Yahoo Mail has been dead for more than 10 minutes now both on laptop and on mobile.
The remaining stake in Alibaba raises the possibility of a big, future payday for
Yahoo investors if the company sells more of its shares in the future.
In some cases, it means updating our products like we've done recently with our new welcome to
Yahoo, Flickr for iPhone and iPod Touch and
Yahoo Mail," added the company in the blog post.
Under the terms of the deal, if Alibaba Group goes public, it would have to buy back another 10 percent stake from
Yahoo or let
Yahoo sell those shares in the IPO.
Yahoo didn't say if it had offered to license the technologies to Facebook, though reports last month suggested that
Yahoo threatened the social networking site with legal action if it didn't make a deal.
The breaches exposed usernames and passwords used to login to
Yahoo accounts to hackers.
Verizon's acquisition of
Yahoo, now valued at approximately USD4.
Verizon is making a big play in the mobile ad sector with its
Yahoo buy.
In a Tumblr blog post,
Yahoo Chief Executive Officer Marissa Mayer said she planned to stay at
Yahoo, but Walden, who will head the combined company, told CNBC the new leadership team has yet to be determined.
However,
Yahoo's cash, its shares in Alibaba Group Holdings and
Yahoo Japan, plus a portfolio of patents, will continue to be held by
Yahoo, but it will change its name and begin trading as an investment company.
In a Tumblr blog post, Mayer said she planned to stay at
Yahoo, but Verizon's Marni Walden, who will head the combined company, told CNBC the new leadership team has yet to be determined.
San Francisco:
Yahoo will fold up its online map service this month as it strives to recapture past glory by reinventing itself as a premier venue for digital lifestyles.
Yahoo CEO Marissa Meyer is spinning off the company's prized stake in China's Alibaba Group Holding in a move that lets
Yahoo avoid paying billions.
SAN FRANCISCO --
Yahoo CEO Marissa Mayer is spinning off the company's prized stake in China's Alibaba Group Holding in a move that will let
Yahoo avoid paying billions in future taxes.
Yahoo Inc to stop user access of services like Flickr with Facebook, Google IDs.