Yahoo Faces Competiton from Social Media
Yahoo was downgraded today by S&P to “sell” from “hold.” Why?
Well, it just jumped 8%, but S&P believes “Yahoo faces notable competition from emerging social media businesses.”
It will be interesting to watch as Yahoo tries to build and/or buy success in harnassing user-generated content.[Oh, by the way, I’m Travis Smith and I’ll be guest posting here for the next while!]