Yahoo: Business Issues

  • In final earnings report, Yahoo beats Wall Street with $1.3B in revenue

    … at roughly $4.5 billion, with Yahoo retaining responsibility for any legal fallout from several massive data breaches. Once it does close, Yahoo will live beside AOL in a new Verizon business unit poorly named “Oath” (vaguely reminiscent of Homer Simpson’s “d’oh!”). Both AOL and Yahoo brands will survive, but operations will likely be consolidated. Yahoo…

    Greg Sterling/ Marketing Land- 18 readers -
  • Yahoo CEO Mayer and co-founder David Filo to step down from Yahoo board

    … business.” The remaining assets, the company’s multi-billion dollar stake in Alibaba and Yahoo Japan, will reside in a company to be called “Altaba Inc.” According to the Wall Street Journal the name derives from mashing up “alternate” and “Alibaba. Most financial analysts maintain that nearly two-third’s of Yahoo’s market value will remain in Altaba…

    Greg Sterling/ Marketing Land- 16 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- 12 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- 9 readers -
  • Verizon buying Yahoo for $4.83 billion

    … Following several rounds of bidding and rumors this weekend, this morning it was confirmed that Yahoo is being acquired by Verizon for $4.83 billion. In 2015 Verizon acquired AOL for roughly $4.4 billion. This means that, effectively, AOL and Yahoo will be merging, a deal once proposed by AOL but rejected by Yahoo before the Verizon…

    Greg Sterling/ Marketing Land- 16 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- 10 readers -
  • WSJ: Verizon offering $3 billion for Yahoo’s core business

    … Yahoo is worth $35 billion but Verizon is expected to bid about $3 billion for the company, according to the Wall Street Journal. Previously, analysts had anticipated bids of between $4 billion and $8 billion. In 2008, Microsoft offered to buy Yahoo for roughly $45 billion. Second round bids are being submitted this week. The other suitor…

    Greg Sterling/ Marketing Land- 9 readers -
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