No, Yahoo! isn’t changing its name
Trending on social media is how Yahoo is changing it's name to "Altaba" and CEO Marissa Mayer is stepping down. This is false.What is happening instead is that everything we know of as "Yahoo" (including the brand name) is being sold to Verizon. The bits that are left are a skeleton company that holds stock in Alibaba and a few other companies. Since the brand was sold to Verizon, that investment company could no longer use it, so chose "Altaba". Since 83% of its investment is in Alibabi, "Altaba" makes sense. It's not like this new brand name means anything -- the skeleton investment company will be wound down in the next year, either as a special dividend to investors, sold off to Alibaba, or both.
Marissa Mayer is an operations CEO. Verizon didn't want her to run their newly acquired operations, since the entire point of buying them was to take the web operations in a new direction (though apparently she'll still work a bit with them through the transition). And of course she's not an appropriate CEO for an investment company. So she had no job left -- she made her own job disappear.
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