MAU and DAU. Plenty of companies focus only on those two metrics for valuation. Oath(Yahoo/AOL) still has massive amounts of both. Yahoo and AOL mail form an en

MAU and DAU. Plenty of companies focus only on those two metrics for valuation. Oath(Yahoo/AOL) still has massive amounts of both. Yahoo and AOL mail form an enormous (albeit aging) captive audience. The quality doesn't matter, only the number. All the other things people are commenting on are irrelevant to Verizon. What it is writing off is the value of the content channels, Yahoo Finance, Techcrunch, etc. Yahoo is one of the last companies actually paying people full-time to produce internet content for their own channels. That content is not popular enough to sell enough ads against to meet their projections. So, they just write it off and use it as an excuse to cull full-time labor costs. It will be contracted out.