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January 10, 2017 02:00 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/tKF1Kveke0Y/the-end-of-yahoo-marissa-mayer-to-resign-yahoo-to-change-its-name-to-altaba
The End of Yahoo: Marissa Mayer To Resign; Yahoo To Change Its Name To Altaba
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."Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/tKF1Kveke0Y/the-end-of-yahoo-marissa-mayer-to-resign-yahoo-to-change-its-name-to-altaba
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