Yahoo to become Altaba, Marissa Mayer to leave board

You are reading the original article parsed for readability by Younews Reader as requested by you. Here is the original article: http://www.newsbytesapp.com/timeline/Business/1033/28343/yahoo-the-troubled-tech-giant
Yahoo - The troubled tech giant
Business

Yahoo - The troubled tech giant

10 Jan 2017 | By NewsBytes Desk

Yahoo said that the company would be renamed as Altaba Inc, and CEO Marissa Mayer may quit the board after concluding the Verizon deal.

Yahoo decided to sell its core Internet business, digital advertising and email and media assets, to Verizon for $4.83 billion.

However, the deal may be scrapped in light of the recent massive data breaches that affected Yahoo's servers.

Timeline

Next Timeline

Related Timelines

India uses more groundwater than US, China combined

India

23 May 2017

17 million accounts on Zomato 'hacked'

Business

18 May 2017

Walt Disney soars on a "tale as old as time"

Business

10 May 2017

      Science

All rights reserved © NewsBytes 2017

---End of Article---