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Published on 10 Jan 2017
Yahoo is to change its name to Altaba after it sells its main internet business to the telecoms firm Verizon Communications.
The sale will leave it as a holding company with stakes in Chinese e-commerce company Alibaba and Yahoo Japan - a 15 percent of Alibaba and 35.5 percent of Yahoo Japan.
Chief Executive Marissa Mayer will also leave the board, which is being slimmed down. The former Google executive is expected to remain with Yahoo once it becomes part of Verizon.
However the deal is by …
READ MORE : http://www.euronews.com/2017/01/10/ya...
The sale will leave it as a holding company with stakes in Chinese e-commerce company Alibaba and Yahoo Japan - a 15 percent of Alibaba and 35.5 percent of Yahoo Japan.
Chief Executive Marissa Mayer will also leave the board, which is being slimmed down. The former Google executive is expected to remain with Yahoo once it becomes part of Verizon.
However the deal is by …
READ MORE : http://www.euronews.com/2017/01/10/ya...
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