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The End of Yahoo - Sold Out for $5bn

Discussion in 'General Discussions and Lounge' started by Marc, Jul 19, 2016.

  1. Marc

    Marc 武士- Spamurai moderator affiliate

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    Old Headline: The dying Internet Giant - Yahoo's crash continues

    The new quarterly figures from Yahoo: The crash continues, the losses widen to $ 440m.



    The company is currently for sale and has now slipped deep into the red. According to my news feed the blame lies with the blogging site Tumblr, that Yahoo had bought in 2013 for almost $ 1.1 billion.

    The plans of Yahoo CEO Marissa Mayer to win young customers with Tumblr failed. The value of Tumblr has decreased to one-third of his purchase price. Thus, the loss of Yahoo in the last quarter increased to $ 440 million.

    According to the technology-blog 'Recode' the current figures are those of a "dying business."

    More on this at Yahoo: Still no buyer as losses widen to $440m - BBC News

    .
     
    Last edited: Jul 25, 2016
  2. Marc

    Marc 武士- Spamurai moderator affiliate

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  3. GabrielVeedkit

    GabrielVeedkit Service Manager Service Manager affiliate

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    And to think that once Google offered to sell itself to Yahoo for 1M...
    And thats the way the cookie crumbles... :)
     
    Marc likes this.
  4. Marc

    Marc 武士- Spamurai moderator affiliate

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    Yep, and there are yet more of such cookies: In 2008 Microsoft offered $44bn for yahoo, and in the boom times of the 'dot com'-era yahoo was estimated at a value of $125bn o_O
     
  5. T J Tutor

    T J Tutor Administrator Administrator moderator affiliate

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    This is a preemptive market move for Verizon I think. It's good to remove trash from a market when you are in a position to move to the head of the line. I bet the big V is just street cleaning here.
     
    Marc likes this.
  6. Marc

    Marc 武士- Spamurai moderator affiliate

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    That's what I thought, too. Simply to pulp AOL and Yahoo, getting a free view, but keep a few Joker up in the sleeve ;)
     
  7. game333

    game333 Moderator moderator affiliate

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    Big shark eat small fishes, weakling are always the weakling.
    Sadly, anyone here are yahoo user?
     
    Marc likes this.
  8. Marc

    Marc 武士- Spamurai moderator affiliate

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    10, 15 years ago yahoo was a GIANT - fast changing times!
    I told you, you can get Marissa Mayer as cheap as never before- now you could be a Mayer-user :D
     
    game333 likes this.
  9. game333

    game333 Moderator moderator affiliate

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    please define "cheap", I'm sure it's not $0.01 you're trying to say
    [​IMG]

    Yahoo! Was big, was biggest in Taiwan.
    Everyone uses Yahoo! in Taiwan.
     
    Marc likes this.
  10. igobyterry

    igobyterry Service Manager Service Manager affiliate

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    It is interesting see Verizon turning into a content powerhouse, with AOL & now Yahoo. If they capitalize right, Yahoo could be a great purchase - the have great sports coverage, including fantasy sports. They broadcasted a NFL game too, and it was excellently handled.
     
  11. Dr. Forum

    Dr. Forum Affiliate affiliate

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    It is true that yahoo has been struggling a lot. I do think the mistake they made was they did not embrace flexibility when technology was growing very fast. I will say that the best thing they can be able to do now is either partner with a company that is doing very well or just decide to sell the company off. I am seeing the struggles that it is going through and getting out clean is such as hustle. Let us watch this space.
     
  12. squeeze

    squeeze Affiliate affiliate

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    Why yahoo not allowed to have a room chat anymore.I have a lot of account there.Like bellsouth.net,Rogers.com,kimo.com.
    Hope yahoo still struggling after they lost millions of chatters.
     

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