Yahoo to become Altaba, Marissa Mayer to leave board

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Yahoo - The troubled tech giant

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.


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