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According to Alexa it's the 5th [1] but I'm sure it's not a huge difference between third and fifth.
Yahoo still makes almost $5BN a year. It's a 24 year old internet behemoth.
I mean by any reasonable measure of a company, those are ungodly numbers. Given how people talk about Yahoo though you'd think it was populated with lepers.
I guess it's all about managing expectations.
Earlier quoted context omitted.
Well, the AARP has 38 million members, so that's not too surprising, I guess. (I'm saying that a lot of old folks don't realize there is an Internet, or email, or online news, etc. without AOL.)
My grandparents still use AOL, because they live in the absolute middle of nowhere (aka they drive roughly an hour to be able to do groceries). Their options have been basically dial up, or extremely expensive satellite internet. Verizon has been promising the little place they live for around 5 years that they will eventually get some sort of service, however last time i was there i could barely get any cell coverag…
Anyway, I agree with you that there are still stretches of the US that have people but no broadband. And, my primary internet is mobile broadband (from two different carriers, since I travel and often find only one of them works reliably), so I know the pain of it first-hand. But, still, I'd wager that most AOL customers are older folks (even if the reason is also that people living in rural areas tend to be older).
Earlier quoted context omitted.
Rural areas rely on dial up internet
How many rural areas still use dialup but don't have access to cellular yet?
Alibabers will kill the company, they have no talent running western style dotcoms
alt+tab it Alibabers will kill the company, they have no talent running western style dotcoms
Neither altaba or Alibaba is a western style dot-com. That part of yahoo is being sold to Verizon. Altaba is just a holding company for Alibaba stock.
Still the third most visited Web property in the United States According to Alexa it's the 5th [1] but I'm sure it's not a huge difference between third and fifth. Yahoo still makes almost $5BN a year. It's a 24 year old internet behemoth. I mean by any reasonable measure of a company, those are ungodly numbers. Given how people talk about Yahoo though you'd think it was populated with lepers. I guess it's all about…
Another part of it is that it shows the incredible value of inertia. Sports scores and email is with $5B.
And I think a third is just a bit of schadenfreude from the internet insider set. Selling half of yourself to a Baby Bell-revenant and turning the rest into a tracking stock is a sad way for the first internet directory to die.
[1] The last vaguely interesting thing I can remember was Yahoo Pipes.
Still the third most visited Web property in the United States According to Alexa it's the 5th [1] but I'm sure it's not a huge difference between third and fifth. Yahoo still makes almost $5BN a year. It's a 24 year old internet behemoth. I mean by any reasonable measure of a company, those are ungodly numbers. Given how people talk about Yahoo though you'd think it was populated with lepers. I guess it's all about…
Part of it is that this is HN, and Yahoo as an internet company has been boring for a long, long time[1]. Another part of it is that it shows the incredible value of inertia. Sports scores and email is with $5B. And I think a third is just a bit of schadenfreude from the internet insider set. Selling half of yourself to a Baby Bell-revenant and turning the rest into a tracking stock is a sad way for the first interne…
It's like the Minnesota Mining and Manufacturing Company (https://en.wikipedia.org/wiki/3M). They make $30 billion in annual sales with 55k products. How often do you hear about them? They're big, profitable, and news is mostly boring to HN interests.
With Aabaco being taken by the original spin-off plan, this is simply an alternative company name so that they still get the stock symbol they want for the investment company that will remain behind after all the web assets have been sold to Verizon.
That's it.