Interesting times for Yahoo
While others continue to focus on the fate of Yahoo’s search business — chatter about some kind of search deal with Microsoft never seems to die — Mr. Balogh’s comments suggest that Yahoo is eager to build out other parts of its Internet business.
Naturally, Mr. Balogh didn’t tip his hand and name specific targets. But he gave some clues, indicating that Yahoo needed to push deeper into the next wave of social networking products. He also said the company was under-represented in the area of smartphone applications.