Less than the $5.7 billion Yahoo! paid in 1999 for Mark Cuban's Broadcast.com: http://money.cnn.com/1999/04/01/deals/yahoo/ Times -- and fortunes -- change.
Yahoo sold to US telecoms giant Verizon
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Re: Yahoo sold to US telecoms giant Verizon
#12Re: Yahoo sold to US telecoms giant Verizon
#13Less than the $5.7 billion Yahoo! paid in 1999 for Mark Cuban's Broadcast.com: http://money.cnn.com/1999/04/01/deals/yahoo/ Times -- and fortunes -- change.
True, but most of the value in Yahoo is being left in the old company the owns the interests in Alibaba and Yahoo Japan.
Some investments work out. Others don't.
Re: Yahoo sold to US telecoms giant Verizon
#14I hope yahoo mail sticks around. I've been using it since forever, and would hate to change to gmail. Yahoo mail is kind of slow, but gets the job done, gmail is too chaotic for me. Maybe I'm old school about that, but I'm all in on yahoo mail.
I don't believe that encompasses Mail.
Re: Yahoo sold to US telecoms giant Verizon
#15>Shortly afterwards, Verizon announced it would start combining data about its mobile network subscribers - which is tied to their handsets - with the tracking information already gathered by AOL's sites. I was talking to a friend who is in the Telecom industry in Japan, and apparently this sort of arrangement is not legal there. EU is generally wary of such arrangements as well. So this is a merger whose product syn…
The problem with yahoo was never quality of the traffic. They have the most coveted audiences cornered. Their problem is the lack of good ad units. They have banners... That's unacceptable in 2016.
Re: Yahoo sold to US telecoms giant Verizon
#16Re: Yahoo sold to US telecoms giant Verizon
#17Re: Yahoo sold to US telecoms giant Verizon
#18Less than the $5.7 billion Yahoo! paid in 1999 for Mark Cuban's Broadcast.com: http://money.cnn.com/1999/04/01/deals/yahoo/ Times -- and fortunes -- change.
Re: Yahoo sold to US telecoms giant Verizon
#19I remember being shocked when Yahoo spurned MSFT's $44+ billion offer in 2008. Goes to show, when someone offers you 11 figures for a failing company, sell because the offers aren't going to get better.
Re: Yahoo sold to US telecoms giant Verizon
#20Can someone explain how combining two "past their prime" entities like Yahoo and AOL, with the Verizon telecom bureaucracy is going to produce anything "capable of taking on the likes of Google and Facebook"?
Telecom companies have a pretty horrible culture. It is not one of innovation or agility. They are bloated bureaucracies based on tenure and not merit. I speak from experience. To give one small example I have have been on conference bridges where Verizon project managers fell asleep and began snoring. I have many more of such anecdotes with these folks. All similarly illustrative of the culture.