News Tech

Yahoo to Change Name; Marissa Mayer to Leave Board

Big changes are in the works for Internet pioneer Yahoo involving executive management and the famous company’s name. The company plans to change its name to Altaba Inc after it turns over its email, websites, mobile apps and advertising tools to Verizon. The new name is meant to reflect Yahoo’s transformation into a holding company […]

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Verizon Agrees To Buy Yahoo’s Core Business For $4.83 Billion

Verizon Communications Inc (VZ.N) said Monday it would buy Yahoo Inc’s (YHOO.O) core internet properties for $4.83 billion in cash to expand its digital advertising and media business. The price tag, which includes Yahoo’s core internet business and some real estate, is a remarkable fall for the Silicon Valley web pioneer that once had a […]

News Tech

Report: Verizon nearing deal to acquire Yahoo’s core business

Verizon is reportedly close to finalizing its purchase of Yahoo within few days after beating out other suitors according to multiple reports. An agreement that would end a tumultuous period for the beleaguered internet company. Verizon is discussing a price close to $5 billion for Yahoo’s core internet business, one of the people told Bloomberg and […]