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End of an Era: Yahoo! Goes Up for Sale


Batu69

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Board of Directors forms a review committee for finding buyers, analyzing offers, and carrying out negotiations

Yahoo!'s Board of Directors has announced it formed a Strategic Review Committee of independent directors who are tasked with "exploring strategic alternatives" alongside its existing management structure.

Put in simpler words, Yahoo! is looking for a buyer, and the company hired a group of former Silicon Valley execs and lawyers to search and field offers for a possible acquisition.

Just days prior this announcement, the company also laid off 15% of its staff (~1,600 employees) and said it would be closing down various business verticals.

This list includes sites like Yahoo Food, Yahoo Health, Yahoo Parenting, Yahoo Makers, Yahoo Travel, Yahoo Autos, Yahoo Labs and Yahoo Real Estate.

As you can see, these are all smaller magazines which failed to attract a following and are now being cut off to avoid dragging the company's profits down.

Mayer didn't fail, but she didn't succeed either

Yahoo! stock reached its peak value in the Marissa Mayer era at the end of 2014, at the time of the Alibaba IPO. Stock price is still well above the value at which Mayer took over the company, and despite the recent announcement, the company managed to grow under her tutelage.

Nevertheless, Yahoo!'s current position on the tech market is only a mere shadow of what the behemoth was once, being considered the "Internet homepage" long before Reddit could take credit for that title.

Web traffic is still at over 1 billion users per month, and the company is ranked fifth in Alexa's global traffic rankings. This is thanks to a strong news section, a respected sports division, and a quite original video portal.

Current rumors say that Verizon might be interested in purchasing Yahoo!. These rumors are driven Mayer's long-time friendship with AOL CEO Tim Armstrong, a former colleague with Mayer at Google. Verizon bought AOL last summer for $4.4 billion.

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8 minutes ago, Batu69 said:

Board of Directors forms a review committee for finding buyers, analyzing offers, and carrying out negotiations

Yahoo!'s Board of Directors has announced it formed a Strategic Review Committee of independent directors who are tasked with "exploring strategic alternatives" alongside its existing management structure.

Put in simpler words, Yahoo! is looking for a buyer, and the company hired a group of former Silicon Valley execs and lawyers to search and field offers for a possible acquisition.

Just days prior this announcement, the company also laid off 15% of its staff (~1,600 employees) and said it would be closing down various business verticals.

This list includes sites like Yahoo Food, Yahoo Health, Yahoo Parenting, Yahoo Makers, Yahoo Travel, Yahoo Autos, Yahoo Labs and Yahoo Real Estate.

As you can see, these are all smaller magazines which failed to attract a following and are now being cut off to avoid dragging the company's profits down.

Mayer didn't fail, but she didn't succeed either

Yahoo! stock reached its peak value in the Marissa Mayer era at the end of 2014, at the time of the Alibaba IPO. Stock price is still well above the value at which Mayer took over the company, and despite the recent announcement, the company managed to grow under her tutelage.

Nevertheless, Yahoo!'s current position on the tech market is only a mere shadow of what the behemoth was once, being considered the "Internet homepage" long before Reddit could take credit for that title.

Web traffic is still at over 1 billion users per month, and the company is ranked fifth in Alexa's global traffic rankings. This is thanks to a strong news section, a respected sports division, and a quite original video portal.

Current rumors say that Verizon might be interested in purchasing Yahoo!. These rumors are driven Mayer's long-time friendship with AOL CEO Tim Armstrong, a former colleague with Mayer at Google. Verizon bought AOL last summer for $4.4 billion.

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Only the strong survive in business. No place for weakness in any form.

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Just now, Batu69 said:

This list includes sites like Yahoo Food, Yahoo Health, Yahoo Parenting, Yahoo Makers, Yahoo Travel, Yahoo Autos, Yahoo Labs and Yahoo Real Estate.

As you can see, these are all smaller magazines which failed to attract a following and are now being cut off to avoid dragging the company's profits down.

 

I never bothered to read any of these.The only use I have from Yahoo is having it as my home page which I customized to get only news feeds. And its email service.

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2 hours ago, vitorio said:

Only the strong survive in business. No place for weakness in any form.

