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Verizon will combine Yahoo’s search, The deal likely means more investment in popular content sites such as AOL’s Huffington Post and Yahoo Finance when they become part of a much larger entity.“It now becomes somewhat easier to justify investing in content” said Brian Wieser an analyst at Pivotal Research Verizon said it would provide more detail on the strategy behind the acquisition when it announces second-quarter earnings on Tuesday LONG WAY DOWN The deal came after activist investors led by Starboard Value LP lost faith in Yahoo Chief Executive Officer Marissa Mayer who was hired in 2012 and forced what became a protracted sale process Yahoo founded in 1994 was a dominant player in the early days of the internet but has long lost its leadership position in internet search and advertising to Alphabet Inc’s Google Facebook Inc and others Mayer said on a conference call with investors that she planned to stay at Yahoo through the deal’s close Marni Walden head of product innovation and new business at Verizon will head the combined internet unit and said no decisions had yet been made on the management team Verizon prevailed over rival bidders including AT&T Inc ; a group led by Quicken Loans founder Dan Gilbert and backed by billionaire Warren Buffett; private equity firm TPG Capital Management LP ; and a consortium of buyout firms Vector Capital and Sycamore Partners (Source: AP) “Yahoo gives us scale that is what is most critical here” said Walden adding that the company’s audience will go from the millions to the billions “We want to compete and that is the place we need to be” Mayer in an interview with Reuters said she still saw a “path to growth” for Yahoo especially in mobile “What’s exciting about the Verizon transaction is that it brings us back to growth sooner” she said She said she was “open-minded” about a possible role with the combined companies But analysts expect AOL CEO Tim Armstrong – like Mayer a one-time Google executive – to be the driving force behind the combined companies Yahoo is still one of the largest properties on the internet with hundreds of millions of customers using its email finance and sports offerings among others and a heavily trafficked home page Read more: Verizon to buy Yahoo at $5 billion: Here are the top things to know But Google has a stranglehold on the internet search business and built an industry-leading email service while Facebook dominates in mobile and social media Meanwhile traditional web banner advertising long Yahoo’s strength has become much less lucrative in the age of mobile and video “It’s a decade of mismanagement that has finally ended for Yahoo” said Recon Analytics analyst Roger Entner “It’s the continuation of an extension of Verizon’s strategy toward becoming a wireless internet player and a move away from (telecom) regulation for Verizon into an unregulated growth industry Under Armstrong AOL has beefed up its advertising technology with a string of acquisitions and launched the mobile video service go90 Verizon has not disclosed how financially successful the unit has been but Armstrong known as a formidable salesman has clearly won the confidence of Verizon’s leaders FAR BEHIND GOOGLE FACEBOOK The integration of Yahoo will not come without challenges In its latest results it reported a second-quarter net loss of $4399 million as it wrote down the value of Tumblr the microblogging and social media service it acquired in 2013 for $11 billion Even with AOL and Yahoo Verizon would still be far behind Google and Facebook According to eMarketer Yahoo is expected to generate $232 billion in net US digital ad sales while AOL is expected to make $13 billion in 2016 Facebook and Google are forecast to deliver sales of $103 billion and $2463 billion respectively by the end of this year The Verizon deal would transform Yahoo into a holding company with a 15 percent stake in Chinese e-commerce company Alibaba Group Holding Ltd and a 355 percent interest in Yahoo Japan Corp as well as Yahoo’s convertible notes certain minority investments and its non-core patents Yahoo executives said the remaining company is structured to “indefinitely” hold its Yahoo Japan and Alibaba stakes They are worth about $40 billion based on their market capitalisations while Yahoo had a market value of about $374 billion at Friday’s close The integration of Yahoo will not come without challenges In its latest results it reported a second-quarter net loss of $4399 million as it wrote down the value of Tumblr the microblogging and social media service it acquired in 2013 for $11 billion (Source: AP) Australia’s top-rating free-to-air television network Seven West Media which has an online joint venture with Yahoo said it will consider “various options” if its 50:50 digital partner gets sold It declined to name the options but noted that it has “dramatically expanded its digital products” beyond the Yahoo7 business Yahoo will continue as an independent company until the deal receives shareholder and regulatory approvals the companies said It is expected to close in early 2017 It plans to change its name and become a publicly traded investment company Yahoo currently has $77 billion in cash in addition to the $48 billion it will receive at the close of the deal which it plans to return to shareholders Yahoo executives said on the call Verizon prevailed over rival bidders including AT&T Inc ; a group led by Quicken Loans founder Dan Gilbert and backed by billionaire Warren Buffett; private equity firm TPG Capital Management LP ; and a consortium of buyout firms Vector Capital and Sycamore Partners Under pressure from Starboard Yahoo launched an auction of its core business in February after shelving plans to spin off its stake in Alibaba For all the latest Technology News download shlf1314n Express App More Top NewsWritten by Agencies | Hyderabad | Published: December 9 2009 1:28 pm Related News TRS Chief K Chandrasekhar Raowho is on a hunger strike on Telangana issuehas started taking intravenous fluids and his condition has marginally improveddoctors attending on him said on Wednesday “He (Rao) was refusing to take any intravenous fluids or any other medication However at around 1 pmhe agreed to have intravenous fluids” the doctors of the Nizam’s Institute of Medical Sciences (NIMS) said “He also agreed to undergo blood tests The blood samples were drawn Then IV line was established Subsequentlyintravenous fluids were administered to him… the initial blood reports indicate that the reports are near normal” they said “He took antibiotic dose in the afternoon and also agreed for starting saline” they said Earlier in the morningthe doctors said the TRS chief refused intravenous antibiotic and fluids He also refused to let his blood samples to be sent for laboratory tests then The doctors had cautioned that he should resume oral feeds immediately failing which his general condition would deteriorate further For all the latest shlf1314 News download shlf1314n Express App More Related News whose own cells then produce the protein that triggers an immune response, the biologist from Switzerland who identified nucleic acids.

pants and even with a sari.early this morning, according to the data.

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