Verizon to purchase Yahoo for $4.8 Billion

[Poliwhirl]

http://www.usatoday.com/story/tech/news/2016/07/25/verizon-winner-yahoo-sale/87500668/

"Verizon is making a major bet that it can put together two fading giants — Yahoo and AOL — to create a new mobile and online powerhouse.... [Verizon is] to acquire Yahoo’s operating business, which includes advertising technology and popular online content such as Yahoo Sports, Yahoo Finance and micro-blogging site Tumblr."

it was inevitable, Yahoo has lost a lot of money on many poor business decisions (like buying tumblr, for example) and it's not hard to notice that Yahoo is far less relevant than it was a decade ago.

[Ad Bot]

[Willymcmilly]

Verizon just wants to combine the advertising technology of AOL with Yahoo to make more money.

[Poliwhirl]

Verizon just wants to combine the advertising technology of AOL with Yahoo to make more money.

well yeah thats a given. they didnt do it out of the goodwill of their heart

[ShadowsfeaR]

Maybe they'll fix tumblr.

Hahaha what am I saying, they'll just make it worse

[Willymcmilly]

Maybe they'll fix tumblr.

Hahaha what am I saying, they'll just make it worse

They won't do stuff to tumblr.

[McZealot]

I'm surprised people still use Yahoo. It's basically adware at this point--I only see it by accident.

[Foxscotch]

as a company, I like yahoo
I'm afraid that verizon might decide to stop all that good stuff yahoo does :(

[Willymcmilly]

Google was gonna buy yahoo for like $40bil but they refused

[Daswiruch]

Google was gonna buy yahoo for like $40bil but they refused

what a forget up on both sides

[Becquerel]

As long as they dont do anything with the email feature, I dont really mind.
Yahoo Mail is probably the only service I use

[Willymcmilly]

what a forget up on both sides

for real

[Brickmaster]

yeah i never use yahoo for anything except email, since it's my personal email

[JitankIsFag]

$4.8Billion where?

[Willymcmilly]

$4.8Billion where?

Are you high or smth

[otto-san]

don't worry guys i'll buy it back from them and save tumblr