Yahoo Still Can’t Catch a Break

Photo: Disney

A bunch of high-profile departures from Yahoo, including CEO Carol Bartz and the board members who fired her, were supposed to usher in a new, consolidated era for the struggling Internet company, which continues to shrivel up in the shadows of Google and Facebook. Plan A was for Yahoo to sell back its stake in China’s Alibaba and Yahoo Japan, but the potential tax-free deal has reportedly fallen through for now. The company’s stock has dropped swiftly today following the news, and the seemingly eternal talk of a merger or all-out sale, a.k.a. Plan B, is bubbling back up, not that finding a buyer has become any easier.