Yahoo Came up with its New Name: Altaba

A yahoo is a powerful platform. After it came to existence it has continued to serve as a best platform for mailing needs. Yahoo was already a self made & popular identity for all its millions of users worldwide but with mergers it has always to deliver best possible services with its extra friendly environment. For yahoo its users are always important to serve them with best facilities and features it accepts changes and work for innovation in its platform. With yahoo help is also possible and to obtain easy help you can make a call to Yahoo support number.

altabaYahoo and its services have always been a popular source for communication and mail transfer but recently yahoo has ahead to join hands with very famous Verizon. Verizon which is already a very famous name in internet world has agree to acquire Yahoo’s core internet business. By pursuing this from yahoo Verizon and yahoo are looking forward to deliver highest possible efficiency with its services. This purchasing has been planned at $4.8 billion. Hopefully this will be done in July after which Verizon will be delivering the core internet services of yahoo. The new name to this will be Altaba.

The core internet services of yahoo purchased by yahoo includes its famous services like it popular mail services, sports verticals and various other apps. The rest of the technology enabled yahoo ownership will be looked after by very famous Chinese internet giant Alibaba. It is said by top leaders of yahoo that once the deal will be done and implementation will be passed all the services will be known with the name as Altaba.

The meaning of name is although not known completely but it is said that it is the combination of Alternative and Alibaba that will deliver alternative services of yahoo from now. As per recent news yahoo is currently the owner of about 15% share of alibaba that is worth around $ 35 billion. With this now the name will be tracked as alternative of Alibaba and this is because of the fact that yahoo owns small chunk of Chinese company.

With this there has been a shift in various top post of yahoo as well. With this soon many services of yahoo will be acquired by other leading companies and we hope that it will continue to serve as a leading platform for useful services. For knowing more about this, stay in touch with Yahoo contact number.