Yahoo: Business Issues

  • Yahoo CEO Mayer and co-founder David Filo to step down from Yahoo board

    … Assuming the massive hacking disclosures Yahoo made over the past several months don’t derail the Verizon acquisition of the company, CEO Marissa Mayer, Yahoo co-founder David Filo and four other directors will leave the board after the $4.8 billion deal closes. Yesterday the board changes were announced in an SEC “8-K” filing: [T]he Board has…

    Greg Sterling/ Marketing Land- 18 readers -
  • Is the Verizon-Yahoo deal going south?

    … Verizon is reportedly going to declare the massive Yahoo data breach as a “material” event. If so, it has the potential to kill the deal. It’s also possible Verizon is using this threat as a way to extract price concessions from Yahoo. According to the New York Post, Verizon is seeking a $1 billion discount on the price it agreed to pay…

    Greg Sterling/ Marketing Land- 13 readers -
  • Bringing ’90s nostalgia into a mobile world

    … If we take a look back at the names hitting the headlines over the past couple of months — Pokémon, Super Mario and Yahoo — something stands out: ’90s nostalgia is back in a big way. However, brands like these, when looking to bring those familiar names into the modern world, will quickly find the game has changed. This is the story of two…

    Josh Todd/ Marketing Land- 10 readers -
  • Verizon buying Yahoo for $4.83 billion

    … portfolio).” When the Verizon deal closes, those assets will trade under a different investment company name. Yahoo was founded in 1994 and went public two years later in 1996. In February 2008 Microsoft tried unsuccessfully to acquire the company for roughly $45 billion but a year later acquired its search business. Verizon says that “Yahoo…

    Greg Sterling/ Marketing Land- 18 readers -
  • Yahoo revenue up in Q2, but earnings per share misses expectations

    … Yahoo has reported hit-and-miss earnings today for the second quarter of 2016. The company says it earned about $1.31 billion, up from $1.24 billion last year and ahead of the expected $1.08 billion. But earnings per share came in at nine cents, below the expected 10 cents per share. In Q2 of 2015, earnings per share were 16 cents. Yahoo…

    Matt Mcgee/ Marketing Land- 11 readers -
  • WSJ: Verizon offering $3 billion for Yahoo’s core business

    … of Yahoo’s assets. The WSJ article says, for example, the company isn’t interested in Yahoo’s physical real estate or patents. If Verizon were successful in buying most of Yahoo it would then need to integrate the company with its AOL asset, which would be complex and probably result in considerable layoffs. A sale of Yahoo’s core business is very…

    Greg Sterling/ Marketing Land- 9 readers -