Yahoo SEC Filing: Name change to Altaba Inc and director resignations(investor.yahoo.net)
investor.yahoo.net
Yahoo SEC Filing: Name change to Altaba Inc and director resignations
https://investor.yahoo.net/secfiling.cfm?filingID=1193125-17-5897&CIK=1011006&soc_src=mail&soc_trk=ma
359 comments
For those confused, this filing is reporting a name change because the operating business (including its brand, domain name, etc.) is being acquired by Verizon out of what is now Yahoo! Inc. So the Yahoo business, its name, domains, and so on are not going anywhere as a result of this announcement. Altaba is just the name of of the company that will hold the investments that Verizon didn't acquire, including Alibaba shares.
Rather than the inevitable bashing of Marissa that will undoubtedly unfurl on this thread, I'd like to put in a little reminder that we usually celebrate taking on big projects and big risks and that we should commend her for taking on the immense challenge of steadying the Yahoo ship.
Yes, she wasn't able to keep the ship from sinking. But I do think she put in a good-faith effort.
Yes, she wasn't able to keep the ship from sinking. But I do think she put in a good-faith effort.
The only mention of Mayer I can find is
> Each of David Filo, Eddy Hartenstein, Richard Hill, Marissa Mayer, Jane Shaw and Maynard Webb has indicated that he or she intends to resign from the Board effective upon the Closing, and that his or her intention to resign is not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
Which indicates that she'll resign from the board, but doesn't say anything about her resigning as CEO. Is that just left off here because it doesn't require SEC disclosure, or is it a possibility that she'll stay?
> Each of David Filo, Eddy Hartenstein, Richard Hill, Marissa Mayer, Jane Shaw and Maynard Webb has indicated that he or she intends to resign from the Board effective upon the Closing, and that his or her intention to resign is not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
Which indicates that she'll resign from the board, but doesn't say anything about her resigning as CEO. Is that just left off here because it doesn't require SEC disclosure, or is it a possibility that she'll stay?
Well, at least they registered Altaba.com. No IP address as of now, though it looks like their mail is handled by Google Apps!
This says Marissa will not be involved with Altaba Inc. (RemainCo) after Yahoo's operating business is sold to Verizon. Which makes sense, since any future of her leadership is with the operating business instead of the investment company Altaba.
Key takeaways from this filing: Yahoo CEO Marissa Mayer is resigning and the company is changing its name to "Altaba Inc."
(The article link was changed from https://twitter.com/BuzzFeedNews/status/818589759320637440 at around 50 points)
(The article link was changed from https://twitter.com/BuzzFeedNews/status/818589759320637440 at around 50 points)
I wish there was a real alternative to search. I use DuckDuckGo, but I believe they run on AWS and purchase index data from Yandex et. al.
At this point, is it even feasible for anyone to enter the general search market, or has Google simply set the barrier to entry too high? Are there any niche search engines that focus on things Google has either removed or doesn't index? Are there other alternatives besides DDG, StartPage, Yandex and Bing?
At this point, is it even feasible for anyone to enter the general search market, or has Google simply set the barrier to entry too high? Are there any niche search engines that focus on things Google has either removed or doesn't index? Are there other alternatives besides DDG, StartPage, Yandex and Bing?
I wonder what's going to happen to Flickr. I still haven't found a replacement place to host my pictures that I want to show off to others.
Etymology of that name - AltaVista + Ali Baba?
Altaba is just a investment company. The operating business will be sold to Verizon (if Verizon doesn't back out), and the money from the sale goes to Altaba. At that point Altaba ought to liquidate and divide the money among the shareholders, but the management may try to invest in other things to justify their jobs.
Is this like Google's move to be under Alphabet as a parent company? Altaba is for the holding group that controls that substantial overseas investments while Yahoo becomes just a brand used for some of their web properties that can be sold off if necessary?
Altabax is a skin cream for bacterial infections.
Was Marissa Mayer expected to stay with the investment company, move over to Verizon with the Yahoo property, or leave entirely?
"In light of the fact that following the Closing the Company will operate as an investment company under the Investment Company Act of 1940" - this is why. It will let Verizon save billions of dollars on Alibaba stock if it can get Yahoo out of the way.
http://fortune.com/2016/02/08/verizon-yahoo-alibaba-taxes/
http://fortune.com/2016/02/08/verizon-yahoo-alibaba-taxes/
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end of an era -- I wonder what Jerry Yang is thinking right now?
What's the verdict on Marissa, did she do a bad job, or was yahoo simply unsaveable?
I wish Yahoo would make more great series like...
https://en.wikipedia.org/wiki/Other_Space
https://en.wikipedia.org/wiki/Other_Space
I'm guessing the brand doesn't need to change.
Probably shouldn't laugh at the new name, but "altaba" really sounds like "ali(baba)'s father" in Chinese...
Will they sell the broadcast.com domain (or will it 301 to altaba)?
I have a great idea to use that domain to host streaming of live youth sports.
I have a great idea to use that domain to host streaming of live youth sports.
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Altaba? Because a rebrand is certainly going to rescue the company. I can see the meetings now. "we need to do something" "....." "Let's do a rebrand! It will all give us the feeling we are doing something"
Alta Vista + Alibaba = Altaba?
This new name is a confusing mishmash.
This new name is a confusing mishmash.
Is Altaba etymologically related to Alibaba?
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Yahoo should focus on discussion.
Should have called it Yooha!
What an absolutely TERRIBLE new name. Why do they think this is a good idea?
The headline was changed but the new one reveals nothing. For those who don't want to dig through the filing: Meyer has resigned from the board and Yahoo is renaming to "Altaba".
Edit: It changed again. That's better.
Edit: It changed again. That's better.