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Yahoo: Story of idiots
  • It is big relief to know that soon it won't be any Yahoo and its services will slowly go into oblivion where most of them belong.

    BASKING RIDGE, NJ, and SUNNYVALE, Calif. – July 25, 2016 – Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Yahoo! Inc. (Nasdaq: YHOO) today announce they have entered into a definitive agreement under which Verizon will acquire Yahoo’s operating business for approximately $4.83 billion in cash, subject to customary closing adjustments.

  • 4 Replies sorted by
  • The Times They Are A Changin'

  • I wonder what will happen to my email acccounts

  • @robertGL

    Nothing bad will happen to accounts initially, I think.

    But in reality almost all new registrations in their email come from spammers.

  • Good article

    If Yahoo had launched a year or two later, they probably would have been irrelevant. They rose to dominance in large part by benefitting from what Y-Combinator cofounder Paul Graham — who worked there — called a “de facto ponzi scheme”:

    “Investors were excited about the Internet. One reason they were excited was Yahoo’s revenue growth. So they invested in new Internet startups. The startups then used the money to buy ads on Yahoo to get traffic. Which caused yet more revenue growth for Yahoo, and further convinced investors the Internet was worth investing in.”

    https://medium.freecodecamp.com/the-rise-and-fall-mostly-fall-of-yahoo-ddbceb44670c#.ts9avoo5h