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Yahoo is in full self-destruct mode this week.
by meddlepal 10y ago
Yahoo is in full self-destruct mode this week.
- baby 10y agoSomeone could wonder if all this is being triggered by people with an agenda.
- meddlepal 10y agoTo what end? Yahoo is dead and being purchased by Verizon already for an agreed upon price. I guess they could back out, but that seems unlikely.
- sytse 10y agoNot totally unlikely https://techcrunch.com/2016/10/06/report-verizon-wants-1-billion-discount-after-yahoo-privacy-concerns/ https://techcrunch.com/2016/10/06/report-verizon-wants-1-bil...
- DiabloD3 10y agoAnother version of the story made it to the HN frontpage: https://news.ycombinator.com/item?id=12657576 https://news.ycombinator.com/item?id=12657576
- Pyxl101 10y agoThe threat of impending or active litigation will make Verizon reluctant to close a deal with Yahoo. It's new downside risk for Verizon that they have no desire to take on. Verizon may ask that Yahoo settle the lawsuit before closing the sale. So, it may be that the lawsuit was timed to put maximum pressure on Yahoo to settle, by creating risk of jeopardizing their sale.
- simonh 10y agoManagement is responsible for every aspect of how an organization functions and operates. When management fails this comprehensively, it's not unusual for the organization to fail in multiple different ways. But Yahoo has been on this trajectory since long before Mayer joined them. They are to internet services what Blackberry was to mobile devices. They were a transitional platform, just advanced enough from the old platforms (CompuServe, AOL) to succeed when they failed, but too like them to succeed once the industry transitioned to the new paradigm.
- ComodoHacker 10y agoI'm not sure about the "self" part.
- cwilkes 10y agoI'm not sure about the "this week" part
- mnglkhn2 10y agoVerizon is doing their due diligence and whatever transpires in public is done to negotiate the purchase price lower or to eliminate liabilities later down the road.