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Will Yahoo find a buyer? Bids are due

Discussion in 'AI in the News' started by RSS, Apr 18, 2016.

  1. RSS

    RSS New Member Member

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    After a tumultuous decade that saw the Internet company lose the battle for search to onetime underdog Google, churn through five chief executives plus an interim CEO, and largely miss out on tech's move to mobile, the Sunnyvale, Calif., company sought "strategic alternatives" this year -- industry-speak for a buyer. A sale would mark an end for a company once considered a giant of the Web, but it's an option investors -- who have grown increasingly frustrated with Yahoo's direction -- have rallied behind.

    Los Angeles Times - Technology News
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