Yahoo CEO says company is going public again: report

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Yahoo is planning a second initial public offering on Wall Street after delisting from public markets and Nasdaq more than five years ago, according to CEO Jim Lanzone.

, or roughly 20% of its staff, by the end of 2023 as the company restructures its advertising technology unit.

Meanwhile, Lanzone reportedly told the Financial Times Yahoo will aggressively search for growth opportunities throughLanzone also admitted Yahoo was still "too small" to take on Google and Microsoft’s search engine Bing, but he is optimistic and sees AI offering new opportunities for the company.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Yahoo CEO says company will seek a public listing again: reportYahoo's chief executive Jim Lanzone told the Financial Times that the Internet group is 'very profitable' and ready to return as a public company.
Source: MarketWatch - 🏆 3. / 97 Read more »

Yahoo CEO says the company plans a return to the public marketsYahoo's chief executive Jim Lanzone told the Financial Times that the Internet group is 'very profitable' and ready to return as a public company.
Source: MarketWatch - 🏆 3. / 97 Read more »

Global stocks rise after Wall Street reaches 15-month high ahead of holidayWall Street's benchmark S&P 500 index rose 0.1% on Monday ahead an update on U.S. employment, a factor watched by the Federal Reserve in deciding on possible...
Source: MarketWatch - 🏆 3. / 97 Read more »

Wall Street recession: stock market crash predictions are wrongInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »