[Tyler]

Will Yahoo find a buyer? Bids are due
18 April 2016, 12:00 am

                    After a tumultuous decade that saw the Internet company lose the battle for search to onetime underdog Google, churn through five chief executives plus an interim CEO, and largely miss out on tech's move to mobile, the Sunnyvale, Calif., company sought "strategic alternatives" this year -- industry-speak for a buyer. A sale would mark an end for a company once considered a giant of the Web, but it's an option investors -- who have grown increasingly frustrated with Yahoo's direction -- have rallied behind.

Los Angeles Times - Technology NewsLink

Source: AI in the News

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