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Yahoo! Businesses Verizon Technology

Verizon Nears Deal to Acquire Yahoo (bloomberg.com) 70

Posted by msmash from the big-whale-small-whale dept.
Verizon Communications is nearing a deal to buy Yahoo, Bloomberg reports, citing people familiar with the matter. While nothing is official yet, the publication claims that Verizon is discussing a price close to $5 billion for Yahoo's core Internet business. The report adds that Yahoo's patents are not part of the discussion, and it's unclear whether the two companies are considering Yahoo's real estate. "The companies may be ready to announce the deal in the coming days, the people said," the report adds. Interestingly, CNBC, citing its own sources, is independently reporting the same thing.
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Verizon Nears Deal to Acquire Yahoo More

Verizon Nears Deal to Acquire Yahoo

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  • 5bn? (Score:5, Insightful)

    by Big Hairy Ian ( 1155547 ) on Friday July 22, 2016 @10:02AM (#52560295)
    I wouldn't give you 5 bucks for Yahoo

  • Why? (Score:2)

    by LWATCDR ( 28044 )

    Why would Verizon want Yahoo? I just do not see how Yahoo will help Verizon or Verizon help Yahoo

    • Re: (Score:2)

      by jandrese ( 485 )
      My guess is that the underlying reason is some sort of tax dodge. They're spending way too much for Yahoo so they can write down a loss and avoid having to pay taxes or some crazy scheme like that.

    • Re: (Score:2)

      by Burz ( 138833 )

      Remember all the promises Yahoo made about protecting user data from spying? Well you can forget it now-- Verizon is one of the biggest spying corps on the planet and they will get access to everyone's Yahoo email.

  • I honestly thought yahoo couldn't get any worse.

    • Exactly my thought.

    • Nope. You are wrong. Within the last week or two Yahoo broke email. For both the new and old(er) version of Yahoo Mail.

      Previously: Search mail, and the left side-bar would show folder locations of matching emails with (# of matched mails).
      Now: Left side-bar just shows normal folders, with their unread counts.

      • TIL that you can log into Yahoo's website and check email online. At least I think you can. It is asking me for my mobile number.

        Seriously the only yahoo email related host that doesn't have cancer is pop.mail.yahoo.com. As a really long time user IMO Yahoo mail has sucked all the way back to they days of hotmail.

  • Whenever they come, I wonder why. Circa 1996 they mattered, a little. Less and less ever since.
  • I believe that consists of tumblr, Answers, and ???

  • Verizon has $ to Burn (Score:4, Informative)

    by turkeydance ( 1266624 ) on Friday July 22, 2016 @10:18AM (#52560423)
    this is proof

    • Re: (Score:1)

      by Anonymous Coward

      Is it? Don't companies also often use loans for acquisitions, could it just mean there are some banks that think Verizon is credit worthy enough to extend them some credit?

  • Verizon is the devil (Score:1, Interesting)

    by Anonymous Coward

    Yahoo provides content. Verizon uses data caps to restrict access to services while zero rating their own offerings. It's just another way to engage in anticompetitive practices. Corporate executives spend most of their time inventing new and nastier ways to screw over consumers. And that's what the Republican party is about these days, claiming to support common people while truly and steadfastly being in the back pockets of the rich and corrupt. Unfortunately, calling out the wealthy, who are always corru

    • Re: (Score:1, Troll)

      by Shadowslash ( 2511222 )
      butthurt much about Trump ? I'm speaking of your unneeded diatribe about Republicans... which has nothing to do with Yahoo/Verizon... go find a protest line AC, I'm sure you'll enjoy getting your hurt butt beaten.

    • Re: (Score:2, Insightful)

      by gtall ( 79522 )

      You are giving the Republican party too much credit. Most of the money people hate Bam-Bam Trump and realize he's not worth the hairspray he uses. The Republican Party no longer exists. There is some decaying skeleton that Bam-Bam has picked up for a high-pitched dog whistle.

      The House Republicans are split among the Praise the Lord and Pass the Ammunition sector and the Cut Taxes and We'll All Be Rich Sector. The Senate Republicans are split between the same groups. Neither gives a flying rat's ass about Wa

  • I suppose Mozilla will be then getting that huge load of money they have been talking about. Or continue receiving it.

  • ...almost as good as TimeWarner/AOL

  • Oh wow, two companies that suck found a way to make each other suck even more! (Leveraging mutual synergies...)

    • Re: (Score:2)

      by Tablizer ( 95088 )

      If "synergy" is the power of multiple top minds working together, then "suckergy" must be the multiplied suckage of two lame orgs merging.

    • Oh wow, two companies that suck found a way to make each other suck even more! (Leveraging mutual synergies...)

      Corporate 69?

  • Few years back I had a yahoo mail account with unlimited storage then they replaced infinity with a paltry 1TB of storage.

    Yesterday I found out that verizon wireless was replacing my unlimited data plan with a meager 100GB/mo.

    Yep seems like a good match to me.

    • Re: (Score:2)

      by Sloppy ( 14984 )

      mail account .. with a paltry 1TB of storage.

      Which just goes to show, FUSE makes it viable for people to use any protocol, even IMAP, as a filesystem.

      /home/dude# cd /mnt/imap/imap.yahoo.com/inbox/movies/msgid48D5A4EC-8B93-4DAB-8D6D-740DA165E63E@example.com /mnt/imap/imap.yahoo.com/inbox/movies/msgid48D5A4EC-8B93-4DAB-8D6D-740DA165E63E@example.com# mpv attachment1/Robocop\ \(1987\).mkv

  • Remember Time-Warner bought AOL and soon regretted it. But they were a media company. I'm sure a communications company will do a much better job with their acquisitions.

    • Re: (Score:3)

      by tnk1 ( 899206 )

      AOL actually bought Time Warner, not vice-versa.

      There was a coup where the TW execs basically took over after the fail began, but AOL was the bigger fish at the time.

  • Clearly, Verizon admires the boat anchor that is Yahoo and think they'd look great wearing it around their neck.

  • When one giant body of suck consumes another giant body of suck, the suckage can only increase.

  • first press release after Verizon buys Yahoo. due to some users excessive yahoo usage, unlimited emails will be limited to 10 emails a day. for those who exceeded their unlimited limits, they will be required to sign up for yahoo plus or lose their accounts. The accounts will still be unlimited as long as you don't use them as such.

  • I guarantee, just like Yahoo is writing down Tumblr now, Verizon will be writing down Yahoo later.

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