Posted on 04/11/2016 7:33:45 PM PDT by Swordmaker
The once-great Internet pioneer is entertaining offers...reluctantly. CEO Marissa Mayer would like to see Yahoo through its struggles, but impatient investors are looking for a way to cash out.
Yahoo (YHOO, Tech30) has reportedly given interested parties until April 18 to make their offers. The company is expected to fetch something like $8 billion for its core Internet business.
Who's buying?
The list of interested parties matches the potpourri of businesses that Yahoo operates.
Media companies, such as the Daily Mail and Time Inc. (TIME), are reportedly thinking of making an offer. A Daily Mail spokesman confirmed to CNNMoney that the company is looking at bidding for Yahoo.
Technology companies, such as Google (GOOGL, Tech30) and Microsoft (MSFT, Tech30), are also reportedly looking into bidding for other pieces. Though Google isn't likely to make an offer, due to antitrust concerns, Microsoft would like to preserve its relationship with Yahoo, providing Bing search results for some search queries. Microsoft had made a $45 billion offer for Yahoo in 2008, which Yahoo successfully fought off.
Verizon (VZ, Tech30) could also be a player. It owns Yahoo rival AOL and other media assets, and the company has publicly expressed interest in taking a look at Yahoo. AOL is like a mini version of Yahoo, with a sizable digital advertising and online content business. Verizon bought AOL last year for more than $4 billion.
(Excerpt) Read more at money.cnn.com ...
“Toast” will come out of this with many, many millions of dollars.
This photo is why I hate Silicon Valley. Look behind her. This is an office, maybe even her own. Is there anything even remotely computer related in that office? Its like a toy store.
Thank you very much!
[Yahoo is liberal, dark, anti-American, anti-Christian and just plain evil.]
Absolutely spot-on. If MM was sent there to destroy it, she did an excellent job.
but-but - she’s a woman - isn’t that enough to bring her and her company great success???.....
“Yahoo is a great resource for throw-away email accounts.”
I have done that for years, and years.
“Yahoo has become a disaster.”
Yahoo Mail used to be great. It has become unusable - it constantly hogs 100% of the CPU just sitting there - shuffling ads in and out.
So far no audio of her, umm, irritating laugh. Thank you, all!
I very, very seldom do this, but I got hammered mercilessly for telling a group of IT venture types that this was one of the stupidest hiring decisions since HP hired Fiorina, and I couldn’t understand why companies kept their best deal makers down in favor of the affirmative action hire.
She’s young, she’s rich, she’s got a kid. Hopefully she won’t go down the Erin Callan route.
Things were a bit more private using Yahoo, though.
At least so Yahoo users were led to believe.
As for Google - All of your Google related content (like email, contacts, pictures, map searches, voice assist data, etc) are completely owned, archived, and mined for data broker sale$, advertising interests, and shared between Fed alphabet agencies.
Google along with Facebook are assisting to create a national Behavioral Health database per Obola’s Sept 15 2015 Exec Order by the same name.
Google Is Evil.
RE: “and now use Google for my e-mail.”
I learned a long time ago to not attribute to evil motives what could be accounted for by sheer incompetence and basic ignorance. It doesn't take stupidity to do it, just the first those.
I read that Yahoos ceo Marissa Mayer will get $365 million for five years of work at Yahoo. Yahoo itself is worthless (in more ways then one) The US Yahoo is broke. She gets fired and she gets more money then Yahoo is worth.....
This is why Trump and Sanders are so popular.
Average Americans have seen headlines like this for many years and wonder WTF?
If you're part of the "club" then you can make a fortune with no work and no achievement.
There are tens of millions of Americans out there that are more talented, brighter, and hard working than any of these modern "Titans of Industry."
Yet, they'll NEVER have a fortune like that. Because they didn't go to the right schools or know the right people.
Americans remember the housing collapse and nobody went to jail. They all got bailed out and are richer than ever.
America doesn't have Capitalism anymore. It's all Cronyism.
Even more amazing is that back in 1999, apparently Page and Brin of Google were offering their company to Excite for $1 million (cue Dr Evil meme). The current market cap of Google is in the neighborhood of $500 billion. What a crapshoot.
I’ve got my shiny quarter ready for my bid.
A new word could be coined for her...technobimbo.
Companies have made a lot of bone-headed decisions in I/T since the 1990’s especially but it ramped-up after the dot com bust.
Often putting a non-I/T person in charge of I/T was the kiss of death. They all think they understand it because they have a home computer.
Perhaps. There seems to me little doubt she pushed the uber liberal agenda and the board was, on board.
They just had a massive fail with Yahoo! Games, too. Idiotic idea for generating cash.
Could anyone else have saved yahoo? I don’t think it would have been possible for anyone
Maybe we should expand the Freepathon, raise 8 billion bucks, bid, win, and make it FreeYahooRepublic! We could change the political focus . . . Only conservative thought allowed.
[If you’re part of the “club” then you can make a fortune with no work and no achievement.
There are tens of millions of Americans out there that are more talented, brighter, and hard working than any of these modern “Titans of Industry.”]
Correct. It’s often who you know. I think about the people I’ve run across the past few years by accident. Unfortunately, none were in a position to help, but it surprised me when I met them. Three have their own worldwide TV shows. No names, though. :)
At this time......
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