13:06
Unknown
She talked about mobile.
That has been a fema verse for the past year.
She has been talking about how mobile has been -- has been affecting her business.
By the end of this year we will have more mobile users and traffic than other traffic.
We pride ourselves on running the world's largest start up.
Can we be flat?
It really enables people to think, how should we be changing?
What are the new disruptive things?
Here is the thing.
She has been talking about mobile for more than a year.
The thing thing is happening with facebook and twitter.
It does not mean more people are using yahoo!, just that they are using yahoo!
Differently.
What does it say about their traffic?
What does it say about the growth?
The first thing, every single person matters big time for this company.
We are in this huge transformation across businesses where it is not just about adapting their existing busi ness to mobile.
A company like yahoo!
Is trying to find its way and find new relevance.
It has lost its way for, let's call it 10 years.
They are looking to be relevant on mobile.
Some numbers tell us in the last quarter of two 390 million roughly mobile users.
That's a 15% growth.
That's a really massive growth and change in behavior.
Now they will be almost required -- not actually require -- investors will demand of them, tell us your metrics, because we want to know how many users you have out there.
We want to see if it is accelerating or declining.
They want to see them accelerate.
The coo -- he was brought over from google.
She just fired him.
Obviously she is not happy with the performance.
A lot of companies that made their way initially on the desk top -- they are mobile first.
We keep hearing mobile first development.
It is hard for a company to be mobile first.
Y ou can argue that twitter is mobile first.
Their mobile revenues exceed desk top revenues.
We have not heard that from facebook.
We certainly have not heard that from google and yahoo!
We will see how that transition goes.
At some point, the company is going to be required -- we know that yahoo!
Has fought with the fcc about what they can disclose.
They did not want to disclose they had as much of 30% of revenue coming from microsoft.
They rely on that agreement, which could expire in a short time.
You can be sure if the mobile numbers look really good, they would disclose them.
If they have not, they are probably not as strong.
The moderator asked george
This text has been automatically generated. It may not be 100% accurate.
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