Mayer Going Gone & Yahoo! renamed Altaba

Discussion in '[H]ard|OCP Front Page News' started by Kyle_Bennett, Jan 9, 2017.

  1. Kyle_Bennett

    Kyle_Bennett El Chingón Staff Member

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    I am not sure anyone that reads HardOCP actually gives a damn, but here is some cut and paste action just in case.

    Mayer, five others to resign from Yahoo board; company to be renamed Altaba

    SAN FRANCISCO — Yahoo CEO Marissa Mayer, co-founder David Filo and others plan to resign from the company's board when it completes its $4.8 billion sale to Verizon.


    Alt-aba? Al-taba? Dunno, don't care.
     
  2. HeadRusch

    HeadRusch Gawd

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    What does Yahoo own that's actually considered lucrative in a go-forward-to-the-future nod, all of their shit is leftover from the heyday of the 90's.....what, Verizon is desperate for old messenger technology!? :p
     
  3. Kyle_Bennett

    Kyle_Bennett El Chingón Staff Member

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    I do know that its mail service is still a huge undertaking.
     
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  4. westrock2000

    westrock2000 [H]ardForum Junkie

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    Why the hell would you get rid of the name Yahoo!(?). WTF were they buying for $4.8B if it wasn't the name?
     
  5. thesmokingman

    thesmokingman [H]ardness Supreme

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  6. Parja

    Parja [H]ardForum Junkie

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    Oddly close to Alibaba.
     
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  7. Ur_Mom

    Ur_Mom I'm Not Serious

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    I was thinking the same. I guess we'll find out. I'm not overly optimistic.
     
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  8. Twisted Kidney

    Twisted Kidney 2[H]4U

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    Or course, new ownership is going to clean house and put their team in charge, this is most likely nothing abnormal.

    However, given the revelations since the shopping and tentative sale, they might be in a heap of trouble depending on what the new masters see. Obviously, I have no idea what has gone on internally over the last five years, you can bet your ass there's a lot of very detailed examination going on at Yahoo.

    Pardon, "Alt-tabby" or whatever.
     
  9. dgz

    dgz 2[H]4U

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    don't worry altaba, everything is under controlla
     
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  10. Makaveli@BETA

    Makaveli@BETA [H]ard|Gawd

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    I thought Verizon was trying to pull out of the deal or have the amount lowered because of all the breaches they conveniently failed to mention.
     
  11. Bigbacon

    Bigbacon [H]ardForum Junkie

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    sounds like i need to start chaning things that use my yahoo email to something else.
     
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  12. snowcrash

    snowcrash Gawd

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    This smacks of arrogance from the CEO or the combined boards and excutives to rename an iconic name to something completely stupid. Sometimes I wish I'm a dictator and with that power force the company to go through with the name change just to see that $4.8B acquisition go completely down the drain.
     
    Last edited: Jan 9, 2017
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  13. Spidey329

    Spidey329 [H]ardness Supreme

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    Yahoo owns about 15.4% of Alibaba, iirc .

    Also, this name change is for the holding company that owns Yahoo. Oddly, it was also called Yahoo.

    This is similar to when Google made their holding company "Alphabet". The brand Google is still around, but the investments they made had outgrown that brand.
     
  14. Azrak

    Azrak Limp Gawd

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    Altavista + Alibaba = Altaba?

    At least the Alt-Tab part is right; right on to the next program.
     
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  15. Not_So_Hard

    Not_So_Hard [H]ard|Gawd

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    "Today Yahoo owns roughly 15 percent of Alibaba"
    "The new name is meant to be a combination of the words “alternative and Alibaba,” according to a person familiar with the company’s thinking, who didn't want to be named because the individual was not authorized to speak on the record about the name change." (LINK)

    I view Altaba as just a play on Alt+Tab: Time to switch to another task.
     
  16. Burticus

    Burticus 2[H]4U

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    Should call it "Alt-F4-ah"

    This is about this stupidest thing I have heard of today. Not ever, just today.
     
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  17. cyclone3d

    cyclone3d [H]ardForum Junkie

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    All the blackmail useable photos that idiots post on their Flikr accounts.
     
