Verizon to take 'Oath' as new company to run Yahoo

Adjust Comment Print

The rebranding was apparently not meant to be made public just yet, but yesterday Business Insider cited unnamed sources who revealed the new company name.

Here's a press release from AOL's chief marketing officer... The new company is expected to launch this summer after Verizon's acquisition of Yahoo is completed.

PS- Never let Marissa Mayer give you name ideas based on "Tronc". A rep for Yahoo declined to comment beyond a statement from Mayer when the Verizon deal was first announced past year.

As Recode adds, it will also be interesting to see if she gets the full pay-out she is owed, after the recent hacking disaster and the general downturn in Yahoo's business during her tenure.

The future of Yahoo's internet business under telecom titan Verizon has become a lot clearer after reports that it is to merge with AOL later this year.

Can't take suo moto action against MP for assault, says Speaker
Gaikwad, the first time Lok Sabha MP from Maharashtra's Osmanabad admitted that he hit the staff and remained defiant over it. The incident took place on Thursday morning inside Air India's Pune- Delhi flight AI 852, when the aircraft landed in Delhi.

It had to slash the price after discovering that two separate hacking attacks had stolen personal information from more than 1 billion user accounts.

The US Department of Justice last month charged two Russian intelligence operatives and a pair of hackers over one of the largest cyberattacks in history, which had apparent twin goals of espionage and financial gain.

An independent investigation concluded this year "certain senior executives" at Yahoo "did not properly comprehend or investigate" the security breach.

In January, Yahoo announced in an SEC filing that following the close of the merger, the parts of Yahoo that Verizon is not buying (which includes Yahoo's 15% of Chinese retail giant Alibaba and a part of Yahoo Japan, a joint venture with Softbank) will continue on under the name to Altaba. Mayer will step down from the board of that company once the sale is complete.

Yahoo as we know it may be done. "We'll put people and brands - ours and yours - first".

Comments