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Yahoo Inc is looking to buy companies that will allow it to become a bigger player in social networking and revamp its family of products, Chief Technology Officer Ari Balogh said on Wednesday.
Yahoo has had conversations with companies about partnerships and "more interesting" possibilities, said Balogh, who is executive vice president of products at Yahoo.
"I can guarantee you there will be some acquisitions, and we will do some stuff in house," said Balogh, speaking by videolink to the Reuters Global Technology Summit in New York.
Perfspot? Their traffic is down & to the right...(per quantcast).
Bebo? Probably not (besides, they'd have to uncouple it from AOL, etc).
StumbleUpon? I think eBay learned their lesson on that one.
Facebook? They don't have the ~8 billion, I think, that Facebook would want them to have to pull it off.
LinkedIn? Perhaps...and, Jeff Weiner is President there, former EVP of Yahoo, etc...could be interesting & a great tie in with their Zimbra line of products. *that* would make for a compelling "menage-a-trois" between Zimbra, LinkedIn and Hotjobs...if they'd put them all together.
Ning? That could be interesting...however, I'm afraid it'd end up "geocities 2.0" in reality...eg, neglected & shut down after spending far too much money to ever reap a profit.
Piczo? Not enough traffic imho, to make it interesting.
Fubar? Probably not...uniques is also around a million per month, which makes it very unlikely.
Tagged.com? Perhaps, there is some traffic there...but, would it really add value?
To me...I can't see any company off hand that "fits" with what Yahoo needs to do, which is to start leveraging (flickr, mybloglog, delicious, etc) it's *current* social assets in a way that makes sense...
"We're Not a Search Company"; Get Ready for Social, Mobile, Video
One of the big themes at the AllThingsD Conference this year has been the inability of Web 2.0 leaders to monetize social networking.
Asked about that, Bartz says the key will be in integrating social with great content. But she resisted my suggestion that Yahoo could be a portal for social networking.
Bartz is focused on one key fact: Yahoo has 76% reach of the U.S. Internet audience. Her strategy is to keep those users happy.
I'd be surprised if Yahoo! doesn't buy a best of the rest site like classmates at this point and even less surprised when that doesn't work long term. Fashionably late means competing in the minor leagues.