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Inc.</span> </div> </a> <ul id="toc-1994–2017:_Yahoo!_Inc.-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-2017–2019:_Altaba_Inc." class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#2017–2019:_Altaba_Inc."> <div class="vector-toc-text"> <span class="vector-toc-numb">1.2</span> <span>2017–2019: Altaba Inc.</span> </div> </a> <ul id="toc-2017–2019:_Altaba_Inc.-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Assets" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Assets"> <div class="vector-toc-text"> <span class="vector-toc-numb">2</span> <span>Assets</span> </div> </a> <ul id="toc-Assets-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-References" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#References"> <div class="vector-toc-text"> <span class="vector-toc-numb">3</span> <span>References</span> </div> </a> <ul id="toc-References-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-External_links" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#External_links"> <div class="vector-toc-text"> <span class="vector-toc-numb">4</span> <span>External links</span> </div> </a> <ul id="toc-External_links-sublist" class="vector-toc-list"> </ul> </li> </ul> </div> </div> </nav> </div> </div> <div class="mw-content-container"> <main id="content" class="mw-body"> <header class="mw-body-header vector-page-titlebar"> <nav aria-label="Contents" class="vector-toc-landmark"> <div id="vector-page-titlebar-toc" class="vector-dropdown vector-page-titlebar-toc vector-button-flush-left" title="Table of Contents" > <input type="checkbox" id="vector-page-titlebar-toc-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-vector-page-titlebar-toc" class="vector-dropdown-checkbox " aria-label="Toggle the table of contents" > <label id="vector-page-titlebar-toc-label" for="vector-page-titlebar-toc-checkbox" class="vector-dropdown-label cdx-button cdx-button--fake-button cdx-button--fake-button--enabled cdx-button--weight-quiet cdx-button--icon-only " aria-hidden="true" ><span class="vector-icon mw-ui-icon-listBullet mw-ui-icon-wikimedia-listBullet"></span> <span class="vector-dropdown-label-text">Toggle the table of contents</span> </label> <div class="vector-dropdown-content"> <div id="vector-page-titlebar-toc-unpinned-container" class="vector-unpinned-container"> </div> </div> </div> </nav> <h1 id="firstHeading" class="firstHeading mw-first-heading"><span class="mw-page-title-main">Altaba</span></h1> <div id="p-lang-btn" class="vector-dropdown mw-portlet mw-portlet-lang" > <input type="checkbox" id="p-lang-btn-checkbox" role="button" aria-haspopup="true" data-event-name="ui.dropdown-p-lang-btn" class="vector-dropdown-checkbox mw-interlanguage-selector" aria-label="Go to an article in another language. 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lang="it" hreflang="it" data-title="Altaba" data-language-autonym="Italiano" data-language-local-name="Italian" class="interlanguage-link-target"><span>Italiano</span></a></li><li class="interlanguage-link interwiki-pt mw-list-item"><a href="https://pt.wikipedia.org/wiki/Altaba" title="Altaba – Portuguese" lang="pt" hreflang="pt" data-title="Altaba" data-language-autonym="Português" data-language-local-name="Portuguese" class="interlanguage-link-target"><span>Português</span></a></li> </ul> <div class="after-portlet after-portlet-lang"><span class="wb-langlinks-edit wb-langlinks-link"><a href="https://www.wikidata.org/wiki/Special:EntityPage/Q30321616#sitelinks-wikipedia" title="Edit interlanguage links" class="wbc-editpage">Edit links</a></span></div> </div> </div> </div> </header> <div class="vector-page-toolbar"> <div class="vector-page-toolbar-container"> <div id="left-navigation"> <nav aria-label="Namespaces"> <div id="p-associated-pages" class="vector-menu vector-menu-tabs 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class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">American investment company, formerly known as Yahoo Inc.