What happens when you sell one huge tech company to another?
Lots of things, potentially, but in the case of Yahoo and Verizon, a name change and some big shifts in the company’s board. But what does it all mean for the future of Yahoo, and it’s CEO Marissa Mayer?
In IT Blogwatch, we have some theories.
So what is happening? Martyn Williams has the background:
Yahoo intends to change its name to Altaba once the sale of its internet portal to Verizon is completed. CEO Marissa Mayer and co-founder David Filo also will leave the company then…The changes are part of a $4.8 billion dollar deal signed in July 2016 to sell Yahoo.com to Verizon.
Altaba? What’s with the name change? Joe Mullin explains: