Yahoo facilities sign

Verizon to buy Yahoo for $4.8 billion

July 26, 2016 Anthony 2

For a long time, Yahoo’s fortunes have dwindled, with lots of wondering what will become of the 90s Internet giant. Now, it’s official: the company is being sold to Verizon for $4.8 billion. Yahoo plans to sell Verizon most of its famous assets, such as its web services (finances, a web portal, etc.), Flickr, Tumblr, and even the company’s name/logo.