F5.5G Leap-forward Development of Broadband in Africa The Africa Broadband Forum 2024 (BBAF 2024) was successfully held in Cape Town, South Africa recently, under…
Google’s been looking buy Yahoo’s ad tech for a while now
Google is looking to get its hands on Yahoo’s ad technology. In fact, it’s been looking for some time now, having made its first offer three months ago.
An inside source speaking to Business Insider said that offer, made while Scott Thompson was CEO, didn’t make it past corporate development.
According to Business Insider, the likes of Accenture and IBM have already looked into buying the embattled internet giant’s ad technologies.
This is one of those “inside source” stories that sort of makes sense. If Yahoo sells this aspect of its business off, it would effectively mean outsourcing whatever remains of its ad business to Google.
Another Business Insider Source reckons this would allow Yahoo to cut some 2 000 jobs and increase its earning before tax and interest 50%.
That might not sound so great, but cutting 2 000 jobs now and generating a little extra income could save a lot more jobs in the near future.