It's funny that's the case. But Yahoo is picking up on demographic that's slowly but surely adapting the Internet. My mom being a great example. She's been on the Internet as long as I have, but I would say she's adapting now. Unfortunately using Facebook, but also Youtube and all of her services from Yahoo(mail, news, search).

Say what you will about Marissa Mayer(I don't know enough about her). But she's making right decision on who her market is and although growth may be slower, I can see a larger number of people retiring that are going to be spending all sorts of time on Yahoo. Since HN is the anti-thesis of the Yahoo demographic, I think there is a more nuanced and emotional approach that Yahoo is taking. But I could be wrong.

edit: Also if anyone from Yahoo read this, please fix the problem with Yahoo mail and Chromium in Linux. My mom is annoyed by being asked to upgrade(Safari or Firefox) and asked to change the theme.

They've done a lot of acquisitions. I think the biggest was Tumblr. Not much to show from the acquisitions yet, but based on the fact that there has been acquisitions, Googlers moving to Yahoo, etcetera, I think there's a pretty good chance they're working on some things that will eventually pay off.