Michael Wolff on Yahoo: Only the Media (and Marissa Mayer) Still Believe It Has Value – Hollywood Reporter

Michael Wolff on Yahoo: Only the Media (and Marissa Mayer) Still Believe It Has Value

Yahoo’s core business is up for sale — bids were due April 18 — and reports about its financial condition are not good. Re/code, the tech news site run by Kara Swisher, continuing her longtime personal war with Yahoo, got a look at the black book and the bleak picture of its declining traffic and advertising revenue. Other outlets have pounced on the deluded ambitions of Yahoo’s widely mocked chief executive, Marissa Mayer.

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