</div> <p class="mw-empty-elt"> </p> <style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><style data-mw-deduplicate="TemplateStyles:r1242257876">.mw-parser-output .ib-company .infobox-label{padding-right:0.5em}.mw-parser-output .ib-company .infobox-data,.mw-parser-output .ib-company .infobox-below{line-height:1.35em}.mw-parser-output .ib-company-logo img{background-color:#f8f9fa}.mw-parser-output .ib-company-locality,.mw-parser-output .ib-company-country{display:inline}</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org" style="font-size: 125%;">Altaba Inc.</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span class="mw-default-size" typeof="mw:File/Frameless"><a href="/wiki/File:Altabalogo.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/2/2f/Altabalogo.png" decoding="async" width="172" height="51" class="mw-file-element" data-file-width="172" data-file-height="51" /></a></span><div class="infobox-caption">Altaba Inc. logo</div></td></tr><tr><th scope="row" class="infobox-label">Formerly</th><td class="infobox-data nickname">Yahoo! Inc. (1995–2017)</td></tr><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category"><a href="/wiki/Public_company" title="Public company">Public</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Ticker_symbol" title="Ticker symbol">Traded as</a></div></th><td class="infobox-data"><a href="/wiki/Nasdaq" title="Nasdaq">Nasdaq</a>: AABA</td></tr><tr><th scope="row" class="infobox-label">Industry</th><td class="infobox-data category"><a href="/wiki/Investment_company" title="Investment company">Investment company</a></td></tr><tr><th scope="row" class="infobox-label">Predecessor</th><td class="infobox-data"><a href="/wiki/Yahoo!_Inc._(1995%E2%80%932017)" title="Yahoo! Inc. (1995–2017)">Yahoo! Inc.</a></td></tr><tr><th scope="row" class="infobox-label">Founded</th><td class="infobox-data">January 1994<span class="noprint">; 31 years ago</span><span style="display:none"> (<span class="bday dtstart published updated">1994-01</span>)</span> (as Jerry and David's Guide to the World Wide Web)<br />March 2, 1995<span class="noprint">; 30 years ago</span><span style="display:none"> (<span class="bday dtstart published updated">1995-03-02</span>)</span> (as Yahoo!)<br />June 17, 2017<span style="display: none;"> (<span class="bday dtstart published updated itvstart">2017-6-17</span>)</span> (as Altaba)</td></tr><tr><th scope="row" class="infobox-label">Founders</th><td class="infobox-data agent"><style data-mw-deduplicate="TemplateStyles:r1126788409">.mw-parser-output .plainlist ol,.mw-parser-output .plainlist ul{line-height:inherit;list-style:none;margin:0;padding:0}.mw-parser-output .plainlist ol li,.mw-parser-output .plainlist ul li{margin-bottom:0}</style><div class="plainlist"><ul><li><a href="/wiki/Jerry_Yang" title="Jerry Yang">Jerry Yang</a></li><li><a href="/wiki/David_Filo" title="David Filo">David Filo</a></li></ul></div></td></tr><tr><th scope="row" class="infobox-label">Defunct</th><td class="infobox-data">October 4, 2019<span style="display: none;"> (<span class="dtend itvend">2019-10-4</span>)</span></td></tr><tr><th scope="row" class="infobox-label">Fate</th><td class="infobox-data">Dissolution</td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data adr"><div class="ib-company-locality locality">New York City, New York</div>, <div class="ib-company-country country-name">United States</div></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent"><a href="/wiki/Thomas_J._McInerney_(executive)" title="Thomas J. McInerney (executive)">Thomas J. McInerney</a> (<a href="/wiki/President_(corporate_title)" title="President (corporate title)">president</a> and <a href="/wiki/Chief_executive_officer" title="Chief executive officer">CEO</a>)</td></tr><tr><th scope="row" class="infobox-label">Revenue</th><td class="infobox-data">$333 million<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> (2018)</td></tr><tr><th scope="row" class="infobox-label"><a href="/wiki/Subsidiary" title="Subsidiary">Subsidiaries</a></th><td class="infobox-data">Excalibur IP, LLC</td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><span class="url"><a rel="nofollow" class="external text" href="http://www.altaba.com">www<wbr />.altaba<wbr />.com</a></span></td></tr></tbody></table> <p><b>Altaba Inc.