Yahoo's sale

It's finally here. Yahoo's internet search business will likely be sold to either Verizon or AT&T.

Personally I think Mayer was a politically correct hire who was never right for the job. Her horrendous deal with Mozilla will plague the buyer.

Another once-great internet business bites the dust. Apple and Tesla will soon follow.

Discuss.

 

yes, finally! what an incredibly long drawn out sale process it has been!

 

Why does it matter to you?

 

I agree -- Yahoo is shit; it should be ignored as a trader -- it's kind of like penny stocks.
There are better/greater ways and things to trade.

 

I expect Yahoo Finance to turn into complete crap once it's sold. All freebies are monetized and I won't be visiting the site any longer.

 

I like and use the FREE data. Let's hope the buyer at least keeps that going.

 

Mayer is one of the worst top CEO's right now; she took a sound company and made an outsider.

 

Can someone explain why such companies like Verizon or AT&T might want to buy Yahoo? Is there any connection between these businesses?

 

Verizon owns AOL, which if combined with Yahoo's core business can be a source for significant ad revenues (or so they hope).

 

Trade unions are a cancer for big telecom like Verizon and At&t. The only way to get away from the low growth cable and infrastructure work (dominated by blue collar over-compensated union people), these "old" companies are diversifying into the information and online ad business.