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The End of Yahoo: Marissa Mayer To Resign; Yahoo To Change Its Name To Altaba (arstechnica.com)

Posted by BeauHD on from the end-of-an-era dept.

maxcelcat writes: Spotted on The Register's twitter feed: Yahoo! Submission to The SEC. Most of the board is leaving, including CEO Marissa Mayer. The company has been bought by Verizon and is changing its name to Altaba Inc. I'm old enough to remember when Yahoo was a series of directories on a University's computers, where you could browse a hierarchical list of websites by category. And here I am watching the company's demise. According to the regulatory filing, the changes will take place after the sale of its core business is completed with Verizon for roughly $4.8 billion. The Wall Street Journal notes: "Verizon officials have indicated all options remain possible, including renegotiating the terms of the deal or walking away."

4 of 401 comments (clear)

  1. Yabba Dabba Doo! by Tablizer · · Score: 5, Insightful

    If they paid branding consultants millions to come up with "Altaba", somebody deserves to be beaten black and blue with a briefcase, including the consultants.

    --
    Table-ized A.I.
  2. some of you really don't get it by slashdice · · Score: 5, Insightful

    Yahoo (including the name), is being sold off to Verizon. Altababa is the parts that are left (ie, a big pile of Alibaba stock). The yahoo name, domain, etc are not going away, they'll just have a new corporate overlord.

    Kind of like how slashdot wasn't renamed (or improved!) when bendover.net bought them, or VA Linux, or VA Research, or SourceForge, or Geek.Net or Dice.com, or BizX. Other than (fuck) beta, there have been no updates whatsoever since 1998.

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    Copyright (c) 1990 - 2014 Dice. All rights reserved. Use of this comment is subject to certain Terms and Conditions.
  3. Re: How much? by HornWumpus · · Score: 5, Insightful

    The user data is available for _much_ cheaper than that.

    --
    John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
  4. Microsoft offered $45 Billion by Anonymous Coward · · Score: 5, Insightful

    The stupidest move was when Yahoo refused the Microsoft offer. It was just down hill from then on.