Yahoo Has Reportedly Been Sold to Verizon for $4.8 Billion USD

According to an unknown source, come Monday morning Verizon has plans to announce its purchase of Yahoo's core assets for a pitiful $4.8 billion USD, considering that at the peak of its success, the company was valued at $125 billion. In 2008, Yahoo rejected Microsoft's offer to buy the company for $44 billion USD. Yahoo's core assets will include its email service and news, finance and sport websites, and its advertising tools. The company will still retain its Alibaba stake and Yahoo Japan Cor...