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Verizon Sells AOL and Yahoo to Apollo for $5B

nytimes.com

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Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#22

Post by comeonseriously »

yalogin wrote: post #13

This was never in doubt. Everyone knew this was going to happen. Are non tech companies really that foolish to think they can salvage a brand that was relevant 10 years ago and revive it? I have a feeling this is some kind of tax avoidance scheme. Knowing nothing about taxes and accounting I will let knowledgeable people correct me.

Maybe all Verizon wanted were the names of the people who were signed up with Yahoo so they could glean all their ones and zeros as well as some cash selling them phone plans?

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#26

Post by soco »

bdcravens wrote: post #18

"This next evolution of Yahoo will be the most thrilling yet" I'm very skeptical about that claim.

"thrilling" as in "causing great emotional or mental stimulation" could mean actually anything, like pondering where you could quickly move your decades of stored emails...

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#29

Post by treesknees »

mfer wrote: post #15
yalogin wrote: post #13

This was never in doubt. Everyone knew this was going to happen. Are non tech companies really that foolish to think they can salvage a brand that was relevant 10 years ago and revive it? I have a feeling this is some kind of tax avoidance scheme. Knowing nothing about taxes and accounting I will let knowledgeable people correct me.

Yahoo is still in wide use by people and AOL owns a number of properties and has a decent ad business. It may be that these companies were trying to extract value from them. This happens a decent amount these days. It's less about salvaging a brand.

In the past few years I've come across several businesses (landscaping, home repairs, etc.) that have been communicating with me using Yahoo email addresses. Many people forget that Yahoo mail was the "Gmail" of its time, and many of those users are still around, especially non-tech oriented users and businesses who have no incentive to switch to anything else.
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