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It was impossible to come up with the right business model because the company wasn't clear on its core purpose.
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For Google the goal was always clear: in hoovering up as much published content as it could get its hands on, it not only delivers on its core mission, but also creates compelling web pages around which to sell advertising and harvest user information, which it can sell to third parties.
By claiming "a renewed focus on its core business," the president sends a clear message to the shareholders: Anyone buying this stock as speculation on new businesses Alta might be going into should sell it right away.
Quebecor said it was shedding its noncore operations to focus on its core printing business.
For example, last year it divested its ownership of Chipotle Mexican Grill to focus on its core business.
GMG gets an opportunity to focus on its core business".
Shell wants to concentrate on its core business: oil.
Barclays said the sale was part of its strategy to refocus on its core banking business.
Among its employees working on its core technology 84% are male, down from 85% last year.
Its aim is to focus the company on its core insurance operations.
Tomkins P.L.C. is selling its Red Wing division to focus on its core engineering and industrial activities.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com