News for hackers. Stuff that matters.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by StratusBen on Monday May 03, 2021 @10:46AM (#27025721)
I'm really surprised that Yahoo Finance has not been spun out as an independent company at this point. I think as a stand-alone company it could easily be worth in the billions of dollars.

Reportedly Yahoo Finance has revenue between $100M and $250M annually. With the increase in retail interest in investing it seems like a property that could have some growth potential behind it if they did things right and separate from Verizon.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by enos_feedler on Monday May 03, 2021 @10:54AM (#27025809)
I'm surprised Twitter hasn't been interested in Yahoo Finance and Yahoo sports apps. The onboarding into Twitter, integration with tweets would be worth billions. A lot of "regular people" use those apps, and Twitter investors are looking for the user growth. Also, if Twitter is going to become a platform for interests/topics, it would be good to have a couple of standalone apps on some core topics.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by dcolkitt on Monday May 03, 2021 @12:20PM (#27026986)
My off the wall suggestion would be for Coinbase to acquire them. They certainly have enough firepower to do a stock acquisition.

The Yahoo Finance portal would run as a subsidized loss leader to on-ramp new customers into crypto investing. Setting up the portal to put crypto assets on the same footing as traditional assets would do a lot to appeal to older or more conservative investors who view crypto as "magic Internet money".

Plus a lot of people are interested but have no idea how to acquire crypto assets. People are used to being able to see all their assets on their favorite brokerage's platform. Yahoo could set it up so that if someone looks up a chart for DOGE-USD, that they have a one-click opportunity to buy it off Coinbase's exchange.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by throwaway3699 on Monday May 03, 2021 @01:26PM (#27027972)
Just FYI, 'conservative investors' do understand crypto, they just think it's a bad investment.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by mumblemumble on Monday May 03, 2021 @06:23PM (#27031601)
I doubt that you can make that as a blanket statement, either. There are probably plenty of conservative investors who do include some cryptos as part of a well-balanced asset allocation. It is, after all, starting to make plenty of inroads into the mainstream financial industry.

What you don't see much of is conservative investors who are super hot on crypto. Not necessarily because of anything about crypto, per se, so much as because part of being a conservative investor is that you don't really get super hot on anything.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by jjeaff on Monday May 03, 2021 @10:07PM (#27033323)
Yes, one must also include some powerball tickets and horse racing bets for a truly well balanced portfolio.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by fuzquat on Monday May 03, 2021 @10:26PM (#27033432)
Also: beanie babies.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by ErikVandeWater on Monday May 03, 2021 @05:47PM (#27031164)
I would say 95% of investors don't understand crypto, whether they have high or low risk tolerance. But high risk tolerance investors are more likely to invest in something that has momentum without understanding the fundamentals. Betting with the momentum is often a good strategy.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by totalZero on Monday May 03, 2021 @06:04PM (#27031387)
Change that to "95% of crypto investors don't understand crypto" and you've got it.

Betting with the momentum works unless (A) you're a latecomer to a ponzi scheme, or (B) there's a reversion that catalyzes longstanding doubt about an asset that has enjoyed a bull run. Both of these cases may well be applicable to a large portion of the overall crypto marketplace.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by WalterBright on Monday May 03, 2021 @09:50PM (#27033227)
More simply: "Betting with the momentum works until it tanks."
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by jjeaff on Monday May 03, 2021 @10:08PM (#27033334)
Or (C) you don't have a crystal ball that tells you when to get out before the inevitable collapse.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by TaupeRanger on Monday May 03, 2021 @06:38PM (#27031770)
Tell that to investors in Fitbit or Palantir (for example) before they sold off after having good "momentum". Crypto investors don't even understand crypto, but that doesn't mean anything, because you can be left holding a long term bag whether you understand the underlying asset or not.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by andrewprock on Monday May 03, 2021 @10:45PM (#27033534)
If you actually understand a "momentum" asset, you will definitely not be left holding the bag.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by TaupeRanger on Tuesday May 04, 2021 @06:46AM (#27036074)
If you actually understand "investing" you will understand that you can't beat the indexes and are doomed to failure by trying to use "momentum" to do anything other than lose money.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by 55555 on Tuesday May 04, 2021 @12:50AM (#27034179)
Please elaborate?
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by nly on Tuesday May 04, 2021 @04:40AM (#27035313)
"Momentum" is bullshit reasoning to buy anything as volatile as crypto. The only reason investors struggle with crypto is because it has no "fundamentals" to analyze.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by 1vuio0pswjnm7 on Monday May 03, 2021 @07:27PM (#27032219)
Is Munger a "conservative investor". Here is what he said recently.

