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[Forbes] Yahoo Sells To Verizon In Saddest $5 Billion Deal In Tech History

10K views 78 replies 55 participants last post by  Lady Fitzgerald 
#1 ·
Quote:
Yahoo was once the king of the Internet, a $125 billion behemoth as big in its time as Facebook or Google are today. Now it's being sold to Verizon for comparative chump change.
Source

I'm actually really surprised this hasn't gotten posted yet. Was sure by the time I got home, 5 different versions would be on the front page. Pretty sad that Yahoo has fallen so far, but it isn't really surprising to anyone who hasn't lived under a rock for the last 15 years.

Related: https://verizon.yahoo.com/
 
#4 ·
Quote:
Originally Posted by Xuanqil View Post

They had an email system before Gmail came to the market and when Hotmail was one of the few email systems out there (I think).
Furthermore their chat application and search engine used to be pretty good back in the day which was largely responsible for so many users. They got huge and lazy and thus faded into obscurity.
 
#5 ·
Use to have pritty good email and search engine.
Switched off there email when msn came out.
Switched off there search engine when google came out. Then there search engine got tied in with 1 specific ISP here which would blast you with ads if you werent on that ISP so avoided them like the plague.
Last few times I would of even see a yahoo page was when removing it from a home page.
 
#6 ·
Is this just NA Yahoo? I recall Yahoo JP as its own entity, the only yahoo still relevant in a market. I'd be surprised if Y!JP was also part of this.
 
#7 ·
With the right leadership decisions they could have become what G is today.
 
#9 ·
Quote:
Originally Posted by bmgjet View Post

Use to have pritty good email and search engine.
Switched off there email when msn came out.
Switched off there search engine when google came out. Then there search engine got tied in with 1 specific ISP here which would blast you with ads if you werent on that ISP so avoided them like the plague.
Last few times I would of even see a yahoo page was when removing it from a home page.
Their email service is still active. I still using mine non-stop since 2000. I was also using their search engine back in the day, at some point around 2001 maybe, they made a deal to power their own engine using Google's instead,and it went downhill after that.
 
#12 ·
Quote:
Originally Posted by TFL Replica View Post

Not even the slightest chance of that happening with their current CEO.
Yeah, those decisions would have had to been made many years ago.
 
#13 ·
Quote:
Originally Posted by sumitlian View Post

LOL I found this.
Reminds me of Nokia. It's so good that we have so many of these so called "professionals" with fancy degree papers from here and there, making decision in big corporations.
rolleyes.gif


It has always baffled me how come so many people with zero people skills can lead or be part of the bigger department in big companies where you should be able to read people to know which ones to choose lead others and make an effort for the company.
 
#16 ·
Quote:
Originally Posted by Slaughtahouse View Post

If this is accurate, that is just one of the biggest oppertunities of a life time thrown away. Imagine buying Google in 98 for 1 Million USD?

For reference, they made 4.9 billion (net income) in Q4 2015...

source
Yeah but there is no guarantee that Google would have grown to be what it is now if the deal would have been made back in the 1998 as the management and goals would have been different. I think it is quite safe to say it would definitely not.
 
#17 ·
^
 
#18 ·
Quote:
Originally Posted by Kuivamaa View Post

Their email service is still active. I still using mine non-stop since 2000.
I do too, and it completely sucks compared to Gmail. Between the bloated web client, the frequent timeout errors and server outages, and temporary losses of data-the last of which led me to migrate all my notes in Yahoo Notepad to Google Docs-Yahoo's email is a joke.
 
#19 ·
now Verizon will charge you every time you over use your email.

I use to use yahoo for gaming as a kid played pool, black jack and poker oh the good old days. Never used them for anything else.
 
#20 ·
Quote:
Originally Posted by TFL Replica View Post

Quote:
Originally Posted by essanbee View Post

With the right leadership decisions they could have become what G is today.
Not even the slightest chance of that happening with their current CEO.
What's ironic is Mayer came from Google to Yahoo. One of the first things she did was to try (and failed miserably at) making Yahoo email another G-Mail.
 
#21 ·
Quote:
Originally Posted by Snakecharmed View Post

I do too, and it completely sucks compared to Gmail. Between the bloated web client, the frequent timeout errors and server outages, and temporary losses of data-the last of which led me to migrate all my notes in Yahoo Notepad to Google Docs-Yahoo's email is a joke.
I don't really have any serious issues with it but I too use gmail,first and foremost since 2006 or 2005, not sure which year,but it was still in the invitation phase. I just keep my yahoo account for legacy purposes.
 
#22 ·
Quote:
Originally Posted by Slaughtahouse View Post

If this is accurate, that is just one of the biggest oppertunities of a life time thrown away. Imagine buying Google in 98 for 1 Million USD?

For reference, they made 4.9 billion (net income) in Q4 2015...

source
Thing is, had Yahoo bought Google in '98, Google wouldn't have been able to keep doing all those Google-y things they did. There would be no Chrome browser, there would be no Gmail, there would be no Google Earth/Google Maps, there would be no Android, there would be no Google Fiber, there would be no Google self-driving Car, no Google Voice, no Google Hangouts, no Google Docs, no Google Drive, no Picasa/Photos, no AdSense, and horror of horrors, there would be no Pokemon Go, for that matter.

What we'd have is a Google search engine (and a less capable one at that) powering the same crappy Yahoo we have today. YouTube might have made it, or it might have failed without Google around to buy them early on.

Best thing that ever happened to Google was nobody buying them.
 
#26 ·
Imagine if MS actually bought yahoo back in the day
biggrin.gif
Would google still be this big ?
 
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