Yahoo to Spin Off Its Core Businesses

Post by guelo » Wed, Dec 09, 2015, 5:23 PM UTC

jackgavigan wrote: post #184

charlesdm wrote: post #180

Earlier quoted context omitted.

She's throwing the company away she is currently CEO of. The BABA stake had to be separated from Yahoo, but this is literally the worst possible way, aside from selling the shares + paying taxes, to achieve this.

What's so bad about it? The end result is the same as the original plan - one company with a stake in Alibaba, and another company with Yahoo's core businesses and the Yahoo Japan stake.

Post by idlewords » Wed, Dec 09, 2015, 5:26 PM UTC

MrApathy wrote: post #91

fluxquanta wrote: post #29

Earlier quoted context omitted.

I can't speak for chollida1, but for me as an "older millennial" (28) Yahoo was how I came to discover the internet. Between the chats, instant messenger, search before Google, multiplayer games online with strangers (albeit simple ones like chess and poker), and Geocities it was my first taste of the types of things I do online to this day. I think it's okay to mourn a bit for how we remember the company.

As an even older millennial (35), I have very fond memories of Yahoo. I remember receiving a two-disk copy of Netscape Navigator from a local ISP at a computer show in early 1995 and setting the home-page immediately to Yahoo. At the time I remember seeing hard copies of "The Internet Yellow Pages" at the local Barnes and Noble, but most search was through Yahoo or Alta Vista. Back then AV had several fewer orders of…

Post by smackfu » Wed, Dec 09, 2015, 5:27 PM UTC

kaizendad wrote: post #131

chollida1 wrote: post #17

Yahoo had to do this. They had been hanging onto the belief that the IRS wouldn't tax their Alibaba spin out, a belief that they and their tax accountants alone believed. Most telling is that Yahoo was up after the markets closed on this news. Heck Bloomberg just sent me a note saying the sentiment of the news on Yahoo was very positive, even the machines like this news:) Sadly this probably means 3 things are going…

This is cleverer than people are giving them credit for. It delivers immediate value to shareholders; it delivers opportunities for long term growth to shareholders; it creates one valuable Asian property that can acquire other properties and continue to deliver shareholder value; it creates a US company that is easier to acquire than it used to be, without the Alibaba share, and thus could be bought by a big media c…

Post by perseusprime1 » Wed, Dec 09, 2015, 5:33 PM UTC

chollida1 wrote: post #17

Yahoo had to do this. They had been hanging onto the belief that the IRS wouldn't tax their Alibaba spin out, a belief that they and their tax accountants alone believed. Most telling is that Yahoo was up after the markets closed on this news. Heck Bloomberg just sent me a note saying the sentiment of the news on Yahoo was very positive, even the machines like this news:) Sadly this probably means 3 things are going…

Post by ahh » Wed, Dec 09, 2015, 5:35 PM UTC

rchaud wrote: post #119

epmatsw wrote: post #110

I wonder what will happen to their fantasy football product. It's wayyyy better than their competitors

It is odd that Yahoo's stake of the fantasy sports market constantly goes unmentioned while daily fantasy startups like Draft Kings is currently bathing in VC cash and media coverage.