This.
A relogo posed as a rebrand, created by a committee no less, with one member of the committee holding all the votes.
With chief vote holder, the CEO, offering a painful explanation, including this:
We knew we wanted a logo that reflected Yahoo - whimsical, yet sophisticated. Modern and fresh, with a nod to our history. Having a human touch, personal. Proud.
Which helps make the point: brand strategy that works demonstrates rather than explains.