Uncertain future for a faded web giant Yahoo

It was once one of the internet’s biggest behemoths, but last week Yahoo sold off its core business to Verizon

Emmet Ryan

Technology Correspondent @emmetjryan
31st July, 2016
Marissa Mayer of Yahoo speaks during the International Consumer Electronics Show in Las Vegas Picture: AP Photo

Once the hunter became the prey, there was little for Yahoo to do but let someone else have a go. The one-time giant of search, which turned down the chance to buy Google for $1 million in 1998, sold its primary business to Verizon for $4.83 billion last week.

The move does not include Yahoo’s stake in Alibaba, which is worth around seven times that figure, or its business in Japan, where it remains a powerful local player....

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