Yahoo sold to US telecoms giant Verizon

22nd July 2016:

• Verizon is closing in on a deal to buy Yahoo’s core business for about $5 billion.
• The value of the deal is reportedly around $5 billion for the core parts of Yahoo.
• Verizon communications ready to pay  around $5 billion for yahoo's core business in search, email, advertising and media.
• The $3 billion offer Verizon is expected to make next second bid is lower than the $4 billion to $8 billion bids that Yahoo’s Internet business, which includes its news sites and ad business. 

25th July 2016:

• Yahoo agreed to sell its core operating business to Verizon for $4.8 billion on today morning.
• US internet firm Yahoo is being acquired by American telecom's giant Verizon Communications for $4.8 billion.
• "I love Yahoo, and I believe in all of you," Mayer said in a statement. "It’s important to me to see Yahoo into its next chapter."
• Here Is Marissa Mayer's Final Letter To Yahoo Employees

Yahoo !!

• 1994 Yahoo - which stands for Yet Another Hierarchically Organized Oracle - is founded

• 2000 Yahoo valued at $125bn at height of dot.com boom

• 2002 Google rejects a $3bn bid from Yahoo

• 2008 Microsoft's $44.6bn offer for Yahoo is turned down

• 2013 Blogging site Tumblr acquired by Yahoo for $1.1bn

• 2015 Yahoo makes net loss of $4.4bn

• 2016 Verizon agrees $4.8bn deal to buy Yahoo

What happened to Yahoo? 

• On 18th July yahoo posted a deep loss which explains the challenges facing a potential acquirer of the shrinking internet business.
• Yahoo loosing its visitors day by day if we observe internet search visitors statistics.

Loosing visitors :

• Yahoo value lies in its users. But now it is loosing visitors and no more competition to google and Facebook. Yahoo losts its competitive edge
• Analysis of the statistics from last decade shows how yahoo loosing its advertising revenue and search traffic.
• Yahoo search engine share decreased from 42% to 12%.
• Revenue share dropped from 25% to 3%.

The Company is Shrinking:

• In 2015 its $4.4 loss in annual net income.
• Yahoo hired Marissa mayer from google to get some positive results but she but it became largely unsuccessful.
• Yahoo fired key people also resigned some key people because of pressure from share holders.
• The company has sixth decline in last seven periods.

So Its Verizon Yahoo !

• SunTrust analyst Robert Peck recently estimated that Verizon would lay off upwards of 40% of Yahoo’s 10,000 full-time employees (in order to save roughly $2 billion).
• “Google has access to me on my mobile phone but is kind of missing the cable box and internet access data that Verizon has,” said Shar VanBoskirk, a digital marketing analyst at the research firm Forrester.