"Faliure is only the end if you decide to stop"
Jerry Yang and David Filo Established " Yahoo " in January 1994. As most of you are aware, Yahoo was once a powerful online Titan. How such a large internet company struggled to stay up with rivals in the technological sector and suffered a sharp downturn in the early 2000s is still a mystery. Below are a few crucial elements that contibuted to Yahoo experiencing a corporate failure.
1. The corporation was dealing with a number of internal problems and a frequently shifting top management . which opened the door for lack of concentration and inferior tatics.
2. Yahoo failed to develop and iprove their services since their technologies were outdated and inefficient.
3. Yahoo was unable to recognize global trends like Social networking an other mobile technology.
4. Due to frequent data breaches, customers began to lose faith in Yahoo.
5. When Google an Miscrosoft entered the market, there was intense competition for Yahoo, which forced it to compete for customers and advertisers.
Verizon Communications purchased Yahoo's primary internet divison in 2016 for a very small fraction of what it was actually worth. this signaled yahoo's collapse and exposed it as a corporate failure.
Thankyou
- Ujwal Unnikrishnan
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