Yahoo has been bought by Verizon for $4.83 Billion

After years of struggling to keep its head above water, Yahoo has finally given up by selling its self to Telecommunications Giant Verizon for $4.83 billion.

This was a predictable future for since Google became the #1 search engine as from 2003 and Yahoo offered Google $3B dollars but Google wanted $5B, yahoo rejected the offer and is now being bought by a very similar amount that could have saved them back in the day.

Check out a small interview done to Yahoo’s CEO Melissa Mayer:

What will Verizon do with its new acquisition? There are many speculations but one is for certain, they will not try to compete with the big G.

3 years ago

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