Verizon Buys Yahoo for $5 Billion
This is What's Trending Today.
Many Americans are reacting to news that Verizon Communications will buy Yahoo, one of the first big internet companies.
The deal is worth $4.8 billion.
Verizon is a telecommunications company in the United States. It provides wireless service for cell phones and other mobile devices.
Yahoo opened in 1994. Back then, it offered a guide to websites on the internet. The company later graduated to email, web searches and news.
Yahoo made money by selling advertising on its pages. In the late 1990s, the company may have been worth as much as $125 billion.
But its business has been struggling for a number of years. Some observers say Yahoo had trouble staying relevant as the internet developed. Google is now the most popular search engine in the U.S. Also, social networks like Facebook have changed the way people use the internet.
In 2008, Microsoft tried to buy Yahoo for $44 billion, but its offer was rejected.
Many people were surprised how far the one-time internet giant fell.
The business magazine Forbes called the agreement with Verizon "the saddest $5 billion deal in tech history."
Critics noted how much money Yahoo's chief Marissa Mayer made in her time with the company. She left her job with Google in hopes of reviving Yahoo in 2012. Mayer earned over $200 million in her four years. She is expected to stay with the company until Verizon takes over early next year.
One person compared her earnings to the total amount of a recent U.S. lottery jackpot.
Yahoo officials say they have no plans to sell the company's shares in the Chinese online shopping company Alibaba. They are said to be worth about $40 billion.
And that's What's Trending Today.
I'm Dorothy Gundy.
1.telecommunications company 电信公司
Yesterday, the telecommunications company reported a smaller loss than expected in the first quarter.
2.Back then 当时；那时
Back then the chief executive had been president of the dramatics society.
3.web searches 搜索引擎
Google's primary business is selling online ads as people perform Web searches.
4.social networks 社交网络
I joined all the social networks but there is nothing there!
1.She left her job with Google in hopes of reviving Yahoo in 2012.
in hopes of 怀着...的希望
We are sending out samples in hopes of gaining comments.
She came to the windows, in hopes of distinguishing the long-expected rap.
2.She is expected to stay with the company until Verizon takes over early next year.
take over 接管；接收
The army are threatening to take over if civil unrest continues.
Lao Wang was sent to the hospital;had to take over his work.
威瑞森是美国一家通讯公司 。主要为手机和其他移动设备提供无线网络服务 。
雅虎公司成立于1994年 。当时，雅虎主要提供因特网导航服务 。之后，雅虎开始转向邮箱、搜索引擎和新闻等业务 。
雅虎通过在个人门户售卖广告以获取利润 。在最辉煌的20世纪90年代末，雅虎市值曾达到1250亿美元 。
但是近些年来，雅虎的业务一直不景气 。观察员表示，随着互联网的发展，雅虎一直麻烦不断 。谷歌现在成为美国最受欢迎的搜索网站 。此外，脸书等一些社交网站的出现已经改变了人们使用网络的方式 。
评论员专门强调了雅虎CEO玛丽莎·梅耶尔（Marissa Mayer）任职期间的收入 。2012年，为了振兴雅虎梅耶尔毅然离开谷歌 。过去的四年里，梅耶尔从雅虎公司得到的薪资福利超过2亿美元 。威瑞森于明年年初接管雅虎之前，梅耶尔会继续留任 。
雅虎员工表示，他们不会出售公司所持的中国电商企业阿里巴巴的股份 。据悉，阿里巴巴股权价值近400亿美元 。