Anybody wanna buy this sign?
Ahead of a planned sale of its core business to Verizon, Yahoo this week made a few adjustments to what will be left of its company after the deal.
First off, the Yahoo name will be changed to Altaba , in reference to a huge stake in Alibaba the remaining company will still hold. Also, CEO Marissa Mayer will step down from the board. Though these moves aren’t really a surprise, we discuss how the changes may signal that the deal is moving forward, after Yahoo’s disclosure of two massive hacks endangered the acquisition.