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Yahoo, Inc is No More

posted by martyb on Wednesday June 14 2017, @03:58AM   Printer-friendly
from the bring-out-your-dead-parrot-jokes dept.

Thexalon writes:

Yahoo Inc, long-standing "other search engine", will be acquired by Verizon for $4.5 billion.

Reports can be found on CNN, CNBC, and Fortune among many other sources.

Yahoo CEO Marissa Meyer will be walking away with $23 million.

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  • (Score: 5, Interesting) by Jeremiah Cornelius on Wednesday June 14 2017, @04:23AM (2 children)

    by Jeremiah Cornelius (2785) on Wednesday June 14 2017, @04:23AM (#525259) Journal

    Yahoo! NEVER made ONE "good" acquisition! They destroyed financial or intrinsic value of everything they ever touched!

    CoolIris, Anyone? Geocities, Music Match? Broadcast.com? Hotjobs? FoxyTunes?

    Meedio was a great project. They totally removed from distribution and screwed to pooch-city. There were a dozen like this.

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  • (Score: 2) by DannyB on Wednesday June 14 2017, @02:30PM (1 child)

    by DannyB (5839) Subscriber Badge on Wednesday June 14 2017, @02:30PM (#525434) Journal

    FTFY . . .

    They destroyed financial or intrinsic value of everything they ever torched!

    A one character edit distance.

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    • (Score: 2) by Jeremiah Cornelius on Wednesday June 14 2017, @02:45PM

      by Jeremiah Cornelius (2785) on Wednesday June 14 2017, @02:45PM (#525445) Journal

      And I meant to say, this ability to destroy product acquisition predates Mayer. Filo and Yang made it almost an artform.

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