Yahoo Has Been Sold For $4.83 Billion
Yahoo as we know it has been sold to Verizon for $4.83bn marking the end of an era for a company that once defined the internet. Verizon won the bid after a five-month auction that includes all of Yahoo’s search, communications and digital content products/services. The sale does not include Yahoo’s cash, nor its stakes in Alibaba Group Holdings and Yahoo Japan. (more…)