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Yahoo mobile business up, Verizon deal pushed to Q2

on Jan 24, 2017 | 0 comments

By Kyle O'Brien

Yahoo and CEO Marissa Mayer announced the company’s Q4 results, which showed an uptick in several segments compared to a year ago.

The results also carried an update on the sale to Verizon, which the company said was still happening, but the timing has been pushed back and is now expected to close in Q2 of 2017, or “as soon as practicable.”.

The results come as Yahoo has been involved in several high-profile stories, including its sale to Verizon, a brand name change to Altaba, Mayer’s announcement that she will exit the company’s board and Read full story ›

Source: The Drum