General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIs Yahoo in a death spiral?
In January, when Yahoo Inc. announced plans to spin off its $31-billion stake in Chinese e-commerce giant Alibaba, there was talk of how it would liberate Yahoo to focus on its core business of Internet search and content ranging from news to stock market investor tools to online TV shows.
Twelve months later, Yahoo still plans to split off its Alibaba shares, but in a different way. And the focus no longer is on liberation, but on the possibility of selling off its mainstay business.
The Sunnyvale, Calif., company announced Wednesday that it would halt the planned spinoff of its valuable stake in Alibaba, and instead spin off the rest of its assets including Yahoo.com and its stake in Yahoo Japan into a separate company.
The reasons for the change are technical and involve tax planning. But bottom line, it means that the troubled company can more easily sell itself to willing buyers, if it can find any.
http://www.latimes.com/business/la-fi-tn-yahoo-spinoff-20151209-story.html
ffr
(22,671 posts)Pro RWNJ headlines. Sensationalistic headlines. Celebrity rumors as headlines. No thanks. Them and AT&T can go Fcuk themselves. I'm sticking with Google and the freedom they give me to filter out content and headlines. I know they're not perfect, but as an alternative, they're content and way of doing searches is first rate. It's the way I like to Internet.
yeoman6987
(14,449 posts)X_Digger
(18,585 posts)Who knew..
closeupready
(29,503 posts)NEVER my first choice of anything, I still have my very first email accounts with them - I hardly ever check them these days (my gmail account is my most important now). But they failed to keep up.
I don't like Marissa Meyer, and I think their executives feel entitled to golden parachute the company's coffers because "everyone else is doing it". (Well, maybe, maybe not, but even so, Google is a vanguard of tech change and their pockets are VERY deep; yahoo is 'oh yeah, we're implementing that next quarter'.)