</b> was a non-diversified, closed-end management <a href="/wiki/Investment_company" title="Investment company">investment company</a> based in <a href="/wiki/New_York_City" title="New York City">New York City</a><sup id="cite_ref-TheStreet.com_2-0" class="reference"><a href="#cite_note-TheStreet.com-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> that was formed from the remains of <a href="/wiki/Yahoo!_Inc._(1995%E2%80%932017)" title="Yahoo! Inc. (1995–2017)">the first incarnation of Yahoo! Inc.</a> after <a href="/wiki/Verizon" title="Verizon">Verizon</a> had acquired old Yahoo's <a href="/wiki/Internet" title="Internet">Internet</a> business.<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> Verizon completed its acquisition on June 13, 2017, and put the assets under a new subsidiary named Yahoo! Holdings within its newly created division, Oath (now <a href="/wiki/Yahoo!_Inc._(2017%E2%80%93present)" title="Yahoo! Inc. (2017–present)">the current incarnation of Yahoo! Inc.</a>).<sup id="cite_ref-:0_4-0" class="reference"><a href="#cite_note-:0-4"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> After the transaction, Yahoo! Inc. had no operating business but retained its cash holdings, partnership investments and bond portfolio, as well as certain patents that Verizon did not purchase. It reorganized as an investment fund and changed its name to Altaba Inc. on June 16.<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-:1_7-0" class="reference"><a href="#cite_note-:1-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> The only Yahoo! - branded interest held by Altaba was its stake in the joint venture <a href="/wiki/Yahoo!_Japan" class="mw-redirect" title="Yahoo! Japan">Yahoo! Japan</a>, which it sold to the <a href="/wiki/SoftBank_Group" title="SoftBank Group">SoftBank Group</a> in late 2018.<sup id="cite_ref-TheStreet.com_2-1" class="reference"><a href="#cite_note-TheStreet.com-2"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-8" class="reference"><a href="#cite_note-8"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="History">History</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Altaba&action=edit&section=1" title="Edit section: History"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <div class="mw-heading mw-heading3"><h3 id="1994–2017:_Yahoo!_Inc."><span id="1994.E2.80.932017:_Yahoo.21_Inc."></span>1994–2017: Yahoo! Inc.</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Altaba&action=edit&section=2" title="Edit section: 1994–2017: Yahoo! Inc."><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1236090951">.mw-parser-output .hatnote{font-style:italic}.mw-parser-output div.hatnote{padding-left:1.6em;margin-bottom:0.5em}.mw-parser-output .hatnote i{font-style:normal}.mw-parser-output .hatnote+link+.hatnote{margin-top:-0.5em}@media print{body.ns-0 .mw-parser-output .hatnote{display:none!important}}</style><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="/wiki/Yahoo!_Inc._(1995%E2%80%932017)" title="Yahoo! Inc. (1995–2017)">Yahoo! Inc. (1995–2017)</a></div> <p>In January 1994, <a href="/wiki/Jerry_Yang" title="Jerry Yang">Jerry Yang</a> and <a href="/wiki/David_Filo" title="David Filo">David Filo</a>, who were Electrical Engineering graduate students, created a website called "Jerry and David's Guide to the World Wide Web". The Guide was a directory of other websites, organized in a hierarchy, as opposed to a searchable index of pages. In April 1994, Jerry and David's Guide to the World Wide Web was renamed "Yahoo!".<sup id="cite_ref-David_G._Thomson_2006_155_9-0" class="reference"><a href="#cite_note-David_G._Thomson_2006_155-9"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-Ethan_Trex_10-0" class="reference"><a href="#cite_note-Ethan_Trex-10"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> The word "YAHOO" is a <a href="/wiki/Backronym" title="Backronym">backronym</a> for "<a href="/wiki/Yet_another" title="Yet another">Yet Another</a> Hierarchically Organized Oracle"<sup id="cite_ref-11" class="reference"><a href="#cite_note-11"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> or "Yet Another Hierarchical Officious Oracle."<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> The yahoo.com domain was created on January 18, 1995.