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Yahoo is being renamed Altaba, Marissa Mayer steps down

Yahoo rebranded to Altaba, CEO steps down
By: Anthony Garreffa | BREAKING STORY News | Posted: Jan 9, 2017 11:59 pm

So this just happened - Yahoo has rebranded itself to Altaba Inc., with its CEO Marissa Mayer stepping down effective immediately.

 

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TechCrunch reports that Mayer "may be tapped for a role in Yahoo's integration at Verizon, but her position has yet to be announced". Yahoo has recently gone through some massive troubles, with 1 billion user accounts being compromised - which could lead to its deal with Verizon being troubled, but TC said that the "planned sale to Verizon is still moving forward".

 

They added: "some portions of the company will be left behind and renamed to Altaba Inc.", a very interesting - and all-of-the-sudden move.

NEWS SOURCES:Techcrunch.com

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