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Yahoo's remains to be rebranded as Altaba

Yahoo's remains to become Altaba, the rest of the company now part of Verizon Wireless
Yahoo to become Altaba
Yahoo Japan and the company's stake in Alibaba are not going to Verizon and are considered to have an impressive value - around $35 billion. These key parts will soon be known as Altaba.
Codrut Nistor,
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Verizon Wireless announced its plans to acquired Yahoo's web business for almost $5 billion last summer. However, this does not mean Yahoo would entirely join Verizon. The parts to be included in this deal are the email service, the web portal, Yahoo's apps, but the company's stake in Alibaba and Yahoo Japan will remain independent.

The 15 percent ownership share of Alibaba and Yahoo Japan are currently considered to be worth around $35 billion. According to Liliputing, the new name "is reportedly a mix of “alternative” and “Alibaba,” which sort of makes sense since one of the key parts of Yahoo that Verizon is not acquiring is the company’s stake in Chinese eCommerce site Alibaba."

Considering the two major data breaches suffered by Yahoo's parts that are supposed to go to Verizon, the terms of the deal might change. In case everything goes on as planned, Yahoo's CEO Marissa Meyer and most of the company's board members are expected to step down.  

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Codrut Nistor
Codrut Nistor - Senior Tech Writer - 5428 articles published on Notebookcheck since 2013
In my early school days, I hated writing and having to make up stories. A decade later, I started to enjoy it. Since then, I published a few offline articles and then I moved to the online space, where I contributed to major websites that are still present online as of 2021 such as Softpedia, Brothersoft, Download3000, but I also wrote for multiple blogs that have disappeared over the years. I've been riding with the Notebookcheck crew since 2013 and I am not planning to leave it anytime soon. In love with good mechanical keyboards, vinyl and tape sound, but also smartphones, streaming services, and digital art.
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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2017 01 > Yahoo's remains to be rebranded as Altaba
Codrut Nistor, 2017-01-10 (Update: 2017-01-10)