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> Yahoo has written down $712 million of the original $990 million that it paid for Tumblr Brutal

• B1FF_PSUVM 9y ago
  I take it you didn't see the MS write down of Nokia mobile phones. Over ten times that, 7.6 billion USD: https://www.theverge.com/2015/7/8/8910999/microsoft-job-cuts-2015-nokia-write-off https://www.theverge.com/2015/7/8/8910999/microsoft-job-cuts... Worse than brutal, a shame. And Windows Phone 8.1 was actually a good platform. I'm back on iOS, and it feels like being kicked back to the 20th century.
  • kryptiskt 9y ago
    HP had to take a write down of $8.8B after their Autonomy acquisition.
    • rrdharan 9y ago
      ... and Time Warner wrote down AOL by $45B. https://www.wsj.com/articles/SB1043702683178461304 https://www.wsj.com/articles/SB1043702683178461304
      • jzawodn 9y ago
        That. Was. Awesome.
  • dingo_bat 9y ago
    > And Windows Phone 8.1 was actually a good platform. Also, Nokia was a world leader. Imagine what all that manufacturing and design capability could have accomplished. Sad waste.