Marissa Mayer quits Yahoo as Verizon seals takeover
Marissa Mayer quits Yahoo as Verizon seals takeover
19 Giugno, 2017, 06:00
This also puts an end to almost five-year leadership of Yahoo CEO Marissa Mayer, who will not join Verizon and will walk away with a compensation package now worth about $125 million, along with her severance pay and stock awards that will be fully vested with the deal's completion.
The Oath Portfolio now includes AOL.com, Yahoo Sports, HuffPost, Tumblr, Makers, Yahoo Finance, Build Studios, and Yahoo Mail, etc.
"Given the inherent changes to Marissa Mayer's role with Yahoo! resulting from the closing of the transaction, Mayer has chosen to resign".
Oath has about 1.3 billion users who visit at least once a month, and Verizon hopes to use its range of content and create new forms of advertising to attract more viewers and marketers to the platform.
"Looking back on my time at Yahoo, we have confronted seemingly insurmountable business challenges, along with many surprise twists and turns", Mayer wrote, signing off with: "Yaho-o-oo!"
While the acquisition deal was announced in July last year, the process has been delayed as the companies had to deal with the aftermath of two data breaches suffered by Yahoo! last year.
In Verizon's announcement, Marni Walden, president of Media and Telematics at Verizon, said the transaction represents a "critical step in growing the global scale" that Verizon needs. Verizon wishes Mayer well in her future endeavors.
The closing of the deal, announced in July, had been delayed as the companies assessed the fallout from two data breaches that Yahoo disclosed previous year.
While no official announcement was made on Tuesday about job cuts, a source told CNBC last week that around 2,100 jobs could be slashed as Yahoo and AOL integrate.
Yahoo will be renamed as Altaba with 15.5% stake in Alibaba Group Holding Ltd and 35.5% holding in Yahoo Japan Corp.
"The combined set of assets across Verizon and Oath, from VR to AI, 5G to IoT, from content partnerships to originals, will create exciting new ways to captivate audiences across the globe", she added. Thomas McInerney, a former board member of Yahoo, will become CEO of the company.
Representative Adam Schiff has said Trump and his legal team seem determined to "take down" Special Counsel Robert Mueller . And, short of firing Mueller - which would be political suicide for Trump - he just has to wait and see how it plays out.
I thought OSU pressed at the plate at times on Saturday, and that cost them several opportunities to score more runs. Quincy Nieporte and Taylor Walls also contributed a hit apiece, combining for a double and a RBI. "We made mistakes.
Adding: "When we were looking at this when I was DPP in relation to other fires, we were looking at manslaughter charges". The British government has announced a 5 million-pound ($6.3 million) emergency fund for the victims.
Sheikh Sabah al-Ahmad Al Sabah, the emir of Kuwait, which has not cut ties with Qatar, has also been trying to mediate. Many Erdogan supporters fear that he could be the next target by the US after the Qatari emir.
His spokeswoman Sarah Huckabee Sanders, however, would later tell reporters the president "has no intention" to dismiss Mueller. Donald Trump is in way over his head, and his presidency looks like it is living on borrowed time.
Zarif also held separate meetings with Uzbek Foreign Minister Abdulaziz Kamilov and Kyrgyz Foreign Minister Erlan Abdyldaev. According to reports, the meeting had taken place on the sidelines of the Shanghai Cooperation Organisation ( SCO) summit .
These were hard conversations with a tight-knit community that is understandably distraught, frustrated and increasingly angry . Several people appeared to clash with security guards inside, before leaving the building and gathering on the steps outside.
La legge sullo ius soli garantirebbe più sicurezza? La legge sullo Ius Soli è una follia contro la quale ci opporremo. Queste le parole del segretario generale della Cei, parlando alla Repubblica delle Idee a Bologna.
Police say the harrowing search for remains had paused Friday because of safety concerns at the blackened tower but has resumed. A number of police officers have formed a human guard at the reception of the town hall to stop anymore protesters entering.
President Trump confirms he is under investigation
Rosenstein had written to Trump recommending Comey's firing . "I've talked with Director Mueller about this", Rosenstein told AP. Comey said he typed notes describing the conversations because he was anxious Trump "might lie" later about them.
Ronaldo to leave Real Madrid?
We played without confidence, couldn't connect two or three passes. "We played a team that has very good, technical players". I said we were not favourites, but contenders for victory. "34" - GOAL! Portugal 1-0 Mexico .
Trump Appears to Confirm He Is Under Federal Investigation
In a series of tweets on Friday morning the president confirmed that he was being investigated for firing James Comey on May 9th. In a tweet , Trump appeared to confirm that that he was being investigated for firing ex-FBI director James Comey .
All talk, few trades before NHL's expansion roster freeze
If Fleury lands in Vegas, he would be the instant face of the team and the first starting goaltender in Golden Knights history. The fifth-year player, however, won't be ready for the start of the season after having surgery to fix a shoulder injury.
Watertown Sailor Dead In Destroyer, Container Ship Collison
The deceased sailors are: Dakota Kyle Rigsby, 19, of Palmyra, Virginia; Shingo Alexander Douglass, 25, of San Diego; Ngoc T. Most of the more than 200 sailors aboard would have been asleep in their berths at the time of the pre-dawn crash.
Death toll from London inferno rises to 58
Hundreds have been left homeless, putting more pressure on officials in a city plagued by a chronic housing shortage. The fire at the 24-story building has led to community anger and protests over the British government's response.
Scalise upgraded from 'critical' to 'serious' condition
His doctors cautioned, however, that he remained in critical condition and would "be in the hospital for some time". Sava declined to put a timeline on when that would happen or when Scalise, 51, would be able to leave the hospital.
Vaccini obbligatori, più ne salti e più paghi di multa
Di queste ne abbiamo individuate 4 o 5 non propriamente di richiesta di informazione, ma chiaramente provocatorie. Ovviamente, la violazione dell'obbligo vaccinale comporta l'applicazione di significative sanzioni pecuniarie.