Report: Verizon Closing in on Yahoo Deal

[engine]

It's the expected deal of the year, where Verizon is closing in on the deal to acquire Yahoo! Any day now is the expectation.

Verizon Communications Inc. is nearing a deal to buy Yahoo! Inc., beating out rival bidders for the iconic web pioneer, people familiar with the matter said.

Verizon is discussing a price close to $5 billion for Yahoo’s core internet business, one of the people said and the deal doesn’t include the company’s patents at this stage. While other assets including Yahoo’s real estate were also on the block, it could not immediately be learned if they are part of the deal. Report: Verizon Closing in on Yahoo Deal [bloomberg.com]

[born2run]

They couldn't leverage their services and fast implementation for mobile users that's why they lost to facebook etc

They used to have popular answers site but no mobile implementation. They had forums everywhere but reddit etc took over.

[Roman002]

Yahoo became scattered. jack of all trades. news email search hosting directories. all the products were mediocre and unloved. this is a perfect example of the long term consequences of nickle and diming. they saw the volume and created short term schemes to bill 10 to 30 dollars. It will work at first but before you know it the guy who is focused on product and not revenue is going to get it right and by the time you realize that its all over, as it should be.

[aristotle]

Perhaps Yahoo's biggest mistake was when they outsourced their web search to Google. The Yahoo search results page had the words "powered by Google" on it. Without this, Google might have never gone anywhere.

At the time Yahoo's directory was a big success, and generated far more revenue than Yahoo search. The management didn't see the potential of search.

[blend27]

When I was first introduced to IF/ELSE logic in a programming school our instructor was walking around the class-room exclaiming at every chance he got when the right answer to his question was produced. The sound was YAHOO!. Well Rick, here we go, a Verizon Company. That wouldn't sound right, would it?

[keyplyr]

Wonder is all the Slurp imposters will now start coming from Verizon ranges?

[blend27]

>>> Wonder is all the Slurp...

hope not, in any configuration.