Live Updates: COVID-19 Cases
  • World 19,837,358
    World
    Confirmed: 19,837,358
    Active: 6,364,112
    Recovered: 12,742,977
    Death: 730,269
  • USA 5,150,879
    USA
    Confirmed: 5,150,879
    Active: 2,347,118
    Recovered: 2,638,673
    Death: 165,088
  • Brazil 3,013,369
    Brazil
    Confirmed: 3,013,369
    Active: 818,533
    Recovered: 2,094,293
    Death: 100,543
  • India 2,158,408
    India
    Confirmed: 2,158,408
    Active: 631,693
    Recovered: 1,483,197
    Death: 43,518
  • Russia 887,536
    Russia
    Confirmed: 887,536
    Active: 179,183
    Recovered: 693,422
    Death: 14,931
  • South Africa 553,188
    South Africa
    Confirmed: 553,188
    Active: 138,410
    Recovered: 404,568
    Death: 10,210
  • Mexico 475,902
    Mexico
    Confirmed: 475,902
    Active: 105,258
    Recovered: 318,638
    Death: 52,006
  • Peru 471,012
    Peru
    Confirmed: 471,012
    Active: 130,997
    Recovered: 319,171
    Death: 20,844
  • Chile 371,023
    Chile
    Confirmed: 371,023
    Active: 16,879
    Recovered: 344,133
    Death: 10,011
  • Spain 361,442
    Spain
    Confirmed: 361,442
    Active: 332,939
    Recovered: ?
    Death: 28,503
  • Iran 326,712
    Iran
    Confirmed: 326,712
    Active: 23,914
    Recovered: 284,371
    Death: 18,427
  • UK 309,763
    UK
    Confirmed: 309,763
    Active: 263,197
    Recovered: ?
    Death: 46,566
  • Saudi Arabia 287,262
    Saudi Arabia
    Confirmed: 287,262
    Active: 33,692
    Recovered: 250,440
    Death: 3,130
  • Pakistan 284,121
    Pakistan
    Confirmed: 284,121
    Active: 17,791
    Recovered: 260,248
    Death: 6,082
  • Bangladesh 257,600
    Bangladesh
    Confirmed: 257,600
    Active: 105,831
    Recovered: 148,370
    Death: 3,399
  • Italy 250,103
    Italy
    Confirmed: 250,103
    Active: 12,953
    Recovered: 201,947
    Death: 35,203
  • Turkey 239,622
    Turkey
    Confirmed: 239,622
    Active: 11,137
    Recovered: 222,656
    Death: 5,829
  • Germany 216,896
    Germany
    Confirmed: 216,896
    Active: 10,235
    Recovered: 197,400
    Death: 9,261
  • France 197,921
    France
    Confirmed: 197,921
    Active: 84,761
    Recovered: 82,836
    Death: 30,324
  • Canada 119,221
    Canada
    Confirmed: 119,221
    Active: 6,679
    Recovered: 103,566
    Death: 8,976
  • China 84,619
    China
    Confirmed: 84,619
    Active: 817
    Recovered: 79,168
    Death: 4,634
  • Netherlands 58,564
    Netherlands
    Confirmed: 58,564
    Active: 52,407
    Recovered: ?
    Death: 6,157
  • Australia 21,084
    Australia
    Confirmed: 21,084
    Active: 9,228
    Recovered: 11,561
    Death: 295
  • S. Korea 14,598
    S. Korea
    Confirmed: 14,598
    Active: 651
    Recovered: 13,642
    Death: 305
  • New Zealand 1,569
    New Zealand
    Confirmed: 1,569
    Active: 23
    Recovered: 1,524
    Death: 22

Yahoo renames as Altaba after $4.8 Verizon deal, concurrently Marissa Mayer resigns

Author at TechGenyz Business
Yahoo Renames Altaba

Yahoo was in the news this week as the company planned to change its name to Altaba after the $4.8 Verizon deal. At the same time, the company’s CEO Marissa Mayer has announced to resign from the company.

It’s been a great headline from last few days that the company is selling itself to Verizon but it’s not actually like that, only some of the services are being sold which includes Yahoo’s consumer web business, Yahoo Mail and Sports.

Now Yahoo announced its new name as ‘Altaba’ in an SEC filling on Monday. Moreover, the company also stated that, after the sale, the remaining company will have a smaller board and David Flio, Co-Founder of Yahoo will also leave the board.

After the sale, Yahoo will be left behind with 15% of Chinese retail giant Alibaba and a part of Yahoo Japan. And hence the company will be named as Altaba. It is well known that ‘Yahoo’ is very familiar name for all the users on internet which was given by its founders, Jerry Yang and David Flio in 1994. Yahoo also announced that some of its board members will not be there anymore with the company. Marissa Mayer and David Flio will resign soon from the company.

Furthermore, Tor Braham, Eric Brandt, Catherine Friedman, Thomas McInerney and Jefferey Smith are the new directors of Altaba and Brandt will serve as Altaba’s Chairman. Now, the company is all set to be known as Altaba with its new board members.

Career

Subscribe