<sup id="cite_ref-WHOIS_information_for:_yahoo.com_13-0" class="reference"><a href="#cite_note-WHOIS_information_for:_yahoo.com-13"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup> </p><p>Yahoo! grew rapidly throughout the 1990s and diversified into a <a href="/wiki/Web_portal" title="Web portal">web portal</a>, followed by numerous high-profile acquisitions. The company's stock price skyrocketed during the <a href="/wiki/Dot-com_bubble" title="Dot-com bubble">dot-com bubble</a> and closed at an all-time high of US$118.75 in 2000;<sup id="cite_ref-Simon_14-0" class="reference"><a href="#cite_note-Simon-14"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup> however, after the dot-com bubble burst, it reached an all-time low of US$8.11 in 2001.<sup id="cite_ref-StockAllTimeLow_15-0" class="reference"><a href="#cite_note-StockAllTimeLow-15"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup> Yahoo! formally rejected an acquisition bid from the <a href="/wiki/Microsoft" title="Microsoft">Microsoft Corporation</a> in 2008.<sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup> In early 2012, the largest layoff in Yahoo!'s history was completed and 2,000 employees (14 percent of the workforce) lost their jobs.<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">[</span>17<span class="cite-bracket">]</span></a></sup> </p><p><a href="/wiki/Carol_Bartz" title="Carol Bartz">Carol Bartz</a> replaced co-founder Jerry Yang as <a href="/wiki/CEO" class="mw-redirect" title="CEO">CEO</a> in January 2009,<sup id="cite_ref-18" class="reference"><a href="#cite_note-18"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup> but was fired by the board of directors in September 2011; <a href="/wiki/Tim_Morse" title="Tim Morse">Tim Morse</a> was appointed as interim CEO following Bartz's departure.<sup id="cite_ref-19" class="reference"><a href="#cite_note-19"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup> Former <a href="/wiki/PayPal" title="PayPal">PayPal</a> president <a href="/wiki/Scott_Thompson_(businessman)" title="Scott Thompson (businessman)">Scott Thompson</a> became CEO in January 2012 and after he resigned was replaced by <a href="/wiki/Ross_Levinsohn" title="Ross Levinsohn">Ross Levinsohn</a> as the company's interim CEO on May 13, 2012. On July 16, former Google executive <a href="/wiki/Marissa_Mayer" title="Marissa Mayer">Marissa Mayer</a>, became the CEO of the company.<sup id="cite_ref-20" class="reference"><a href="#cite_note-20"><span class="cite-bracket">[</span>20<span class="cite-bracket">]</span></a></sup> </p><p>The media reported on Yahoo!'s interest in the video streaming site Hulu on May 26, 2013. Under Mayer's leadership, Yahoo!'s bid is worth between US$600 and $800 million, as a variety of options that consist of different circumstances were put forward by the company.<sup id="cite_ref-21" class="reference"><a href="#cite_note-21"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup> As of May 28, 2013, Yahoo!'s videos attract 45 million unique visitors a month, while Hulu has 24 million visitors—the combination of the two audiences can place Yahoo! in the second-most popular position after Google and its subsidiary <a href="/wiki/YouTube" title="YouTube">YouTube</a>.<sup id="cite_ref-22" class="reference"><a href="#cite_note-22"><span class="cite-bracket">[</span>22<span class="cite-bracket">]</span></a></sup> </p><p>Data collated by comScore during July 2013 revealed that more people in the U.S. visited Yahoo! websites during the month in comparison to Google websites—the occasion was the first time that Yahoo! outperformed Google since 2011. The data did not incorporate visit statistics for the Yahoo!-owned Tumblr website or mobile phone usage.<sup id="cite_ref-23" class="reference"><a href="#cite_note-23"><span class="cite-bracket">[</span>23<span class="cite-bracket">]</span></a></sup> </p><p>On September 22, 2016, Yahoo disclosed <a href="/wiki/Yahoo!_data_breach" class="mw-redirect" title="Yahoo! data breach">a data breach</a> in which <a href="/wiki/Security_hacker" title="Security hacker">hackers</a> stole information associated with at least 500 million user accounts in late 2014.<sup id="cite_ref-Yahoo_Says_Hackers_Stole_Data_on_500_Million_Users_in_2014_24-0" class="reference"><a href="#cite_note-Yahoo_Says_Hackers_Stole_Data_on_500_Million_Users_in_2014-24"><span class="cite-bracket">[</span>24<span class="cite-bracket">]</span></a></sup> According to the <a href="/wiki/BBC" title="BBC">BBC</a>, this was the largest technical <a href="/wiki/Data_breach" title="Data breach">breach</a> reported to date.<sup id="cite_ref-25" class="reference"><a href="#cite_note-25"><span class="cite-bracket">[</span>25<span class="cite-bracket">]</span></a></sup> Specific details of material taken include names, email addresses, telephone numbers, encrypted or unencrypted security questions and answers, dates of birth, and <a href="/wiki/Encryption" title="Encryption">encrypted</a> <a href="/wiki/Password" title="Password">passwords</a>.<sup id="cite_ref-BBC_23_Sept_2016_26-0" class="reference"><a href="#cite_note-BBC_23_Sept_2016-26"><span class="cite-bracket">[</span>26<span class="cite-bracket">]</span></a></sup> The breach used manufactured <a href="/wiki/HTTP_cookie" title="HTTP cookie">web cookies</a> to falsify login credentials, allowing hackers to gain access to any account without a password.<sup id="cite_ref-wash1_27-0" class="reference"><a href="#cite_note-wash1-27"><span class="cite-bracket">[</span>27<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-bbc2_28-0" class="reference"><a href="#cite_note-bbc2-28"><span class="cite-bracket">[</span>28<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-wired_dec2016_29-0" class="reference"><a href="#cite_note-wired_dec2016-29"><span class="cite-bracket">[</span>29<span class="cite-bracket">]</span></a></sup> On December 14, 2016 <a href="/wiki/Yahoo!_data_breaches" class="mw-redirect" title="Yahoo! data breaches">a separate data breach</a>, occurring earlier around August 2013 was reported. This breach affected over 1 billion user accounts and is again considered the largest discovered in the <a href="/wiki/History_of_the_Internet" title="History of the Internet">history of the Internet</a>.<sup id="cite_ref-nytimes_dec2016_30-0" class="reference"><a href="#cite_note-nytimes_dec2016-30"><span class="cite-bracket">[</span>30<span class="cite-bracket">]</span></a></sup> </p><p>On June 13, 2017, following the departure of <a href="/wiki/Marissa_Mayer" title="Marissa Mayer">Marissa Mayer</a>, <a href="/wiki/Thomas_J._McInerney_(executive)" title="Thomas J. McInerney (executive)">Thomas J. McInerney</a> was appointed chairman and CEO of Yahoo! Inc.<sup id="cite_ref-31" class="reference"><a href="#cite_note-31"><span class="cite-bracket">[</span>31<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading3"><h3 id="2017–2019:_Altaba_Inc."><span id="2017.E2.80.932019:_Altaba_Inc."></span>2017–2019: Altaba Inc.</h3><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Altaba&action=edit&section=3" title="Edit section: 2017–2019: Altaba Inc."><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>On June 16, 2017, the company that remained after Verizon Communications purchased the core Internet businesses of Yahoo! Inc. was renamed <b>Altaba Inc.</b> The new company, listed by the <a href="/wiki/United_States_Securities_and_Exchange_Commission" class="mw-redirect" title="United States Securities and Exchange Commission">Securities and Exchange Commission</a> as a "non-diversified, <a href="/wiki/Closed-end_fund" title="Closed-end fund">closed-end management investment company</a>,"<sup id="cite_ref-:1_7-1" class="reference"><a href="#cite_note-:1-7"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-32" class="reference"><a href="#cite_note-32"><span class="cite-bracket">[</span>32<span class="cite-bracket">]</span></a></sup> immediately began trading on <a href="/wiki/NASDAQ" class="mw-redirect" title="NASDAQ">NASDAQ</a> under the ticker symbol <b>AABA</b>.<sup id="cite_ref-33" class="reference"><a href="#cite_note-33"><span class="cite-bracket">[</span>33<span class="cite-bracket">]</span></a></sup> </p><p>In September 2018, Altaba settled three lawsuits relating to Yahoo's data breaches for $47 million.<sup id="cite_ref-34" class="reference"><a href="#cite_note-34"><span class="cite-bracket">[</span>34<span class="cite-bracket">]</span></a></sup> </p><p>On September 17, 2018, Altaba announced the sale of their stake in Yahoo Japan Corporation for $4.3 billion.