Alibaba Group

Yahoo-Verizon deal closes. It's the fall of a giant, end of an era

Yahoo-Verizon deal closes. It's the fall of a giant, end of an era

So long, Yahoo.

Of late it has been a laughingstock, but the company is also remembered fondly for its pioneering contributions to the technology industry and Silicon Valley.

Yahoo Inc.’s tumultuous $4.5-billion sale to Verizon Communications Inc. closed Tuesday, and now the company has disappeared, subsumed into a telecommunications giant.

“Yahoo’s imprint and impact on the valley will long outlive its own history,” said Carl Guardino, chief executive of the Silicon Valley Leadership Group. “For so many years, [its] creative culture and the individual...

70°