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Oath and Mozilla are in a legal battle over a Yahoo search deal
Yahoo's new owner Oath — which, in turn, is owned by telecom giant Verizon — is now in a legal battle with browser company Mozilla over a search deal that was struck by former Yahoo CEO Marissa Mayer.
Last week, Yahoo Holdings and Oath filed a complaint against Mozilla, alleging that it improperly terminated an agreement between Mozilla and Yahoo. Now, Mozilla just filed a cross-complaint, claiming breach of contract.
Mozilla announced that it was going back to Google, which had been its longtime search provider, in mid-November in the U.S., Canada, Hong Kong and Taiwan. Google had remained its partner in other countries and Mozilla also has deals with Yandex in Russia and Baidu in China. At the time, it also announced a new browser, Firefox Quantum.
Mozilla's counter-claim says that Yahoo!/Oath missed payments.
Yahoo Holdings complaint and Mozilla blog post.
Also at The Register and ZDNet.
Previously: Firefox Deal With Yahoo not Secured. Mozilla Could Lose Their Main Sponsor
Mozilla Could Walk Away from a New Yahoo Owner and Still Get $1 Billion
Verizon to Buy (Parts of) Yahoo! For $4.83 Billion
Verizon to House Yahoo! and AOL Under "Oath" Brand
(Score: 4, Insightful) by Gaaark on Friday December 08 2017, @02:22AM (8 children)
What the hell is AOL and Yahoo?
AOL used to be what you called those disks you got in the mail by the thousands and I heard an old person mention yahoo once, but they're extinct now, aren't they?
--- Please remind me if I haven't been civil to you: I'm channeling MDC. ---Gaaark 2.0 ---
(Score: 4, Insightful) by Kymation on Friday December 08 2017, @03:28AM (1 child)
Companies buy up failing companies and combine them. Somehow that's supposed to make them successful. While it sometimes works (IBM was formed by combining three failing manufacturing businesses) it usually seems to result in a larger failing company.
Maybe AOL and Yahoo have some assets we don't know about. A lot of cash in the bank, a large CD pressing plant (those AOL CDs had to come from somewhere). Maybe it just makes it easier to loot the resulting company and then bankrupt it. Or maybe they want to persuade someone else that it has value so they can resell it at a profit.
You probably have to have an MBA from some big school to understand their reasoning.
(Score: 0) by Anonymous Coward on Friday December 08 2017, @09:51AM
That is not why they do it. The process is to enrich the executives involved in the transaction, even if it comes at the expense of stockholders.
Everyone understands greed.
(Score: 3, Informative) by captain normal on Friday December 08 2017, @03:36AM (4 children)
Hey if it wasn't for AOL and all the free CDROMs we would never have been able make shiny ashtrays, or flashy room dividers not to mention solar cookers. Actually AOL was the first to charge a flat fee for internet connections. 20$ a month for all the 56 kbs you could use. They also provided million of folks an email address and a presence on the interwebby thingy.
As for Yahoo...that was something weird that happened between Alta Vista/ Dog Pile and google. Not sure what it was though.
When life isn't going right, go left.
(Score: 3, Insightful) by Arik on Friday December 08 2017, @03:51AM (1 child)
A catastrophe which is mourned by my people.
http://www.catb.org/jargon/html/S/September-that-never-ended.html
If laughter is the best medicine, who are the best doctors?
(Score: 2) by captain normal on Friday December 08 2017, @05:06AM
And thus we now have SN...spawn of /. and MySpace. :-))
When life isn't going right, go left.
(Score: 0) by Anonymous Coward on Friday December 08 2017, @12:25PM
Don't forget holiday ornaments. Microwave a CD for a few seconds, and you get a light show in the microwave and a disk with all kinds of pretty fractal-like blue lines through it.
(Score: 0) by Anonymous Coward on Friday December 08 2017, @01:49PM
Some of us greybeards remember AOL floppies. They at least could be re-used. I once got an AOL disk at the drive-thru at McDonalds much to my surprise. Never used AOL but I did use CompuServe until I got sick of the slow speed and discovered a local dialup.
(Score: 2) by stretch611 on Friday December 08 2017, @07:32AM
Yahoo... hmm... sounds familiar...
oh, yeah... I know... its a Web Directory [wikipedia.org]... one of those new fangled things on that series of tubes.
Now with 5 covid vaccine shots/boosters altering my DNA :P