<sup id="cite_ref-35" class="reference"><a href="#cite_note-35"><span class="cite-bracket">[</span>35<span class="cite-bracket">]</span></a></sup> On the same day, Altaba announced a $5.75 billion share repurchase program.<sup id="cite_ref-36" class="reference"><a href="#cite_note-36"><span class="cite-bracket">[</span>36<span class="cite-bracket">]</span></a></sup> </p><p>On April 3, 2019, Altaba announced in a press release that it would sell its stake in <a href="/wiki/Alibaba_Group" title="Alibaba Group">Alibaba Group</a> and shut down.<sup id="cite_ref-37" class="reference"><a href="#cite_note-37"><span class="cite-bracket">[</span>37<span class="cite-bracket">]</span></a></sup> The company would shut down in the fourth quarter of 2019.<sup id="cite_ref-38" class="reference"><a href="#cite_note-38"><span class="cite-bracket">[</span>38<span class="cite-bracket">]</span></a></sup> </p><p>On October 2, 2019, Altaba stopped trading on the Nasdaq at the close of the day,<sup id="cite_ref-39" class="reference"><a href="#cite_note-39"><span class="cite-bracket">[</span>39<span class="cite-bracket">]</span></a></sup> and pursuant to its Plan of Complete Liquidation and Dissolution, filed a <a href="/wiki/Dissolution_(law)" title="Dissolution (law)">certificate of dissolution</a> in Delaware (<a href="/wiki/Delaware_General_Corporation_Law" title="Delaware General Corporation Law">where Altaba is domiciled</a>), on October 4.<sup id="cite_ref-40" class="reference"><a href="#cite_note-40"><span class="cite-bracket">[</span>40<span class="cite-bracket">]</span></a></sup> A small amount of funds will be withheld for potential Chinese taxes on the sale of its stake in the Alibaba Group.<sup id="cite_ref-41" class="reference"><a href="#cite_note-41"><span class="cite-bracket">[</span>41<span class="cite-bracket">]</span></a></sup> In 2020, the company sold the Excalibur IP patent portfolio to RPX Corporation.<sup id="cite_ref-42" class="reference"><a href="#cite_note-42"><span class="cite-bracket">[</span>42<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Assets">Assets</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Altaba&action=edit&section=4" title="Edit section: Assets"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p><a href="/w/index.php?title=Excalibur_IP&action=edit&redlink=1" class="new" title="Excalibur IP (page does not exist)">Excalibur IP</a>, a <a href="/wiki/Patent_company" class="mw-redirect" title="Patent company">patent company</a> owned by Altaba, controlled a significant minority interest in <a href="/wiki/Alibaba_Group" title="Alibaba Group">Alibaba Group</a> (16.3%) until it sold its stake in 2019,<sup id="cite_ref-43" class="reference"><a href="#cite_note-43"><span class="cite-bracket">[</span>43<span class="cite-bracket">]</span></a></sup> and maintained investments in <a href="/wiki/Hortonworks" title="Hortonworks">Hortonworks</a>, Gomaji, <a href="/wiki/Envestnet" title="Envestnet">Envestnet</a>, <a href="/wiki/Rimage_Corporation" class="mw-redirect" title="Rimage Corporation">Rimage Corporation</a>, <a href="/wiki/SeatGeek" title="SeatGeek">SeatGeek</a>, Protagenic Therapeutics, <a href="/wiki/Eastman_Kodak_Company" class="mw-redirect" title="Eastman Kodak Company">Eastman Kodak Company</a>, and <a href="/wiki/Paperless_Post" title="Paperless Post">Paperless Post</a>.<sup id="cite_ref-44" class="reference"><a href="#cite_note-44"><span class="cite-bracket">[</span>44<span class="cite-bracket">]</span></a></sup> The Fund's external investment advisors included BlackRock Advisors, LLC and Morgan Stanley Smith Barney LLC. </p><p>The company divested itself of all holdings in <a href="/wiki/Snap_Inc." title="Snap Inc.">Snap Inc.</a> (the owner of Snapchat)<sup id="cite_ref-45" class="reference"><a href="#cite_note-45"><span class="cite-bracket">[</span>45<span class="cite-bracket">]</span></a></sup> and <a href="/wiki/Yahoo!_Japan" class="mw-redirect" title="Yahoo! Japan">Yahoo! Japan</a>.