Verizon's bid for Yahoo on the rocks ahead of latest revenue results
by Sam Thielman in New York from Technology | The Guardian on (#1YF76)
With a hack of half a billion users and a government spying program uncovered at Yahoo in the last four weeks, Verizon may be looking for an out
Analysts are predicting more bad news for Yahoo on Tuesday as the company releases its latest results amid a now floundering takeover bid.
The research firm eMarketer is expecting a double-digit decline in ad revenue. The drop comes as Verizon is attempting to renegotiate its $4.8bn bid for the company.
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