Yahoo! recently spent $1.1 billion on Tumblr and is now reportedly in the market for streaming company Hulu. This is a major strategic shift from generating search and display ads to becoming strictly an Internet portal. Now, the company relies on Microsoft for search technology and Google for display ads, meaning Yahoo! needs to shop for more eyeballs. Fool contributor Travis Hoium sat down to discuss what he thinks of Mayer's most recent moves.
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The article Yahoo!'s Going Shopping originally appeared on Fool.com.
Fool contributor Travis Hoium manages an account that owns shares of Microsoft. The Motley Fool recommends Google. The Motley Fool owns shares of Google and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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