<sup id="cite_ref-46" class="reference"><a href="#cite_note-46"><span class="cite-bracket">[</span>46<span class="cite-bracket">]</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Altaba&action=edit&section=5" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap mw-references-columns"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="https://yahoo.brand.edgar-online.com/DisplayFiling.aspx?TabIndex=2&FilingID=13256539&companyid=5922&ppu=%252fdefault.aspx%253fcompanyid%253d5922">Form N-CSR</a>. February 27, 2019</span> </li> <li id="cite_note-TheStreet.com-2"><span class="mw-cite-backlink">^ <a href="#cite_ref-TheStreet.com_2-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-TheStreet.com_2-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.thestreet.com/story/14176587/1/yahoo-completes-sale-of-operating-business-company-to-be-re-named-altaba-and-register-as-investment-company.html">"Yahoo Completes Sale Of Operating Business; Company To Be Re-Named Altaba And Register As Investment Company"</a>. <a href="/wiki/TheStreet.com" class="mw-redirect" title="TheStreet.com">TheStreet.com</a>. June 13, 2017<span class="reference-accessdate">. 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But the Ultimate Payoff Is Uncertain"</a>. <i>Barron's</i><span class="reference-accessdate">. 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Retrieved <span class="nowrap">August 30,</span> 2023</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Excalibur+IP+Licensing+News+Release+%7C+RPX+Corp&rft_id=https%3A%2F%2Fwww.rpxcorp.com%2Fabout%2Fnews%2Frpx-corporation-announces-licensing-transaction-with-excalibur-ip%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAltaba" class="Z3988"></span></span> </li> <li id="cite_note-43"><span class="mw-cite-backlink"><b><a href="#cite_ref-43">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222" /><cite id="CITEREFPaul_R._La_Monica2017" class="citation web cs1">Paul R. La Monica (June 19, 2017). <a rel="nofollow" class="external text" href="https://money.cnn.com/2017/06/19/investing/yahoo-altaba-stock/index.html">"Verizon and all new Oath Inc. Story of Yahoo, AOL and Altaba"</a>. <a href="/wiki/CNN_Money" class="mw-redirect" title="CNN Money">CNN Money</a><span class="reference-accessdate">. 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Archived from <a rel="nofollow" class="external text" href="https://altaba.com/holdings.cfm">the original</a> on July 31, 2017<span class="reference-accessdate">. Retrieved <span class="nowrap">June 28,</span> 2017</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Abook&rft.genre=unknown&rft.btitle=Holdings&rft.pub=Altaba&rft_id=https%3A%2F%2Faltaba.com%2Fholdings.cfm&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAltaba" class="Z3988"></span></span> </li> <li id="cite_note-45"><span class="mw-cite-backlink"><b><a href="#cite_ref-45">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222" /><cite class="citation news cs1"><a rel="nofollow" class="external text" href="http://fortune.com/2017/10/02/snapchat-snap-stock-yahoo/">"The Company Formerly Known as Yahoo Just Gave Up on Snapchat"</a>. <i>Fortune</i><span class="reference-accessdate">. Retrieved <span class="nowrap">February 22,</span> 2018</span>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.jtitle=Fortune&rft.atitle=The+Company+Formerly+Known+as+Yahoo+Just+Gave+Up+on+Snapchat&rft_id=http%3A%2F%2Ffortune.com%2F2017%2F10%2F02%2Fsnapchat-snap-stock-yahoo%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAltaba" class="Z3988"></span></span> </li> <li id="cite_note-46"><span class="mw-cite-backlink"><b><a href="#cite_ref-46">^</a></b></span> <span class="reference-text"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1238218222" /><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.altaba.com/node/41476/html">"SEC Filing | Altaba Inc"</a>. <i>www.altaba.com</i>.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=www.altaba.com&rft.atitle=SEC+Filing+%7C+Altaba+Inc.