Balibabu Posted July 25, 2016 Report Posted July 25, 2016 New York: Verizon Communications Inc said on Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash to expand its digital advertising and media business, ending a lengthy sale process for the fading Web pioneer. The purchase will boost Verizon's AOL internet business, which it bought last year for $4.4 billion, as it gains access to Yahoo's ad technology tools, BrightRoll and Flurry, and search, mail and messenger assets. "Yahoo gives us scale that is what is most critical here, Marni Walden, who is head of product innovation and new business at Verizon told CNBC, adding that the company's audience will go from the millions to the billions. "We want to compete and that is the place we need to be." In a Tumblr blog post, Yahoo Chief Executive Officer Marissa Mayer said she planned to stay at Yahoo, but Walden, who will head the combined company, told CNBC the new leadership team has yet to be determined. "It's a decade of mismanagement that has finally ended for Yahoo," said Recon Analytics analyst Roger Entner. "It's the continuation of an extension of Verizon's strategy toward becoming a wireless internet player and a move away from (telecom) regulation for Verizon into an unregulated growth industry." The deal, expected to close in early 2017, marks the end of Yahoo as an operating company, leaving it with a 15 percent stake in Chinese e-commerce company Alibaba Group Holding Ltd and a 35.5 percent interest in Yahoo Japan Corp. Verizon, the No. 1 U.S. wireless operator, has in recent years looked to mobile video and advertising for new sources of revenue in an oversaturated wireless market. It has also scaled back on its Fios TV and internet service. Verizon could combine data from AOL and Yahoo users in addition to its more than 100 million wireless customers to create data to help advertisers specifically target users based on online behavior and preferences. Yahoo will continue as an independent company until the deal receives shareholder and regulatory approvals, the companies said. The sale does not include Yahoo's cash, its shares in Chinese e-commerce giant Alibaba Group Holding Ltd, shares in Yahoo Japan, Yahoo's convertible notes, certain minority investments or Yahoo's non-core patents. The Alibaba and Yahoo Japan investments are worth about $40 billion in terms of their market capitalizations, while Yahoo had a market value of about $37.4 billion as of Friday's close. Verizon prevailed over rival bidders for Yahoo, including AT&T Inc; a group led by Quicken Loans founder Dan Gilbert and backed by billionaire Warren Buffett; private equity firm TPG Capital Management LP; and a consortium of buyout firms Vector Capital and Sycamore Partners. Analysts at Mizuhou said the deal's price tag was largely in line with expectations at $5 billion. Under pressure from activist investor Starboard Value LP, Yahoo launched an auction of its core business in February after shelving plans to spin off its stake in Alibaba. In premarket trading, shares of Verizon were up 0.6 percent at $56.41, while shares of Yahoo dipped about 1 percent at $39.12. Quote
Balibabu Posted July 25, 2016 Author Report Posted July 25, 2016 Whatsapp 20 Billion ke poyindi but oldy worth 4.8 billion aa Quote
TOM_BHAYYA Posted July 25, 2016 Report Posted July 25, 2016 Just now, Balibabu said: Whatsapp 20 Billion ke poyindi but oldy worth 4.8 billion aa Current user base Quote
bhaigan Posted July 25, 2016 Report Posted July 25, 2016 merging with AOL.....I mean all Yahoo content merging with AOL.............. AOL is part of verizon... Good Move Quote
bongu_balraj Posted July 25, 2016 Report Posted July 25, 2016 good deal I guess, Verizon basic ga development channel ekuva untadhi kabatti koncham yahoo ni competition loki tiskostharemo ... Mana Desi lu Ika dhunnukuntaremo jobs and mainly offshore ... Quote
SeemaLekka Posted July 25, 2016 Report Posted July 25, 2016 16 minutes ago, Balibabu said: Whatsapp 20 Billion ke poyindi but oldy worth 4.8 billion aa Yahoo Timeline 1994 Yahoo - which stands for Yet Another Hierarchically Organized Oracle - is founded 2000 Yahoo valued at $125bn at height of dot.com boom 2002 Google rejects a $3bn bid from Yahoo 2008 Microsoft's $44.6bn offer for Yahoo is turned down 2013 Blogging site Tumblr acquired by Yahoo for $1.1bn 2015 Yahoo makes net loss of $4.4bn 2016 Verizon agrees $4.8bn deal to buy Yahoo http://www.bbc.com/news/business-36879831 Quote
mettastar Posted July 25, 2016 Report Posted July 25, 2016 1 minute ago, SeemaLekka said: Yahoo Timeline 1994 Yahoo - which stands for Yet Another Hierarchically Organized Oracle - is founded 2000 Yahoo valued at $125bn at height of dot.com boom 2002 Google rejects a $3bn bid from Yahoo 2008 Microsoft's $44.6bn offer for Yahoo is turned down 2013 Blogging site Tumblr acquired by Yahoo for $1.1bn 2015 Yahoo makes net loss of $4.4bn 2016 Verizon agrees $4.8bn deal to buy Yahoo http://www.bbc.com/news/business-36879831 bandlu odalu odalu bandlu ayyayi annamata. (google vs yahoo) Quote
Batman_fan Posted July 25, 2016 Report Posted July 25, 2016 Yahoo tried to do everything and ended up doing nothing and losing everything.....Google learned from this lesson, so separated it's core business from other yet-to-make profit entities and created alphabet. That way they know when to get rid of non-profit entity before it sucks up all google's margins. Quote
tennisluvr Posted July 25, 2016 Report Posted July 25, 2016 1 hour ago, SeemaLekka said: Yahoo Timeline 1994 Yahoo - which stands for Yet Another Hierarchically Officious Oracle - is founded 2000 Yahoo valued at $125bn at height of dot.com boom 2002 Google rejects a $3bn bid from Yahoo 2008 Microsoft's $44.6bn offer for Yahoo is turned down 2013 Blogging site Tumblr acquired by Yahoo for $1.1bn 2015 Yahoo makes net loss of $4.4bn 2016 Verizon agrees $4.8bn deal to buy Yahoo http://www.bbc.com/news/business-36879831 Officious not organized. Officious means bothersome. Quote
Balibabu Posted July 25, 2016 Author Report Posted July 25, 2016 57 minutes ago, Batman_fan said: Yahoo tried to do everything and ended up doing nothing and losing everything.....Google learned from this lesson, so separated it's core business from other yet-to-make profit entities and created alphabet. That way they know when to get rid of non-profit entity before it sucks up all google's margins. mothaniki kudustuney vundi anamata since google started rising.... Quote
perugu_vada Posted July 25, 2016 Report Posted July 25, 2016 Yahoo epudo biscuit aindi since long time ammeyataniki chustunaru, micro soft vadu try chesadu konataniki, Quote
Picha lite Posted July 25, 2016 Report Posted July 25, 2016 1 hour ago, mettastar said: yahoo messenger Buzz Quote
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