Yahoo were in business before Google , Back before people even used Google search we used Yahoo search  . Yahoo Messenger ,  Yahoo Mail , Yahoo Games  . etc.   Whats  happening to yahoo just shows nothing stays  on top forever. Google being  like the most richest company in the world its hard to compete .  The smaller search services  dont have all these extra services like yahoo so they dont have all the overhead . The end of yahoo  would mean less free things that's been on the internet for a very long time . Its  kind of sad even though i dont use Yahoo services  any longer I am still  am grateful  for them  making  the internet a more fun place for all those years . 

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9 hours ago, steven36 said:

Yahoo were in business before Google , Back before people even used Google search we used Yahoo search  . Yahoo Messenger ,  Yahoo Mail , Yahoo Games  . etc.  

 

I don't remember when was the last time I used seriously some of Yahoo's "services".  Some time ago I posted a question at Yahoo Answers and only got garbage and spam. Back in early 2000's there were something like Yahoo Groups, many of them really active, with thousands of members. They were something like current blogs; I'm not sure if they exist at all now.

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29 minutes ago, luisam said:

 

I don't remember when was the last time I used seriously some of Yahoo's "services".  Some time ago I posted a question at Yahoo Answers and only got garbage and spam.

I remember the last i used them it was back when I still used Trillian Pro about 2011 when i stop using Google services as well .  I have  different emails now and use a different service to chat on  .

Now a lot these places that are in the USA  wants a phone number just to join up  back in the old days it was easy to make up fake info and get in . When they started changing privacy policies and asking for you're phone number  it was time  to find new ones that didn't . :)

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I Wonder What Happened to My Yahoo Mail..it's Only Been 10 Years I Didn't Check it :D

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If anyone remembers, long ago, some company offered them almost $45 Billion and they rejected it. At that time they were not on their top either. Infact, people had started forgetting them even then.

 

I do remember their services and using some of them. They had set a trend here with their messenger and chat room services. Everyone wanted to use them and waste their time in the days were people had no computer in their homes in the dialup days here and wanted to waste their money going to cyber cafes just to go and talk to random strangers online.

 

Personally, I was never fond of it. Also in the non-Gmail days, either it was them or Hotmail. All I can say is that I biasedly favored Hotmail. Their answers service was quite good though. Now only it's replacement would not keep asking to make an account to read the answers on it.

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I am sorry to see them go.  After all I met my wife in Yahoo Personnel's.  Now I am going back to 1999 when all of their services were free.

I also do remember Yahoo Instant Messenger (YIM) was very popular,  everyone was using it.  These days YIM is a dead app just like most of their other offerings.

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Now, maybe if they weren't trying to make services that Google did 10X better, for free, and then charge for them, maybe they'd have actually made some money.

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5 hours ago, CODYQX4 said:

Now, maybe if they weren't trying to make services that Google did 10X better

They did better as in the past , censorship  has about done Google search engine in ,my bookmarks  can find more things vs search results Google for a long time now. As far as there email I dont see how its that great in most countries they make ads based on you're emails after there privacy policy updated in like 2011, also there being sued by students in California  and by Russia as well . And back in the day the way you got Gmail you had  to have someone invite you . Yahoo you just had to sign up .  So really there services are not that great . There chat services never could compete with Yahoo ether  .It was Skype  witch Microsoft bought  witch done Yahoo Messenger in.

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 you gotta not only  have great products ..... ...and you gotta know how to market them in case people do not know they need them...yahoo did none of this well...that is why they are about to not around any more

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34 minutes ago, dMog said:

 you gotta not only  have great products ..... ...and you gotta know how to market them in case people do not know they need them...yahoo did none of this well...that is why they are about to not around any more

I agree you got be able  to get the masses to use it even if  its not that good.  Most people  that use Google  products  its based  on Google's past when they were different and better. I use to use Gmail  but i stopped using it  when they changed there policies most never read  the fine print and dont even care about there privacy . A lot people claim they do  but never changed there old habits.

 

Google got so famous because they use to not hardly censor nothing at all .you could search  and find just about anything . But in this day and age you go on there search it only offers part of the internet because of censorship  . Its about like Yahoo was before Google ever existed  . Its only half the search engine it use to be.

 

See due to censorship you need more than one search engine again to find relevant results . Back before Google  all search engines didn't list everything so you needed more than and now days its back to the way it were before Google. They got famous from a service there not even really able to provide anymore  because of censorship.

