Within a dysfunctional capitalism evidently this Verizon Corp purchase of Yahoo! appears as something similar to corporate Reader’s Digest’s buying Earl Kaplan’s “Reading is Fun” business for 267 million or so $, letting bean-counters and outside managers come in and destroy what was an ongoing business. Then, Earl buying the name back for a paltry few million after a couple of years or so. A stunning devaluation. (..that was a told as a journalism in the group archive of FFL.)
After Verizon corp bought Yahoo! last year, the whole service has sequentially degraded terribly to this.