&rft_id=https%3A%2F%2Fwww.altaba.com%2Fnode%2F41476%2Fhtml&rfr_id=info%3Asid%2Fen.wikipedia.org%3AAltaba" class="Z3988"></span></span> </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="External_links">External links</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Altaba&action=edit&section=6" title="Edit section: External links"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <ul><li><span class="official-website"><span class="url"><a rel="nofollow" class="external text" href="https://www.altaba.com/">Official website</a></span></span> <span class="mw-valign-text-top" typeof="mw:File/Frameless"><a href="https://www.wikidata.org/wiki/Q30321616#P856" title="Edit this at Wikidata"><img alt="Edit this at Wikidata" src="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/10px-OOjs_UI_icon_edit-ltr-progressive.svg.png" decoding="async" width="10" height="10" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/15px-OOjs_UI_icon_edit-ltr-progressive.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/8/8a/OOjs_UI_icon_edit-ltr-progressive.svg/20px-OOjs_UI_icon_edit-ltr-progressive.svg.png 2x" data-file-width="20" data-file-height="20" /></a></span></li> <li class="mw-empty-elt"></li> <li><style data-mw-deduplicate="TemplateStyles:r1129693374">.mw-parser-output .hlist dl,.mw-parser-output .hlist ol,.mw-parser-output .hlist ul{margin:0;padding:0}.mw-parser-output .hlist dd,.mw-parser-output .hlist dt,.mw-parser-output .hlist li{margin:0;display:inline}.mw-parser-output .hlist.inline,.mw-parser-output .hlist.inline dl,.mw-parser-output .hlist.inline ol,.mw-parser-output .hlist.inline ul,.mw-parser-output .hlist dl dl,.mw-parser-output .hlist dl ol,.mw-parser-output .hlist dl ul,.mw-parser-output .hlist ol dl,.mw-parser-output .hlist ol ol,.mw-parser-output .hlist ol ul,.mw-parser-output .hlist ul dl,.mw-parser-output .hlist ul ol,.mw-parser-output .hlist ul ul{display:inline}.mw-parser-output .hlist .mw-empty-li{display:none}.mw-parser-output .hlist dt::after{content:": "}.mw-parser-output .hlist dd::after,.mw-parser-output .hlist li::after{content:" · ";font-weight:bold}.mw-parser-output .hlist dd:last-child::after,.mw-parser-output .hlist dt:last-child::after,.mw-parser-output .hlist li:last-child::after{content:none}.mw-parser-output .hlist dd dd:first-child::before,.mw-parser-output .hlist dd dt:first-child::before,.mw-parser-output .hlist dd li:first-child::before,.mw-parser-output .hlist dt dd:first-child::before,.mw-parser-output .hlist dt dt:first-child::before,.mw-parser-output .hlist dt li:first-child::before,.mw-parser-output .hlist li dd:first-child::before,.mw-parser-output .hlist li dt:first-child::before,.mw-parser-output .hlist li li:first-child::before{content:" (";font-weight:normal}.mw-parser-output .hlist dd dd:last-child::after,.mw-parser-output .hlist dd dt:last-child::after,.mw-parser-output .hlist dd li:last-child::after,.mw-parser-output .hlist dt dd:last-child::after,.mw-parser-output .hlist dt dt:last-child::after,.mw-parser-output .hlist dt li:last-child::after,.mw-parser-output .hlist li dd:last-child::after,.mw-parser-output .hlist li dt:last-child::after,.mw-parser-output .hlist li li:last-child::after{content:")";font-weight:normal}.mw-parser-output .hlist ol{counter-reset:listitem}.mw-parser-output .hlist ol>li{counter-increment:listitem}.mw-parser-output .hlist ol>li::before{content:" "counter(listitem)"\a0 "}.mw-parser-output .hlist dd ol>li:first-child::before,.mw-parser-output .hlist dt ol>li:first-child::before,.mw-parser-output .hlist li ol>li:first-child::before{content:" ("counter(listitem)"\a0 "}</style><div class="hlist"><ul><li>Historical business data for Altaba:</li> <li><a rel="nofollow" class="external text" href="https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1011006">SEC filings</a></li></ul></div></li></ul> <div class="navbox-styles"><link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1129693374" /><style data-mw-deduplicate="TemplateStyles:r1236075235">.mw-parser-output .navbox{box-sizing:border-box;border:1px solid #a2a9b1;width:100%;clear:both;font-size:88%;text-align:center;padding:1px;margin:1em auto 0}.mw-parser-output .navbox .navbox{margin-top:0}.mw-parser-output .navbox+.navbox,.mw-parser-output .navbox+.navbox-styles+.navbox{margin-top:-1px}.mw-parser-output .navbox-inner,.mw-parser-output .navbox-subgroup{width:100%}.mw-parser-output .navbox-group,.mw-parser-output .navbox-title,.mw-parser-output .navbox-abovebelow{padding:0.25em 1em;line-height:1.5em;text-align:center}.mw-parser-output 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