Goodbye, Yahoo...it will be renamed "Altaba" after sale to Verizon

[Miles Archer]

Yahoo Inc said Monday that it would rename itself Altaba Inc and Chief Executive Officer Marissa Mayer would step down from the board after the closing of its deal with Verizon Communications Inc.

Yahoo has a deal to sell its core internet business, which includes its digital advertising, email and media assets, to Verizon for $4.83 billion.

The terms of that deal could be amended - or the transaction may even be called off - after Yahoo last year disclosed two separate data breaches; one involving some 500 million customer accounts and the second involving over a billion.

Verizon executives have said that while they see a strong strategic fit with Yahoo, they are still investigating the data breaches.

http://www.reuters.com/article/us-yahoo-m-a-verizon-idUSKBN14T2I7

[femmocrat]

1. Stupid name.

Anyone know how to pronounce it? Al-ta- BAH? ALT- a- buh? All-TAB-ba?

[Ron Obvious]

2. Bah!

What an awful name.

[muriel_volestrangler]

4. 2 advantages over the old one: (1) it doesn't have an exclamation mark in it

which was a really silly thing about the old name
(2) It comes earlier in the alphabet. Which I bet 'Yahoo!' had got pissed off about, over the years.

Since it's the name for the holding company that has a stake in Alibaba, it almost makes sense. I presume Verizon will keep using the Yahoo name (please, drop the '!') for the assets it's buying.

[pstokely]

3. what about the email?

?

[edhopper]

5. Why would any company use Alt

in the beginning of it's name? Alt-right is not well liked in most of the country.

[NobodyHere]

6. It's a combination of Alternative and Alibaba