Verizon purchases yahoo in 5 billion

Verizon confirmed the purchase of Yahoo for $4.83 billion on 26^th july /2016, marking the end of an era for the company that once defined the world wide web.

Internet Yahoo finally confirmed a deal to sell its main online resources, ending the 20-year run as an independent & impressive company. United States telecommunications giant Verizon Communications bought the advertising operation and also the search engine of Yahoo.

Yahoo CEO Marissa Mayer said, “Today is a big day for me & Yahoo. For me personally, I’m planning to stay. I love Yahoo.”

Yahoo is still doing main force of the Internet, but it lags behind b/w competitors in its ability to “monetize” their audience through publishing & advertising, that is associated with the processing of clients and other online activities.

The deal marks are sharp decline for Yahoo, one of the most famous names in the Internet time early, which is estimated at more than $100 billion to the dot-com collapse in 2000 and also which in 2008, rejected the offer of $44 billion from Microsoft.

The company had a much better chance of survival with Microsoft back in 2008 even though LinkedIn got $26.2 billion.

Children will continue to be remembered, Yahoo, as a pioneer, which failed instantly after the bursting of the dot-com burst