Yahoo News is bigger than you’d think — and it’s getting a big dose of AI.
    • TubeTalkerX@kbin.social
      44·
      9 months ago

      Yup. Everytime I need to test an internet connection I go to Yahoo cause I know the User wasn’t there so no cache version.

    • thejml@lemm.eeEnglish
      11·
      9 months ago

      Yes. When their stock price dropped far enough, Verizon bought them.

    • kirklennon@kbin.social
      9·
      9 months ago

      Yahoo Inc. owns TechCrunch, Autoblog, and Engadget, plus some other stuff, along with their own Yahoo-branded stuff (excluding Yahoo Japan, which is a totally separate company). It’s a ton of eyeballs, and they sell the ads on their sites.

  • clearedtoland@lemmy.worldEnglish
    7·
    9 months ago

    Question (somewhat sarcastically): how has Yahoo! remained relevant and where does it even get its money from?

    • woelkchen@lemmy.worldEnglish
      1·
      9 months ago

      My mom likes the Yahoo Weather app on her iPad and that displays subtle ads.

      Also Yahoo owns web sites like Engadget which run Yahoo’s ads services.

  • AutoTL;DR@lemmings.worldBEnglish
    2·
    9 months ago

    This is the best summary I could come up with:

    The two sides declined to share the cost of the acquisition, but both made clear Yahoo is acquiring Artifact’s tech rather than its team.

    Mike Krieger and Kevin Systrom, Artifact’s co-founders, will be “special advisors” for Yahoo but won’t be joining the company.

    “We have built something that a core group of users love,” the co-founders wrote in January, “but we have concluded that the market opportunity isn’t big enough to warrant continued investment in this way.” They said that the biggest reason to shut down was in order to focus on “newer, bigger and better things that have the ability to reach many millions of people.” The bet behind Artifact was always that AI had the potential to be a huge, internet-changing technology; maybe there were just more interesting things to work on than a news app without a big news audience.

    “A lot of organizations care deeply about news and personalized content,” he says, “and I think they’re looking around and saying ‘Wow, there’s this new wave of AI… maybe we should figure out what’s going on.’ Maybe that’s what I discounted originally.”

    The company first began exploring an Artifact acquisition after reading that shutdown letter, says Kat Downs Mulder, the general manager for Yahoo News.

    Downs Mulder says more than 180 million people come to Yahoo News every month, which puts Artifact’s personalization and recommendation tech in front of a vastly larger set of users than it likely ever would have gotten on its own.

    The original article contains 832 words, the summary contains 247 words. Saved 70%. I’m a bot and I’m open source!

  • Akasazh@feddit.nlEnglish
    2·
    9 months ago

    After only reading half of the title I’m very hopeful about yahoos venture into the digital collectible card game market, I’m sure this will be a great success!

  • Optional@lemmy.worldEnglish
    1·
    9 months ago

    Hey is that lady still there at - Ah, no she left in 2017 after selling yahoo to verizon for almost 5 billion.

    Crazypants.