The CEO announced earlier this year that shed like to continue to work at Yahoo under Verizon.
However, not all of Yahoo is going to Verizon.
According toThe Verge, Verizon will pay $4.83 billion for Yahoo Mail, Search, and its blogs.
Some important parts of Yahoo which include stakes in Alibaba and Yahoo Japan will be left behind.
The leftovers will be organized by a different company which is going to be called Altaba.
So, Altaba Inc. will collect Yahoos remains and progress to become an investment company.
The new board will include a total of five directors.
So, what do you think about the new name?
Share your views in the comment box below.
