Windows 7 Forums

Welcome to Windows 7 Forums. Our forum is dedicated to helping you find support and solutions for any problems regarding your Windows 7 PC be it Dell, HP, Acer, Asus or a custom build. We also provide an extensive Windows 7 tutorial section that covers a wide range of tips and tricks.


Windows 7: Verizon buys Yahoo for $4.83B, marking end of an era

25 Jul 2016   #1
ThrashZone

Win-7-Pro64bit 7-H-Prem-64bit
 
 
Verizon buys Yahoo for $4.83B, marking end of an era

Quote:
SAN FRANCISCO (AP) — Verizon is buying Yahoo for $4.83 billion, marking the end of an era for a company that once defined the internet.

It is the second time in as many years that Verizon has snapped up the remnants of a fallen internet star as it broadens its digital reach. The nation's largest wireless carrier paid $4.4 billion for AOL last year.

Yahoo will be rolled into Verizon's AOL operations and CEO Marissa Meyers could be working again with AOL CEO Tim Armstrong, who worked with Mayer at Google for years and tried unsuccessfully to convince her to combine the two companies when they both remained independent.

Though many expected the sale of Yahoo to spell the end of Mayer's reign, a Tumblr post from Mayer moments after the deal was announced read, "For me personally, I'm planning to stay. I love Yahoo, and I believe in all of you. It's important to me to see Yahoo into its next chapter.

Yahoo Inc., Sunnyvale, California, is parting with its email service and still-popular websites devoted to news, finance and sports in addition to its advertising tools under pressure from shareholders fed up with a steep downturn in the company's revenue during the past eight years.

The slump has been deepening even though advertisers have been pouring more money into what is now a $160 billion market for digital advertising, according to research firm eMarketer.

Most of the money has been flowing to internet search leader Google and internet social networking leader Facebook, two companies that eclipsed Yahoo during its slide from an online sensation, once valued at $130 billion, to a dysfunctional also ran.

The transaction does not include Yahoo's cash, shares in Alibaba Group Holdings, its shares in Yahoo Japan, its non-core patents.

After the sale is completed, Yahoo Inc. will become a holding company for its two stakes in China's e-commerce leader, Alibaba Group, and Yahoo Japan. Those investments, made more than a decade ago, have been the most valuable pieces of Yahoo throughout Mayer's tenure.

Yahoo will change its name at closing and become a publicly traded investment company.

Yahoo has hired a succession of CEOs to engineer a comeback, but finally gave up after the high hopes that accompanied Mayer's hiring fizzled out.

The sale potentially could result in thousands of layoffs. Mayer has already jettisoned 1,900 Yahoo workers since last September.

Source


My System SpecsSystem Spec
.
Reply

 Verizon buys Yahoo for $4.83B, marking end of an era




Thread Tools Search this Thread
Search this Thread:

Advanced Search




Similar help and support threads
Thread Forum
outlook marking the messages as read from the server
sometimes I check the emails from my phone , but outlook make them as read and its little confusing sometimes. is there is anyway outlook can download the emails but still mark it as unread on the server ?
Microsoft Office
Marking partition as active.
Hello there. I have a single Hard disk drive in my laptop which is divided into two partitions and in one partition is Windows vista Starter installed when I bought it..So I decided to use Multi boot and I installed Windows 7 Ultimate in the other partition... Now my question is can I safely...
Hardware & Devices
Problem with marking/selecting text in win 7 x64
I had no problems with windows or anything,everything was fine, until this morning when i started computer and in Google Chrome marking text became nightmare, either it isnt marked at all, or it just mark last couple of letters on last word...sometimes even pressing back or forward button isnt...
General Discussion
Marking Threads Solved
I know that I have seen questions about this before, but didn't pay enough attention, and can't seem to find anything about it now. How does one mark a thread as solved?
Chillout Room
marking folders
Is there any way in explorer I could color or mark folders?
Customization


Our Sites

Site Links

About Us

Find Us

Windows 7 Forums is an independent web site and has not been authorized, sponsored, or otherwise approved by Microsoft Corporation. "Windows 7" and related materials are trademarks of Microsoft Corp.

Designer Media Ltd

All times are GMT -5. The time now is 23:06.

Twitter Facebook Google+



Windows 7 Forums

Seven Forums Android App Seven Forums IOS App