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Saddest Deal in Tech History: Yahoo Sold to Verizon for a Token

News by ITGurus

After months of speculation, the Yahoo’s seventh and final CEO and a highly rated Google executive, Marissa Mayer has withdrawn from the fight of her life on Monday, July 25, 2016 as Yahoo announced the sale of its core Internet operating business to US Telecoms giant Verizon Communications for a small fraction of the amount it was worth in year 2000.
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