The Next Web: Verizon-owned Yahoo is killing off the best app it’s ever made

The Next Web: Verizon-owned Yahoo is killing off the best app it’s ever made. “Under former CEO Marissa Mayer, Yahoo failed to build anything truly exciting over the past five years – except for a single truly notable app, Yahoo News Digest. Now, under the reign of its new owner Verizon, the company is killing off one of the best mobile apps I’ve ever used.”

The Register: Yahoo! cleanup! will! cost! Verizon! half! a! billion! bucks!

The Register: Yahoo! cleanup! will! cost! Verizon! half! a! billion! bucks! . “Verizon says it will have to write off $500m for severance and integration costs on its acquisition of Yahoo! The telco told the SEC it would mark down the $500m charge in its next quarterly report as it cuts unneeded staff and offices and mixes the rest in with AOL.”

HBR: Marissa Mayer’s Departure from Yahoo and the Challenge of Drawing Lessons from an N of 1

Harvard Business Review: Marissa Mayer’s Departure from Yahoo and the Challenge of Drawing Lessons from an N of 1. “Although the fall of Yahoo was probably inevitable, our fascination with celebrity leaders has resulted in an extraordinary amount of interest in Marissa Mayer’s recent resignation as CEO, in particular her $23 million golden parachute. Five years ago, her appointment was received with both surprise and hope (an unusual combination), though there was no shortage of critics who predicted her demise. As Steve Jobs once noted, it is always easier to connect the dots when you’re looking backwards. With that luxury in our hands now, here are some critical leadership lessons we can draw from Mayer’s tenure as CEO of Yahoo.”

New York Times: Verizon Completes $4.48 Billion Purchase of Yahoo, Ending an Era

New York Times: Verizon Completes $4.48 Billion Purchase of Yahoo, Ending an Era. “Verizon Communications, a telecommunications giant that was a cluster of local phone companies when two Stanford University graduate students began compiling their famous web directory in 1994, completed its purchase on Tuesday of Yahoo’s internet business for $4.48 billion.”