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Investopedia reports[1]
Marissa Mayer's disappointing reign as CEO of Yahoo (YHOO) is looking pretty rich for her. According to documents filed on [April 24], Mayer will make $186 million once the internet company that she was criticized for running into the ground finally sells its core holdings to Verizon (VZ). The protracted $4.48 billion merger, which was delayed following a number of big security breaches, is expected to be completed in June.
Security filings state that Mayer's Yahoo stock, stock options and restricted stock units are worth up to $186 million, based on Monday's share price of $48.15. That hefty payout, which will come on top of Mayer's regularly salary, bonuses, and stock that she has already sold, will be rewarded to her if Yahoo shareholders vote to sell the company June 8.
[1] They should validate their HTML--especially if they are going to put styling in that. (It's been a long time since I've seen something with anywhere near 388 flagged items.)
(Score: 2) by takyon on Thursday April 27 2017, @06:05PM
Microsoft dodged a bloated Yahoo-sized bullet. And they are by no means losing money [microsoft.com].
Nowadays Microsoft is making a stab at copying Chromebooks and addressing the absolute failure of Windows RT. On the phone front, well... [geekwire.com]
Theoretically, Microsoft could sell their own Android phone packed with Microsoft Skype, Office, etc. Push the phone-dock-to-PC capability which has yet to catch on but could work in an era of flagship smartphones with 6-8 GB of RAM. But the smartphone space is so incredibly saturated, with even Google pushing their own phones.
Microsoft has a good chance to do something exciting on the VR and particularly the AR front, but I don't like the current specs of HoloLens and MS will face a tough fight in the segments from Google, Samsung, Sony, Oculus/Facebook, etc.
Still, Microsoft's future (or present) is bright in spite of all of its failures. They are a turbo-charged AOL, and they have enough money to try to make some more money. Forcibly. By gambling.
[SIG] 10/28/2017: Soylent Upgrade v14 [soylentnews.org]