Web portal.

“So far, they don’t seem to have a plan, but maybe they do,” Semel said of Google at the Web 2.0 Internet conference in San Francisco. “Maybe magic will happen tomorrow.”

I agree with Yahoo!’s assessment of Google, however Wall Street seems to disagree. From the purchases the Google has made it appears that they are living in the 90’s where cash was flowing freely and businesses did not think they needed a strategy….Michael Porter wrote a great article about this and eventually it became apparent that strategy did matter. The article also provides some insights into the future for digital stakeholders.

10 October, 2005 |

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