Posts tagged with "CEO Marissa Mayer"
With Yahoo!, Verizon bets big on digital but gets nowhere near Google, FB
Yahoo!‘s pain is finally coming to an end. If media reports are to be believed, the company will be taken over by Verizon for about $4.8 billion.
Yahoo!, a pioneer in the internet space, has been in dire straits for the least few years. In April-June, Yahoo’s loss widened to $440 million and amounted to 46 cents a share, compared with a loss of $22 million, or 2 cents a share, a year ago.
A report in Associated Press said the fall in...