Verizon To Buy Yahoo's Core Business For $4.83B

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It looks like all those rumors about Verizon buying Yaho's core business turned out to be true. Verizon is plopping down $4.83 billion Yahoo's core business, slightly more than the $4.4 billion it paid for AOL last year.

Verizon Communications Inc (VZ.N) said Monday it would buy Yahoo Inc's (YHOO.O) core internet properties for $4.83 billion in cash to expand its digital advertising and media business, in a deal that ends a lengthy sale process for the fading Web pioneer. The purchase of Yahoo's operations will boost Verizon's AOL internet business, which it bought last year for $4.4 billion, and give it access to Yahoo's ad technology tools, BrightRoll and Flurry, and assets such as search, mail and messenger.
 
Hypergreatthing said:
What a waste of money.
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Maybe. For all its issues and declines, it is still one of the top sites for number of visits. If Verizon does a better job of integrating Yahoo then Yahoo did of integrating all the stuff they bought, it might work. Hope that Verizon has factored in the fact the ad blocking and script blocking are some of the top growth tech industries.

Still wondering how AT&T and Verizon will handle all of the AT&T customers that have Yahoo as their ISP provided email.
 
Dead Parrot said:
Maybe. For all its issues and declines, it is still one of the top sites for number of visits. If Verizon does a better job of integrating Yahoo then Yahoo did of integrating all the stuff they bought, it might work. Hope that Verizon has factored in the fact the ad blocking and script blocking are some of the top growth tech industries.

Still wondering how AT&T and Verizon will handle all of the AT&T customers that have Yahoo as their ISP provided email.
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Can't work. Everyone has beaten everything that yahoo has done. It's just a collection of crap at this point.
I also have a problem with an ISP buying a content site. There's a lot of conflicts of interest when it comes to net neutrality.
 
From the [H] front page, Sunday July 24, 2016.. and just 6 posts down..

Verizon To Pay $4.8 Billion For Yahoo’s Core Business

As I have written more than a few times.. just proof Steve doesn't visit this site on the weekends!!

STEVE.. can you frickin read the [H] weekend news posts every Monday morning so you can stop reposting old news!!

I hate it when I get a [H] Déjà Vu moment.. I'm too old :oldman: to spend my time wondering if I am going crazy or not!!

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:rolleyes: The repost/old post police are at it again. Same crap happens on other sites as well, gets *cough* old *cough* fast. :LOL:
 
="Insula Gilliganis, post: 1042440767, member: 154105"]From the [H] front page, Sunday July 24, 2016.. and just 6 posts down..

Verizon To Pay $4.8 Billion For Yahoo’s Core Business

As I have written more than a few times.. just proof Steve doesn't visit this site on the weekends!!

STEVE.. can you frickin read the [H] weekend news posts every Monday morning so you can stop reposting old news!!

I hate it when I get a [H] Déjà Vu moment.. I'm too old :oldman: to spend my time wondering if I am going crazy or not!!
duty_calls.png
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Hypergreatthing said:
Can't work. Everyone has beaten everything that yahoo has done. It's just a collection of crap at this point.
I also have a problem with an ISP buying a content site. There's a lot of conflicts of interest when it comes to net neutrality.
Click to expand...

Lots of armchair quarterbacks said the same thing about AOL, however they have a profitable core business. It just wasn't the business they were known for, and had a lot of crusty nastiness that needed to be jettisoned. Yahoo is much the same way, except they were more known for the bits that worked.

As fro servicing AT&T, verizon tries to bid email hosting contracts all the time. If yahoo comes with a viable framework to speed that up and decrease their cost, it can't do anything but hel their bids be competitive. Cause I've seen one of those bids first hand and it was not particularly attractive.
 
Yahoo still has a pretty strong core. It's still the 5th most popular site in the world. They still have one of the more popular e-mail services and news portals.
They have a strong ad network and several sub-sections like Yahoo Sports, Weather, Stocks, etc.
They aren't the Yahoo of the late 90's, but it's not like they're chopped liver either.
 
Nice to know all of the money we pump into Verizon will go to such good use. Instead of not raping their customers they are buying a pig in a poke.
 
you kinda had to wonder when the domain service was sold to another internic company. The website services sold to ABCO, and all the articles about yahoo.
 
So Verizon sells FIOS off to Frontier, so they can buy AOL and Yahoo? Sure, that sounds like a solid business plan :(
 
Well Yahoo will still hold onto their like $38 bil, in the form of Alibaba and Yahoo Japan.
 
Sounds like Verizon is gearing up for a future where customers have the shop at the company store
 
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