Marissa Mayer has laid off thousands of Yahoo employees over the last four years, all in an effort to turn things around for the company. It didn’t work, and neither did any of her other turnaround efforts, which is why Yahoo’s shareholders have decided to throw in the towel and sell the company’s core business to Verizon… Continue reading Verizon has acquired Yahoo’s core business for $4.8 billion
Category: Yahoo
Yahoo is auctioning off 3,000 patents and its core web business
After months of rumors and speculation that it’s going to auction off its core web business, Yahoo has finally decided to throw in the towel and do just that, and Verizon looks like the most likely buyer at the moment with a $3 billion bid. The company is also auctioning off a portfolio of about… Continue reading Yahoo is auctioning off 3,000 patents and its core web business
Microsoft might be willing to fund a Yahoo acquisition
Remember that time Yahoo turned down a $44.6 billion acquisition offer from Microsoft? Well, here we are eight years later and Microsoft has developed some very successful competitors to Yahoo’s own services, while Yahoo is looking to sell itself off for an amount that will undoubtedly be far less than what Microsoft offered back in 2008. That being… Continue reading Microsoft might be willing to fund a Yahoo acquisition
Yahoo is killing off even more of its products
It seems like not a day goes by without more evidence of Yahoo’s imminent demise popping up, and I have no idea why watching it all unfold is so entertaining to me, especially considering I haven’t even used a Yahoo service in years. The most-recent evidence of the company’s demise comes in the form of… Continue reading Yahoo is killing off even more of its products
Yahoo may have finally accepted its fate
Everyone had high hopes for Yahoo when Marissa Mayer became the company’s CEO back in 2012, but that hope has long since given way to resignation, as it’s become abundantly clear that Yahoo isn’t going to be able to turn things around. However, even though Yahoo’s own employees are waiting for its inevitable demise, the company has refused… Continue reading Yahoo may have finally accepted its fate
Yahoo is killing off most of its digital magazines
Yahoo’s financial woes have forced the company to put all of its focus on the businesses that are actually making money, while everything else is either being put on the back burner or killed off entirely. Most of the company’s digital magazines will be suffering the latter fate, as Yahoo has confirmed that just about all of… Continue reading Yahoo is killing off most of its digital magazines
Yahoo’s financial struggles mean more autonomy for Tumblr
There’s been quite a lot of fighting between Tumblr and Yahoo over the last year, as the latter company has been trying to integrate Tumblr’s sales team into its own sales organization. Not only does this go against Yahoo’s promise that Tumblr would remain mostly autonomous even after its acquisition, but because Yahoo can’t even… Continue reading Yahoo’s financial struggles mean more autonomy for Tumblr
Yahoo plans to cut its workforce by about 15% by the end of the year
Marissa Mayer has already written a kill list for Yahoo’s employees, and now it’s time for the CEO to start killing off the people who’re unfortunate enough to work for one of the company’s less successful divisions. Yahoo has turned down a number of acquisition offers in recent weeks because it believes that restructuring itself will… Continue reading Yahoo plans to cut its workforce by about 15% by the end of the year
Marissa Mayer has written a kill list for Yahoo’s employees
The fate of Yahoo’s employees is being determined by where they are on the new kill list that CEO Marissa Mayer has written up, though I’m sure many of them wouldn’t mind getting fired at this point. The list is the basis for the company’s current restructuring efforts, and it’s really pretty simple: Yahoo wants… Continue reading Marissa Mayer has written a kill list for Yahoo’s employees
Yahoo turned down numerous acquisition offers this month
Most people have lost all hope that Yahoo will be able to turn things around, including many of its own employees, but it looks like the company still has no intention of selling off its assets. Sure, it’s willing to lay off about 10% of its workforce, but according to Reuters, the company is so adamant… Continue reading Yahoo turned down numerous acquisition offers this month