https://finance.yahoo.com/video/charlie-munger-crypto-whole-...

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by williamtwild on Tuesday May 04, 2021 @06:05AM (#27035755)
A good number of them think the covid vacciene has micro chip tracking and you want me to beleive they understand crypto?
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by mssundaram on Monday May 03, 2021 @02:32PM (#27028914)
Certainly not all of them. Edit - do you not consider Warren Buffet a conservative investor?
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by ineedasername on Monday May 03, 2021 @05:10PM (#27030687)
It doesn't seem like he's invested in any crypto directly. He has investments in some fintech, but as far as I can tell those aren't in any companies where crypto is the main component of their business plan. It's also important to distinguish between his opinions on the potential of distribute ledger technology vs. crypto currencies themselves. You can have the first without the second.

There are also levels of conservatism: Buffet still takes risks. In any given year, there's a possibility that he loses money, even if he's amazing in the long term. This is very far from the extreme end of conservative investing where, for example, someone 2-3 years away from retirement shifts all of their investments into a low-yield guaranteed return investment to ensure that a temporary downturn in the economy doesn't wreck their ability to retire.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by IncRnd on Monday May 03, 2021 @05:26PM (#27030898)
Do you think Warren Buffett doesn't understand crypto from the standpoint of finance?
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by px43 on Monday May 03, 2021 @06:49PM (#27031900)
Warren Buffett has, on several occasions, stated that he does not understand cryptocurrencies.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by mssundaram on Monday May 03, 2021 @06:26PM (#27031630)
I think he does and I think he's found a way to make money in crypto, even though he previously stated he thinks it will end badly
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by nappy-doo on Monday May 03, 2021 @02:47PM (#27029087)
Or your definition of conservative is different from OP's.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by ketamine__ on Monday May 03, 2021 @03:59PM (#27029932)
Most people claiming they understand (risk, tradeoffs, market, actual adoption) cryptocurrencies are lying to themselves. It's easier to buy $KWEB than read an article written by Vitalik Buterin.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by px43 on Monday May 03, 2021 @06:48PM (#27031889)
> Just FYI, 'conservative investors' do understand crypto, they just think it's a bad investment.

That statement is demonstrably false. There are two reasons to not be invested in cryptocurrencies at this point in history. You are either ignorant of the technology (which is fine, lots of more important knowledge out there), or it doesn't fit your current risk profile.

There is not a knowledgeable person on the planet who would say that any investment in any cryptocurrency is bad for all investors.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by fork1 on Monday May 03, 2021 @09:49PM (#27033219)
Or you simply don't believe in it. Which is a perfectly valid reason. Not everyone is just either ignorant or risk averse for crypto.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by 1270018080 on Monday May 03, 2021 @03:31PM (#27029646)
As an liberal investor, all crypto is a pump and dump scheme pushing magic internet money. But we've all seen this debate before.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by naikrovek on Monday May 03, 2021 @05:53PM (#27031245)
if anyone pushes you on blockchain-anything or cryptocurrency, deliver unto them a kick to the groin, or a punch to the face, then run away. for you have been targeted by thieves.

edit: later I am proud to have been downvoted by blockchain bozos.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by px43 on Monday May 03, 2021 @06:51PM (#27031927)
1. What's so bad about magic internet money?

2. What sectors are you invested in that are somehow immune to hype cycles?

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by shrimpx on Monday May 03, 2021 @10:45PM (#27033533)
It’s not that it’s hyped, it’s the large scale and empty essence of the hype. The essence is “it’ll go to 500k”. It’s an echo chamber of get rich for nothing excitement.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by ecommerceguy on Monday May 03, 2021 @01:52PM (#27028327)
I use fin.yahoo quite a bit and if this were to occur I would quit using it full stop.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by spullara on Monday May 03, 2021 @03:36PM (#27029696)
Yahoo Finance already tracks the cryptocurrencies. Has for ages. You can also integrate in exchanges to buy stocks, wouldn't be hard to add crypto to that. BTW, you can't buy DOGE-USD on Coinbase. Here it is in my wife's portfolio:

https://i.imgur.com/MZlE51m.png

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by jensvdh on Monday May 03, 2021 @06:22PM (#27031591)
"Portfolio", holding DOGE is about the same as holding lottery tickets.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by spullara on Tuesday May 04, 2021 @06:34PM (#27043710)
Hey she wanted some for valentines day. It is up 8x right now, but yeah, it is a meme lottery ticket for sure.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by enos_feedler on Monday May 03, 2021 @03:31PM (#27029643)
I am not sure Yahoo finance is the right place for this kind of integration. If they were to integrate buy/sell and portfolio it would be more of a plaid style where you can connect your existing broker. You would lose a bunch of users who don't want to switch to coinbase. This is why i was thinking a media company would make sense for the media asset. It should be something more neutral.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by joering2 on Monday May 03, 2021 @07:06PM (#27032052)
> DOGE-USD, that they have a one-click opportunity to buy it off Coinbase's exchange.

nitpick: you cannot buy Doge off Coinbase even with 10,000 clicks.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by cycrutchfield on Monday May 03, 2021 @01:43PM (#27028205)
>”magic Internet money”

>DOGE

Not really helping your case here

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by StratusBen on Monday May 03, 2021 @12:25PM (#27027035)
I love this idea. Thanks for sharing!
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by slg on Monday May 03, 2021 @01:20PM (#27027895)
>Yahoo sports apps

I believe the Yahoo's suite of fantasy sports apps is second only to DraftKings in terms of market size and DraftKings' market cap is $22b. No reason that couldn't be spun off as its own company and be worth a $5b itself with the right leadership.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by spullara on Monday May 03, 2021 @03:38PM (#27029721)
I looked this up. The top 2 are DraftKings and FanDuel. They have 90% marketshare. Yahoo is tied for 3rd.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by slg on Monday May 03, 2021 @06:06PM (#27031409)
I am guessing you are looking at daily fantasy sports and not fantasy sports in general. DraftKings and Fanduel do not have a 90% market share on the entire fantasy sports industry. I believe Yahoo still has the largest market share when it comes to traditional fantasy sports and has done a poor job translating that into success in DFS in which they are fighting for 3rd place. That is why I threw in the caveat "with the right leadership".
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by spullara on Tuesday May 04, 2021 @06:33PM (#27043706)
You're thinking share of users I think rather than share of revenue. But happy to be proven wrong with some other numbers.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by StLCylone on Monday May 03, 2021 @05:54PM (#27031249)
Source? Just want to read about it myself.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by spullara on Tuesday May 04, 2021 @06:38PM (#27043744)
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by johannes1234321 on Monday May 03, 2021 @11:01AM (#27025917)
However when doing that Twitter won't be "neutral" regarding news sources. That might reduce interest of other media to use them ...
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by 0xy on Monday May 03, 2021 @12:03PM (#27026768)
Twitter already isn't neutral, considering the "trending" feed is editorialized and certain trends are suppressed and others boosted.

Twitter is a publisher. They have their fingers on the scale in both directions in multiple places.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by menzoic on Monday May 03, 2021 @12:15PM (#27026933)
I thought trending feed was based on metrics
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by csunbird on Monday May 03, 2021 @12:32PM (#27027134)
Probably, yes. Also, it is very likely that any posts/trends that are not "desirable" are prevented manually from entering the trending feed as well.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by HappySweeney on Tuesday May 04, 2021 @04:35PM (#27042562)
"Cocaine" trends every Saturday early morning, leading me to believe nobody has their thumbs on that particular scale.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by csunbird on Wednesday May 05, 2021 @05:01AM (#27047702)
I think Twitter is OK with drugs and adult content being trendy, but not OK with politically incorrect ones. There has to be a manual approval process, but effectively invisible, because in my opinion, an automated and non-supervised system for trending is a recipe for the disaster.
[dead]
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by dang on Wednesday May 05, 2021 @12:41AM (#27046253)
Please don't break the site guidelines like this. If you have evidence of abuse, you should let us know at [email protected] so we can investigate. If you have no specific evidence, then posts like this are not allowed. See https://news.ycombinator.com/newsguidelines.html.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by the_local_host on Monday May 03, 2021 @11:03AM (#27025963)
Yahoo Finance is so good that when I'm trying to find information about a company, I'll type the company's name into Google, do a bit of reading, then... go over to Yahoo Finance and manually type it in again to look at their stock performance.

It says something that someone as lazy as myself will actually hop out of Google's flow and perform a manual step to go Yahoo Finance.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by amoorthy on Monday May 03, 2021 @01:02PM (#27027614)
Sigh. Remember when Google Finance was great with easily the best charting software and easy lookup of key stats for a company? Then they decided a couple years ago to destroy it for no reason. I wish I knew why they made this horrible decision.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by ConceptJunkie on Monday May 03, 2021 @01:19PM (#27027867)
Google seems to get tired of its own products very easily, and just kills them, even if they are popular.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by mohanmcgeek on Monday May 03, 2021 @01:34PM (#27028078)
Or makes them worse by "developing" them

Eg: Google Chrome on Android

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by ajmurmann on Monday May 03, 2021 @04:14PM (#27030077)
I really wish there was incentive to have products be "done". It seems that so many products get to a great state and then get made worse over time because we need continuous growth (Evernote immediately comes to mind. Others seem to feel similar about 1Password) or in the case of Google, get shut down.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by tasssko on Monday May 03, 2021 @05:50PM (#27031209)
Yes indeed. I get Evernote but not 1Password. The issue with Evernote for me was it kept getting slower and they lost me when they changed pricing, I felt they had lost their way and it was really easy to change note apps. I prefer simpler note apps today, even Google docs or Word. 1Password is good, the windows app could be better and browser integration is a pain but it’s solid.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by KirillPanov on Tuesday May 04, 2021 @06:30AM (#27035948)
> I really wish there was incentive to have products be "done".

Easy, just use version numbers which asymptotically approach an irrational number, like Knuth's TeX (currently at version 3.14159...ish)

But seriously, the incentive to be "done" is when a lot of other software relies on your API or file format. This is why mozillans throw such a tantrum whenever anybody tries to use their rendering engine as part of some other piece of software. Getting to "done" isn't fun.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by AareyBaba on Monday May 03, 2021 @05:46PM (#27031149)
I think the first charting software was written by one talented javascript guy. I think he moved on and the next person did not want to touch the code. Which is the story of many Google services.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by stefan_ on Monday May 03, 2021 @07:52PM (#27032409)
That's funny because the Google Finance charting software was famously Flash.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by coderintherye on Monday May 03, 2021 @01:23PM (#27027936)
Yes, it really was quite perplexing. I imagine the "reason" was to make it more mobile-friendly or mobile-first or perhaps just to standardize their properties more. However, as you noted, it really degraded the product. I went from a daily user to an almost never user.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by UnpossibleJim on Monday May 03, 2021 @02:48PM (#27029103)
"mobile-friendly or mobile-first" seems to be a trend in quite a few companies, in the last few years. The main problem is, the completely ignore the desktop design, viewing it as an either-or proposition, for some, unknowable reason. While it's understandable that much traffic is mobile, during office hours, especially during work from home (which will probably - at least partially - be a continued trend moving forward), quite a bit of traffic will be from a desktop/laptop. Simply ignoring this market share seems to be a fools errand.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by tomc1985 on Monday May 03, 2021 @05:24PM (#27030868)
Ah but its not tech unless you're ignoring all but the most dominant market force
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by sfifs on Monday May 03, 2021 @02:36PM (#27028961)
It probably wasn't a path to internal promotions any more :-)
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by Ashanmaril on Monday May 03, 2021 @03:24PM (#27029570)
Give it a year or 2, it'll be rebooted with a messaging feature
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by throwaway894345 on Monday May 03, 2021 @03:56PM (#27029915)
Nah,they’ll try to make it tiktok for stocks.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by jldugger on Monday May 03, 2021 @04:55PM (#27030523)
I mean, Yahoo finance has one and nobody gives them any shit about their abysmal policing.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by jonas21 on Monday May 03, 2021 @02:11PM (#27028644)
I thought the reason was that it was written in Flash, and then browsers decided to stop supporting Flash.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by johnvanommen on Monday May 03, 2021 @03:33PM (#27029659)
Easily the best stock charting software. And they nuked it because _______?
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by kelnos on Monday May 03, 2021 @02:39PM (#27028989)
One thing I do remember about Google Finance was that it required Flash for the longest time. That made me never use it.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by spullara on Monday May 03, 2021 @03:39PM (#27029736)
Yahoo Finance is and always has been the best finance site. Mostly because they license all the additional data you really need to investigate a company and Google was never into that sort of thing.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by schnevets on Monday May 03, 2021 @11:23AM (#27026275)
I wonder if it would be a conflict of interest for a brokerage that focuses on retail investors like TD Ameritrade to buy the platform. Robinhood and the other upstarts are eating their lunch with UI improvements, but anyone who can type in a stock ticker has figured out Yahoo Finance over the last decade.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by kreeben on Monday May 03, 2021 @01:03PM (#27027643)
Isn't "Think Or Swim" already TD Ameritrade's Yahoo Finance killer? I'm not sure where there is a conflict of interest for a stock broker to supply analytics to their clients.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by spenczar5 on Monday May 03, 2021 @12:12PM (#27026903)
Conflict of interest in what sense?
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by dmt0 on Monday May 03, 2021 @01:17PM (#27027842)
You go there to look at charts? That's what Trading View is for.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by the_local_host on Monday May 03, 2021 @01:46PM (#27028230)
What's "Trading View"?
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by jniedrauer on Monday May 03, 2021 @02:58PM (#27029241)
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by basch on Monday May 03, 2021 @02:04PM (#27028529)
I actually think their real opportunity is reviving Yahoo Messenger / AIM over the top of web sites. Similar to facebook chat functioning at the bottom/side of the screen while browsing facebook, if you are on Yahoo Finance, Fantasy, or any of the news sites, having chat overlayed. Opening Yahoo News to get to chat. It creates this cyclical feedback loop of opening news to get to chat, and opening chat to get to news.

Obviously with desktop no longer being the dominant market, this might not work everywhere, but Yahoo Finance + Yahoo Messenger was at one point the intercom of Wall Street.

And if there was ANYTHING worth reviving from this entire blob, it would be Yahoo Pipes!

I'm also shocked Microsoft wouldnt want a hand in cleaning this up. Migrate Yahoo Mail and AOL Mail into exchange like they did Hotmail. Another stab at the Adtech market, of which they are already partners with this beast. Buy this company and sell the news/dialup divisions. Relaunch AIM and Yahoo Messenger as Skype clients with Yellow / Purple skins, and cross communication. It's not uncommon to sell identical products under different brand badges.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by oblio on Monday May 03, 2021 @02:40PM (#27028998)
> I actually think their real opportunity is reviving Yahoo Messenger / AIM over the top of web sites.

