Well, the gong show that is the sale of Yahoo to Verizon seems to be over. Here’s what’s going to happen now according to the Wall Street Journal:
What’s left of Yahoo after the sale will just be an investment holding company. Changing it’s name to Altbaba gets rid of the fact that the Yahoo brand is tainted. But the thing is that I can’t believe that Verizon paid $4.8 billion. Not only that, Who came up with Altbaba as the name for this dead horse?
Verizon may regret this purchase. But I am naturally a cynic. Still, this is a watch and see thing.
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This entry was posted on January 9, 2017 at 10:23 pm and is filed under Commentary with tags verizon, Yahoo. You can follow any responses to this entry through the RSS 2.0 feed.
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Yahoo Sold To Verizon… Will Change Name… Mayer Is Out
Well, the gong show that is the sale of Yahoo to Verizon seems to be over. Here’s what’s going to happen now according to the Wall Street Journal:
Eric Brandt will become chairman of Altaba
Verizon will pony up $4.8 billion
What’s left of Yahoo after the sale will just be an investment holding company. Changing it’s name to Altbaba gets rid of the fact that the Yahoo brand is tainted. But the thing is that I can’t believe that Verizon paid $4.8 billion. Not only that, Who came up with Altbaba as the name for this dead horse?
Verizon may regret this purchase. But I am naturally a cynic. Still, this is a watch and see thing.
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This entry was posted on January 9, 2017 at 10:23 pm and is filed under Commentary with tags verizon, Yahoo. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.