Tuesday, July 4, 2023

Yahoo CEO Jim Lanzone says the company is profitable as a private firm and plans a future IPO; Lanzone joined after Yahoo's September 2021 spinout from Verizon (Daniel Thomas/Financial Times)

Daniel Thomas / Financial Times:
Yahoo CEO Jim Lanzone says the company is profitable as a private firm and plans a future IPO; Lanzone joined after Yahoo's September 2021 spinout from Verizon  —  Yahoo, one of the internet's oldest and best-known brands that had once been a dotcom stock market darling, is planning to return to the public markets.



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Sources: Intel is nearing a deal to sell its stake in Altera to Silver Lake and could announce it as soon as this week; Intel paid $17B for Altera in 2015 (Bloomberg)

Bloomberg : Sources: Intel is nearing a deal to sell its stake in Altera to Silver Lake and could announce it as soon as this week; Intel...