Yahoo is falling again. The fortunes of perky blonde CEO Marissa Meyer is also in doubt after two years of heading Yahoo and seeing absolutely no results nor profits but this is after all the tech field where profits never seem to be a concern unless a company has been around for a long time this is not a story though of the incompetences of their female CEO as this is a company and an industry where most fail and few make money. Yahoo actually has been in a free fall for some time but because they are a tech company that sees heavy traffic as the second largest search engine many investors have poured tremendous amount of money into this fledgling company. Advertising revenue is dropping and the acquisitions it has bought of other unprofitable tech companies that do little different like Tumbler is to panning out. Yahoo will now have to see a chunk of their Chinese holdings in order to pay back these investors and I wonder how much longer this technology innovating scam can continue as like none of their products actually makes any money. Many applications and computer related nonsense serves the interests of wealthy engineers who come up with these products that makes no real money in the free-market and pretty much serves to pay them a very good salary for sitting around all day or drawing on a white board. If the second largest search engine cannot make profits from advertising revenue then what are all these other companies doing from angel investing money that should be taxed and going to fix infrastructure all over the country. When Yahoo falls there will be a bit more of a speculation that if you park your money in tech companies it is not going to go anywhere and this will be the realization that will doom this useless overreached industry.
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