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Yahoo surprises no one by pushing back its Verizon acquisition close date

SUNNYVALE, CA - MAY 23:  A sign is posted in front of the Yahoo! headquarters on May 23, 2014 in Sunnyvale, California.  (Photo by Justin Sullivan/Getty Images) Yahoo reported its fourth quarter earnings to date, where as usual the financial metrics don’t really matter because the company is in the process of getting acquired by Verizon. There is, however, a very interesting footnote: the acquisition, expected to close in the first quarter, is getting pushed back to the second quarter this year. The company offered basically no explanation for… Read More

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Marissa Mayer resigning from Yahoo board as remaining company renames itself Altaba

marissa-mayer15 Despite hiccups, Yahoo’s planned sale to Verizon appears to be moving forward — but some portions of the company will be left behind and renamed Altaba Inc.
Yahoo is hanging on to its 15 percent stake in Alibaba and its 35.5 percent stake in Yahoo Japan, and those assets will survive as an investment company under the new name Altaba Inc., as the rest of Yahoo integrates with Verizon. Read More

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Yahoo Answers makes its official mobile debut

yahoo-answers-now Yahoo Answers has officially launched on mobile. As TechCrunch reported last month, Yahoo’s experimental app code-named Yahoo Hive had been rebranded as Yahoo Answers Now — a move that indicated Yahoo’s plans to bring its desktop Q&A site to the App Store. However, at the time, the app still required an invite in order to test it out — that restriction… Read More

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Yahoo brings its Q&A site to mobile via a new app, Yahoo Answers Now

yahoo-answers-now Yahoo has quietly launched a native mobile app for Yahoo Answers, one of the web’s largest Q&A sites which attracts over 3.1 million U.S. monthly visitors. The app, which was previously being tested under a different name, Yahoo Hive, was rebranded to Yahoo Answers Now at the beginning of the month. Like the web version, Yahoo Answers Now lets you view, ask, answer and track… Read More

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Yahoo’s business tale comes to a totally anticlimactic end

FILE - In this Nov. 5, 2014, file photo, a person walks in front of a Yahoo sign at the company's headquarters in Sunnyvale, Calif. Yahoo announced Wednesday, March 2, 2016, that the company is adding a new component to its Sports vertical: competitive video gaming. Yahoo said that Esports will offer video coverage of live tournaments, including expert commentary and interviews with top players. Esports will also include articles, scores, team rosters, schedules, player rankings, calendars and statistics. (AP Photo/Marcio Jose Sanchez, File) Yahoo made slightly more money than Wall Street expected — and no one cares at this point. The company reported its third-quarter earnings, basically falling a hair above what everyone was looking for on its earnings and in line with revenue. But at this point the company is in the process of getting acquired by Verizon. As such, stock prices and whatnot like that don’t… Read More

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Yahoo rebrands its main app as Yahoo Newsroom, lets you post your own news links

screen-shot-2016-10-04-at-9-38-01-am Yahoo’s homepage used to be the place where web users started their day, reading the top headlines, sports scores, stock updates, and other news. On mobile, that’s no longer always the case. In an effort to get back into the game, Yahoo this morning is launching a rebranded version of its flagship application, now called Yahoo Newsroom. The goal with the new app is to compete… Read More

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Yahoo View brings Hulu’s free programming to mobile, but is limited to clips

tumblr_inline_odtg8i06va1qhxx5s_500 Yahoo View, the company’s recently launched gambit to go after cord cutters by offering free video content from Hulu, is now available on mobile. Yahoo has just debuted an iOS version of the mobile TV service, which will soon be followed by launches on Android and the mobile web, the company says. In case you missed it earlier, Yahoo View was developed in partnership with Hulu to bring… Read More

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Media.net acquired for $900M in mega ad-tech deal

Divyank Turakhia, co-founder and president of Directi, poses for a photograph at the Dublin Web Summit in Dublin, Ireland, on Friday, Oct. 29, 2010. Leaders of some of the world's leading technology companies gathered in Ireland for the Dublin Web Summit Oct. 28-29. Photographer: Simon Dawson/Bloomberg via Getty Images The flow of Chinese capital into foreign ad-tech companies increased this morning with the acquisition of Media.net for $900 million USD. A consortium will be paying cash for the startup with key operation centers in New York City and Dubai. Eventually the company is set to be acquired from the consortium by Miteno Communication Technology, a Chinese tech conglomerate. The transaction is… Read More

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Platform change, the Yahoo-slayer

mobile-stab-yahoo In 2000, Yahoo was worth $125 billion. In 2008, it rejected a $44 billion buyout from Microsoft. And today it sold to Verizon for $4.83 billion. The lesson here is, if you won the last computing platform and are on the cusp of the next one you’re not built for, you might want to sell the company.
Mobile fell on an unsuspecting Yahoo like a piano on a cartoon villain. It was a web portal. Read More

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The giant’s fall

maxresdefault One of the saddest scenes in the Lord Of The Rings trilogy is watching the slow-moving Ents – the massive tree shepherds that took days to decide whether or not to react Sauron’s onslaught – are cut down by the wily Orcs. Only a few fall in the battle but when they do the giants of the forests that at first seemed so powerful are exposed to be easily vanquished. They won… Read More

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