Relevant discussion from last year regarding Recode's interpretation of the original contract: https://news.ycombinator.com/item?id=12050374 https://news.ycombi

Relevant discussion from last year regarding Recode's interpretation of the original contract: https://news.ycombinator.com/item?id=12050374 https://news.ycombinator.com/item?id=12050374 The confusing part, as pointed out in the top comment in the post, is that the contract as interpreted by Swisher would certainly be material enough to be mentioned in Yahoo financials. However, the Yahoo filings at the time gave no such indication of this obligation.