Monday

Altaba - What Is That, You Ask?

In what is no doubt an attempt to wash away some of the stink of Yahoo's security debacles of the last few years, the company will become Altaba after it's acquisition by Verizon is complete (assuming the transaction does in fact take place).
The SEC filing revealed that CEO Marissa Mayer, along with cofounder David Filo, current chairman Maynard Webb, and three other members of Yahoo's current board, will resign from the board following the closure of the Verizon deal. Altaba's new board will have just five members, all of which are current members of Yahoo's larger 11-person board, including Eric Brandt as the new chairman.
 Techspot

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