1/10/2017
The End of Yahoo! CEO To Resign; Yahoo To Change Its Name To Altaba
Spotted on The Register's twitter feed: Yahoo! Submission to The SEC. Most of the board is leaving, including CEO Marissa Mayer.
The company has been changing its name to Altaba Inc. At one time Yahoo was a series of directories on a University's computers, where you could browse a hierarchical list of websites by category. And here we are watching the company's demise.
According to the regulatory filing, the changes will take place after the sale of its core business is completed with Verizon for roughly $4.8 billion. The Wall Street Journal notes : "Verizon officials have indicated all options remain possible, including renegotiating the terms of the deal or walking away."
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