It’s official: Verizon owns Yahoo! Marissa Mayer resigns

Verizon Communications Inc. today completed its acquisition of the operating business of Yahoo! Inc. Verizon has combined these assets with its existing AOL business to create a new subsidiary, Oath, a diverse house of more than 50 media and technology brands that engages more than a billion people around the world. The Oath portfolio includes […]

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Marissa Mayer will resign as CEO of Yahoo! Yahoo! to be renamed

Marissa Mayer will resign from Yahoo’s board of directors and the company itself will be renamed Altaba Inc., according to documents filed with the SEC today. The documents state that following the close of Yahoo’s $4.8 billion sale to Verizon—which, by the way, is still up in the air—Mayer and several other members of the board will resign. The filing […]

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