Verizon bought Yahoo

UnixGuyUnixGuy Are we having fun yet?Mod Posts: 4,229 Mod
Yahoo sold to US telecoms giant Verizon - BBC News

End of an era. Yahoo was one of the early innovators in the Internet world...

Comments

  • TechGromitTechGromit GSEC, GCIH, GREM, Ontario, NY Member Posts: 2,000 ■■■■■■■■□□
    UnixGuy wrote: »

    End of an era. Yahoo was one of the early innovators in the Internet world...

    They may be an early innovator, but they didn't keep up with the times. They been losing market share for years. It's kinda sad, they turned down a 44 billion dollar offer from Microsoft in 2008, but agree to a 5 billion dollar buyout in 2016. Shows how far how fast the company has lost value.
    Still searching for the corner in a round room.
  • dustervoicedustervoice Member Posts: 877 ■■■■□□□□□□
    Yahoo didnt learn from the past. In this day and age, a company must continue to reinvent itself or go out of business. Im surprised they are even worth that much.
  • UnixGuyUnixGuy Are we having fun yet? Mod Posts: 4,229 Mod
    Agreed, and that CEO marrissa mayer I thought was bad news from the beginning. From banning working from home (whether we agree with that or not), is jut bad managament. Yahoo is a deadbeast..but hey thanks Yahoo for all the Chess, Yahoo messengers...Yahoo mail (still using it).....and of course: GeoCities
  • JoJoCal19JoJoCal19 California Kid Mod Posts: 2,827 Mod
    I'm still peeved at Yahoo for killing off first GeoCities, and then Directories. Sure old relics of the internet past, but I'd love to have seen GeoCities get preserved since it was a nice view into what I felt was a more "personal" web.
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  • DoubleNNsDoubleNNs Member Posts: 2,013 ■■■■■□□□□□
    Yahoo Timeline
    1994 Yahoo - which stands for Yet Another Hierarchically Organized Oracle - is founded
    2000 Yahoo valued at $125bn at height of dot.com boom
    2002 Google rejects a $3bn bid from Yahoo
    2008 Microsoft's $44.6bn offer for Yahoo is turned down
    2013 Blogging site Tumblr acquired by Yahoo for $1.1bn
    2015 Yahoo makes net loss of $4.4bn
    2016 Verizon agrees $4.8bn deal to buy Yahoo


    Think how different the world would have been had Yahoo successfully bought Google back in '02...
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  • tmtextmtex Member Posts: 326
    I was never a yahoo person. Seemed to bring in malware, to many adds, also when they pushed the toolbar when you installed some driver or something. It will fail under Verizon, which is fine with me.
  • UnixGuyUnixGuy Are we having fun yet? Mod Posts: 4,229 Mod
    Hmm I forgot about Tumblr (which is successful)...also, I think Flickr is successful as well. Yahoo needed better leadership...Verizon is doing well, so who knows.
  • sharansinghsharansingh Member Posts: 14 ■□□□□□□□□□
    Again Yahoo goes to wrong way:D. They didn't learnt from past.
  • DatabaseHeadDatabaseHead Teradata Assc 16, CSM, MS Access 2016, 2019 Member Posts: 2,582 ■■■■■■■■■□
    Yahoo didnt learn from the past. In this day and age, a company must continue to reinvent itself or go out of business. Im surprised they are even worth that much.

    Or allow themselves to be acquired
  • danny069danny069 Member Posts: 1,025 ■■■■□□□□□□
    I miss yahoo pool icon_cry.gif
    I am a Jack of all trades, Master of None
  • mbarrettmbarrett Member Posts: 397 ■■■□□□□□□□
    When Yahoo went public back in the 90's, they were one of the first tech companies to benefit from the huge stock valuations that later developed into the 'tech bubble' of the late 90's. I never understood where the value came from, aside from ad revenue. I used to use Yahoo for search engine until Google came on the scene, and I never really had any reason to use their services after that. So I guess I'm not surprised. They had close to 2 decades to make their case as the leader in providing any service & they failed to capitalize, imo. The only thing I can think of is the instant messenger, but that was like 10 years ago and it sort of faded into the background.
  • jcp1856jcp1856 Member Posts: 51 ■■□□□□□□□□
    don't forget Yahoo Sports/Fantasy Sports
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