Thursday, 3 December 2015

Yahoo Considering 'Selling Off' Core Business


Yahoo Mail could be sold off, along with its news and sports sites, as the company struggles to increase its revenue.

                          Yahoo

Yahoo is reportedly considering selling its core internet business, a move that would mark the end of an era for one of the web's best-known names.

Shares in Yahoo rose 7% in extended trading after the Wall Street Journal reported the possible sale.

Yahoo's core services include Yahoo Mail, plus its news and sports sites.The company’s board is meeting amid a debate about the future of the company and its high-profile chief executive Marissa Mayer.

Ms Mayer joined Yahoo in 2012 after long spell at Google, and promised to turn the company around.But her plan to boost mobile, video and native adverts has failed to increase revenues, while desktop advertising continues to decline.

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