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WSJ: Yahoo to Change Name to Altaba; Marissa Mayer to Leave Yahoo Board

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chadskin

Member
Yahoo Inc. said its Chief Executive Marissa Mayer and co-founder David Filo will step down from the board after the sale of its core business is completed, and the company will change its name to Altaba Inc.

The company said in a regulatory filing that the moves would happen after the closing of the roughly $4.8 billion sale of its core business to Verizon Communications Inc.
http://www.wsj.com/articles/after-s...ard-yahoo-to-change-name-to-altaba-1484002787

To clarify:
  • Verizon agreed last year to buy Flickr, Tumblr, Yahoo Mail and all other assets from Yahoo's core business
  • Yahoo will retain its "cash, its shares in Alibaba Group Holdings, its shares in Yahoo Japan, Yahoo's convertible notes, certain minority investments, and Yahoo's non-core patents (called the Excalibur portfolio)" and will change its name to Altaba
 

D i Z

Member
What does Altaba mean? Alt-tab? I would think that it would be the harshest of mistakes to adopt any moniker with Alt- anything as the read of the title.
 

Volimar

Member
Yahoo has two things going for them. People too lazy to change their email addresses and name recognition. Boneheaded move.
 

FinKL

Member
Did Alibaba come up with the name?

What's gonna happen to my Yahoo Fantasy Sports. Guess I shoulda picked ESPN
 
Alt-ABBA?
Abba-Black-Metal.jpg
 
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