KPIX KPIX 5 News At 5AM April 8, 2016
Recode, a leak shows the revenue forecast falling by 15 to 3. 5 billion with earnings falling by 20 this year. Now, verizon is said to value yahoos core business at 8 billion. The financial situation at yahoo is dire. Now, ceo Marissa Mayers efforts to reboot the company into a content provider by launching a video Web Service Portal fell flat and stock was down 20 this year. If the acquisition by verizon goes through, verizon would replace mayer with top executives from aol. And if mayer is ousted, she could end up with a severance package worth 110 million. Google was reportedly also interes...