YM! at least has been killed. They've migrated the service and one day I received a notification that all my contacts and the message archive would be deleted.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by basch on Monday May 03, 2021 @02:59PM (#27029250)
AIM was killed as well.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by jijji on Monday May 03, 2021 @09:08PM (#27032956)
Verizon killed commenting on the news section last year, so I doubt they would be interested in revising the instant messaging functionality of YIM... Maybe the new owners might take this route, it remains to be seen.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by zaidf on Monday May 03, 2021 @03:33PM (#27029671)
I'm really surprised that Yahoo Finance has not been spun out as an independent company

I'm sure Apollo Management can't wait to do this.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by dgfitz on Monday May 03, 2021 @10:54AM (#27025808)
That and their fanatsy sports platform as well. I don't know the numbers at all, but its the de-facto platform for a large portion of fantasy sports. If they made moves into the DFS space I think they would do even better.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by exogeny on Monday May 03, 2021 @01:05PM (#27027672)
They did. Yahoo!’s DFS product is a dismal failure.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by nate-t on Monday May 03, 2021 @09:14PM (#27032996)
Hey Ben, just curious where you found the $100M-$250M annual revenue number? It sounds about right to me (looking at traffic numbers and estimated CPMs / conversion to Yahoo Premium), but I've dug for a concrete figure in Verizon's annual reports and never surfaced anything.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by StratusBen on Monday May 03, 2021 @09:37PM (#27033154)
It's intermittently posted around the web from time-to-time. There's an anonymous answer from a Yahoo employee on Quora here from 2015 that says $150M: https://www.quora.com/How-much-money-does-Yahoo-Finance-make

It isn't formally broken our in any filings though as far as I know.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by NationalPark on Monday May 03, 2021 @01:33PM (#27028064)
Is that revenue from ad impressions? They did $1.3bn in their last public quarter, and in that earnings report they lump it in with homepage and sports in the one place it's mentioned, so I don't think it's particularly important (to them).

Also, what does it do that retail brokers don't offer better and for free now? News aggregation?

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by Someone1234 on Monday May 03, 2021 @03:29PM (#27029614)
> Also, what does it do that retail brokers don't offer better and for free now? News aggregation?

A lot of it is about presentation.

Brokers may "have" the same info as Yahoo Finance or finviz, but if you have to dig through ten pages to get to it and or their charts look like a 1990s website, there's still room.

A lot of more serious investors find themselves paying out of pocket for trading tools like stockcharts/tradingview/finviz/Y!F Plus, because these tools help them be more productive because actual thought and care has gone into the products.

But this is the reason why Bloomberg Terminals are worth $20K/year/seat. On paper, you can find a lot of the same info online for free, but the interface itself is a huge value-add.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by twobitshifter on Monday May 03, 2021 @05:06PM (#27030652)
Yahoo Finance Premium is a low rent version of Bloomberg Terminal. For $35/month you can get close to Bloomberg level data. Bloomberg Terminal costs $1,900 per month.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by mmaunder on Monday May 03, 2021 @04:30PM (#27030249)
Totally agree. Thought this for years. Consider that YCharts licensing fees are around $4K per year per customer for their paid products - that could have been an amazing business for that division.

But boardrooms aren't known for their innovation. You'll score more points in that environment pointing out potential risks. Suggesting a risky, innovative approach is not a great strategy if all you care about is tenure on a board.

Most innovation happens in hungrier environments.

Re:Verizon Sells AOL and Yahoo to Apollo for $5B by u678u on Monday May 03, 2021 @05:17PM (#27030782)
There that horrible feeling when sometimes you search for a stock on Yahoo finance and it sends you out into the regular Yahoo search. WTF.
Re:Verizon Sells AOL and Yahoo to Apollo for $5B by berkes on Monday May 03, 2021 @03:22PM (#27029536)
That market is quite busy, though.

I recently dropped the premium fin.yahoo for a paid simplywall.st account. During my research I found many alternatives. Even my broker has all the data that fin.yahoo offers.