ALL
Yahoo to change name to Altaba and becomes Alibaba's father
Yahoo, one of the most successful Internet giants in later 1990s, is now becoming a company living with selling assets(offices, domain names) and holding the stocks from Alibaba. Its core business which it was proud of has been sold to Verison with $4.8 billion as disclosed in some document submitted to SEC. Now it's starting the process of changing its name to Altaba.After the acquisition, the current Yahoo CEO Marissa Mayer will resign from the board. But the company will still keep some valuable assets including the $35 billion worth of Alibaba's stock and Yahoo Japan. Only the company hold...