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Yahoo CEO says company is going public again: report

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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.

 

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