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In my book this is good news! Yahoo has always had a simple and fundamental flaw (shared with Microsoft in a way): the intention to pull their customers over a barrel and tear off a leg or more. Example from the early days. They bought all sorts of companies, like Geocities, only to flood the services with  a sickening amount of advertising.

 

Or take the Email-service. I remember that both Yahoo and MS wanted to charge users on a subscription basis for an InBox that was capable of containing more than 25 megabytes!
Google put an end to that with the introduction of an ever growing InBox for free,  all according to their motto 'do no evil'.  
Yahoo (and again MS) never understood the essence of this, even until today.  When their users don't login for a while, all sorts of issues can start to happen, bullying the users. The account may be suspended or a login verification code needs to be provided, which is not even as simple as answering a 'secret question'. And then these companies wonder why Gmail has become more popular. :P

 

New problems always arise, but this remains a good example of what not to do!

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6 hours ago, Fallon said:

Or take the Email-service. I remember that both Yahoo and MS wanted to charge users on a subscription basis for an InBox that was capable of containing more than 25 megabytes!
Google put an end to that with the introduction of an ever growing InBox for free,  all according to their motto 'do no evil'.  

All in the past though  what does any of this got to do with 2016 ?

Now Gmail provides 15GB of free storage to its users

Outlook.com It provides practically unlimited storage.

When you will sign up for Yahoo Mail, you will be given 1TB (1000GB) of free email storage

 

All of them give more storage than  Google now.. this proves my point people use stuff based on the past  without investigating the present  and i doubt Yahoo goes anywhere  they just be owned by someone else . :) 

 

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.

Really all jokes aside any of this is more  email storage than i need to send and receive emails   i no longer store stuff in the cloud , offline storage  is really cheap . 

 

 

 

Quote

 

Time Inc explores bid for Yahoo's core business: source

Time Inc (TIME.N), publisher of Sports Illustrated, People and Time magazines, has been exploring a bid to acquire Yahoo Inc's (YHOO.O) core Internet business for several weeks, a source familiar with the situation told Reuters on Tuesday.

 

Time Inc has been reaching out to bankers on pursuing a deal with Yahoo, according to the source, who wished to remain anonymous, not being permitted to speak to media.

 

Time Inc, which has seen print advertising dollars dry up in recent quarters, has been trying to boost its digital presence through acquisitions of online properties, saying this month it would buy social networking pioneer MySpace.

 

Verizon Communications Inc (VZ.N), which owns Internet pioneer AOL, has expressed interest in Yahoo's core business, which includes Mail, its news and sports sites and advertising technology.

 

Analysts at SunTrust Robinson Humphrey have valued the core business at $6 billion to $8 billion.

 

It is unclear if the company has retained an investment bank as financial advisor on the potential bid. Yahoo officially launched the sale of its core business on Friday.

 

Time Inc could pursue a Reverse Morris Trust transaction with Yahoo, a tax-free deal in which one company merges with a spun-off unit, Bloomberg reported earlier on Tuesday. Yahoo Chief Executive Marissa Mayer would not be part of the company under such a deal, Bloomberg reported, citing one of its sources.

 

Time Inc has heard a presentation from Citigroup Inc (C.N) bankers on pursuing a deal with Yahoo, the Bloomberg report said, adding that Time had not retained Citigroup. (bloom.bg/1mUM7lQ)

http://www.reuters.com/article/us-time-m-a-yahoo-idUSKCN0VW1AX

 

 

 

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Stupidist business decision ever not taking Balmer's check.  I'd be sueing if I were a stockholder.  What hubris!

 

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35 minutes ago, davmil said:

Stupidist business decision ever not taking Balmer's check.  I'd be sueing if I were a stockholder.  What hubris!

 

in 2016 Balmer and Gates owns most all the stock . What Gates ever do  really ? And hes the richest person on earth. 

http://uk.businessinsider.com/bill-gates-richest-2016-1?r=US&IR=T

All  the best O/Ss  ever made were under Balmer .  January 2000 to February 2014, The way i see it he stepped  down at the right time. Balmer owns more of Microsoft than Gates does even.

http://www.geekwire.com/2015/bill-gates-unloads-717m-in-microsoft-stock-in-first-half-of-2015-tops-list-of-u-s-insider-stock-sales/

 

Balmer is worth  $23.7 billion he could buy yahoo easy for $6 billion to $8 billion :P

 

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7 hours ago, steven36 said:

All in the past though  what does any of this got to do with 2016

They had to adjust and still haven't changed their cultural attitude in a way that would worry Google in 2016.

That's why they are paying the price of not being top dog. Without owning part of Alibaba they would pay even more.

 

As for investigating the exact Inboxes provided now, that's so complicated it slipped my mind. They are sufficient.

No doubt Google would make it bigger again too if there was a reason.

 

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6 hours ago, Fallon said:

They had to adjust and still haven't changed their cultural attitude in a way that would worry Google in 2016.

That's why they are paying the price of not being top dog. Without owning part of Alibaba they would pay even more.

 

As for investigating the exact Inboxes provided now, that's so complicated it slipped my mind. They are sufficient.

No doubt Google would make it bigger again too if there was a reason.

 

To me worrying about who's top dog is silly  its like being in high school and poor kids getting picked on because there parents don't have the money to buy the designer brands.  I dont want to help make these greedy rich people get any richer that's the masses who act like there still in high school in a popularity contest jobs .

 

it  have to be useful  to me personally to sell me on something without a bunch of unneeded crap .

 

Companies like Google started out offering tons of nice free services over time after became top dog  they became more bloated ,  Not caring about any ones privacy  and charging money for better versions of its services . Now there doing the very same thing the others were doing themselves only there much worse, after they got there hooks into  the masses and became most popular .

 

I go for they can offer me , not by how many people uses something ...I use Linux  , Windows 8.1,  Firefox , Palemoon , Slimjet  and the list goes on and on all kinds of stuff that's not top dog . :P

 

Out of the top  email providers in the USA  the only one i like is Zoho Mail .

Quote

 

Zoho Mail is one of best web-based email service with a cleaner looking interface. It provides a minimalist interface. Zoho ensures you about its best privacy features. Zoho Mail features includes Zoho docs, best security, 99.9% up-time, iOS & Android apps, POP/IMAP migration and many more.

All of these features make Zoho Mail is a must use free email service for perosnal & business use.

Zoho's free email service has no ads anywhere in the user interface.

 

  I also use 2 emails outside the USA  with all the stuff in the media about  privacy  you're going see a rise in people using stuff that's not state side owned .

 

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Speaking just for myself - I only use a single email address there anymore for a trash can when I need info from any site I think might spam me. If it vanishes...no biggie.

 

The rest of this story, which has been mostly overlooked and/or forgotten by most folks:

When their board ditched Jerry Yang over his refusal to allow yahoo to become a mikr0$0ft holding - that was really the end of yahoo as most folks knew it to be.

 

Truthfully - aside of that, it had never been very well looked after from a technical standpoint anyhow.

After that change - with all the budget cuts and 'services' that were stopped (example=> yahoo personals got ditched right away, because mikr0$0ft owns match.com...), as well as yahoo's obvious tendencies towards endlessly compromised security (needed PW changes almost daily, anyone ??) - it ceased to be worth anything to anyone with any good sense anymore.

 

Of course, like its closest protege' aol - it STILL has its adherents among those who have remained oblivious to all the above.

 

Then again...

When one looks at all those poor, deluded apple-heads who live in complete denial 24/7/365 that they are using an intel powered device with an OS based upon Unix - where is the surprise in ANY of this ??

 

PS:

I mean no offense to those who use the apple OS knowingly - most of whom are aware of what they use and usually have multiple PCs & OSes; those folks are NOT apple-heads.

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7 hours ago, smallhagrid said:

When one looks at all those poor, deluded apple-heads who live in complete denial 24/7/365 that they are using an intel powered device with an OS based upon Unix

Good fun to read. :D

I agree with Steven that Google doesn't care about privacy when it comes to snooping.

 

In the safety department, Encrypted email is more and more available now, for those who care.

Protonmail has become OpenSource and has launched the beta of ProtonMail iOS and Android mobile apps. That's slow in coming but could become of interest in time.


For now, Google's Chrome browser supports a Mailvelope extension for web encryption.
In Opera Browser, Mailvelope does not pop up in an extension search yet, so it likely will not work in Opera for now.
Firefox Browser does not support Mailvelope yet either, but Mailvelope can be used with a GMX.net freemail account.

Firefox has a 'GMX Mailcheck for Firefox Add-on', - untested by me -.
Youtube Clip explaining it:

How to Use PGP Encryption With Gmail and Other Web Email With Mailvelope.

 

 

 

 

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