Yahoo! (NASDAQ: YHOO) recently spent $1.1 billion on Tumblr and is now reportedly in the market for streaming company Hulu. This is a major strategic shift from generating search and display ads to becoming strictly an Internet portal. Now, the company relies on Microsoft for search technology and Google for display ads, meaning Yahoo! needs to shop for more eyeballs. Fool contributor Travis Hoium sat down to discuss what he thinks of Mayer's most recent moves.
Yahoo! is giving up on search and display ads and is on a mission to maximize viewers.
Fool contributor Travis Hoium manages an account that owns shares of Microsoft. The Motley Fool recommends Google. The Motley Fool owns shares of Google and Microsoft. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Related Articles
Billionaire Bill Ackman Has His Sights on Only 1 "Magnificent Seven" Stock, and It's Not Nvidia
If You Invested $10,000 in Amazon 10 Years Ago, This Is How Much You Would Have Today
This Artificial Intelligence (AI) Stock Could Soar 70%, According to Wall Street. Time to Buy?
You Won't Believe What ASML Told Wall Street Investors
1 Unstoppable Stock Up 72% in the Past 12 Months: Time to Buy?
631%
Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.