  18. Insula Gilliganis

    Insula Gilliganis [H]ard|Gawd

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  19. nilepez

    nilepez [H]ardForum Junkie

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    Go look at the sites with the most traffic. Yahoo has several of them. Yahoo Mail, yahoo Sports and Yahoo Finance are all popular sites. Yahoo Finance and Sports are #1 sites in those categories by traffic and Yahoo's collection of sites make it roughly the 5th most trafficked site on the web.
     
  20. nilepez

    nilepez [H]ardForum Junkie

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    They aren't. The holding company that's left after the sale is Altaba. That company will hold the stock in Alibaba and Yahoo Japan, which will be sold off to investors in the most tax efficient way possible.
     
  21. travisty

    travisty Limp Gawd

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    All the IP. I can only assume Yahoo's IP portfolio is quite healthy.
     
  22. bigdogchris

    bigdogchris Wii was a Novelty

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    I can't believe they would ditch the Yahoo name. That's a lot of money to invest into a company that no one is going to have heard of.
     
  23. Xrave

    Xrave [H]ardness Supreme

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    Yahoo auctions in Asia is huge. I'm sure there is a nice revenue generator there.
     
  24. Cerulean

    Cerulean [H]ardForum Junkie

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    April fools is too early this time of year
     
  25. elation

    elation Gawd

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    I'm in the process of moving all my crap away from them. Huge PITA. With their security breach problem they ended up locking me out of an account via the web. I can still access it from my phone though. Just glad it wasn't the main account. Done with them - see ya!
     
  26. Prisoner849

    Prisoner849 Limp Gawd

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    Rittre by rittre we buying you countly.
     
  27. dark_reign

    dark_reign [H]ard|Gawd

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    Closed my Yahoo account last year after the massive hack. Buh bye.

    They were a thing back in the late 90s and early 00s, but they haven't been relevant since the rising popularity of Google and alternative news and social networks. Changing the name says they already have one foot in the grave.
     
  28. Cobalt35

    Cobalt35 [H]ard|Gawd

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    I'm with Kyle on this one. It's interesting to note but ultimately I just don't give a shit.
     
  29. atp1916

    atp1916 2[H]4U

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    The beginning of the end for Verizon.
     
  30. Gavv

    Gavv Pick your own.....you deserve it.

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    I doubt it
     
  31. Dunnlang

    Dunnlang Limp Gawd

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    But is the ~40+ crowd that valuable to advertisers? Maybe their email is worth more than their eyeballs for commercials.
     
  32. Dunnlang

    Dunnlang Limp Gawd

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    Sounds like you're at least 3 years too late to that party.
     
  33. B00nie

    B00nie [H]ardness Supreme

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    Maybe they're hoping to catch even a few clicks from people who mistype alibaba :D
     
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  34. lilbabycat

    lilbabycat 2[H]4U

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    Female CEO's are poison for tech companies that aren't already in dominant+comfortable positions. Prove me wrong.
     
  35. wyqtor

    wyqtor Limp Gawd

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    Lisa Su?
     
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  36. westrock2000

    westrock2000 [H]ardForum Junkie

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    [​IMG]

    [​IMG]
     
  37. Kyle_Bennett

    Kyle_Bennett El Chingón Staff Member

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    Did you just assume ze's identity?
     
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  38. HeadRusch

    HeadRusch Gawd

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    Had no idea, but assumed this was why they were aquiring, not Yahoo itself but perhaps its holdings, its patents if it has any, and established infrastructure. I wasn't aware that Yahoo Sports and such were big-deals.....thing is the brand is dated, it's like someone making a big deal out of buying-up SEARS or something. To me, Sears is where I go to buy garden hoses, gas grills and maybe appliances, depending if Best Buy will deliver the same thing sooner or not, with Yahoo I just can't imagine anything with them being modern. So maybe this talks to the issue with branding, the Yahoo name people recognize, but are they recognizing it the way I am....as a fossil.
     
  39. lilbabycat

    lilbabycat 2[H]4U

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    Holding my breath till Zen / Ryzen.
     
  40. NeoNemesis

    NeoNemesis [H]ard|Gawd

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    FTFY