Comment Re:Core business? (Score 3, Interesting) 222
I thnk their core business WAS the web directory but that seemed to become irrelevent and less useful once Google came around. Their age and size has allowed them a certain amount of inertia with users who simply don't know or care for anything better.
I think there's some value in a high-quality curated web directory. Given what Wikipedia accomplishes with volunteers and no advertising, I would think that Yahoo could have come up with some way to basically pay people to browse the web and curate a directory given the money they have to spend.
Google search is better in some regards and use cases but in some ways, if it isn't on the first page of results it probably won't be useful, especially if you don't know what to search for or are looking for a class of information or type of web site.
But they seemed to have given up on that in favor of "web services" which they probably can't ever compete with. Their technology isn't competitive, they don't have any media clout and nothing unique to offer.