Yahoo! Sold to Verizon

yahoo-verizon

I thought I’ve seen this coming. Techcrunch reports:

After a months-long bidding process and many layoffs, Yahoo has finally found a buyer. Verizon (which owns AOL, which owns TechCrunch) is officially acquiring Yahoo’s core business for $4.83 billion in cash, which includes Yahoo’s advertising, content, search and mobile activities.

I just hope the new owner, Verizon, will be able to turn Yahoo! around. At the very least, I hope they can salvage what was left of it, especially those that were once great like Tumblr and Flickr, among others.

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