Category archives: Yahoo

In the formative years of the web, Yahoo was the biggest, richest internet upstart in Silicon Valley, and it incubated a generation of executives.

Yahoo Inc.’s quarterly earnings fell short of Wall Street expectations on Monday.

The biggest U.S. wireless carrier is seeking to challenge the second largest U.S. wireless provider in the third round of bidding.

No committed financing was required for second-round bids, and Yahoo will assemble in the coming days a new shortlist of bidders from which it will solicit binding offers.

The company has sent letters to a number of potential buyers for the patents, which date back to when the company was founded in 1996 and also include its original search technology.

Bidders include frontrunner Verizon, inventor Dan Gilbert (backed by Warren Buffett), TPG, and a consortium that includes Bain Capital and former Yahoo CEO Ross Levinsohn.

The deal had been in place for 15 years.

Look back at over two decades of turmoil at a company that once sat atop the World Wed Web, and weep.

Yahoo launched an auction of its core business in February after it shelved plans to spin off its stake in Chinese ecommerce giant Alibaba.