Verizon buys Yahoo for $4.83 billion; Marissa Mayer says she'll stay

 LOS ANGELS TIMES REPORTED ........Verizon is buying Yahoo for $4.83 billion, marking the end of an era for a company that once defined the Internet.
The sale announced Monday marks the second time in two years that Verizon has snapped up the remains of a fallen Internet star as it broadens its digital reach. The nation's largest wireless carrier paid $4.4 billion for AOL last year.
Verizon won the Yahoo bidding after a five-month auction.
Yahoo Inc. is parting with its email service and websites devoted to news, finance and sports in addition to its advertising tools under pressure from shareholders fed up with a steep downturn in the company's revenue during the last eight years.
The deal is expected to close in 2017's first quarter.
It had been expected to end the four-year tenure of Yahoo Chief Executive Marissa Mayer, but she said early Monday that she expects to stay with the company.
"I love Yahoo, and I believe in all of you," Mayer said in a statement. "It’s important to me to see Yahoo into its next chapter."
Verizon was considered the front-runner to buy Yahoo.
The mobile and broadband company has the means to make an acquisition this large, and analysts have said Yahoo would complement Verizon as it continues to bolster its media efforts.
Yahoo properties such as Yahoo Finance and its online lifestyle magazines could be a valuable addition to the telecom company's portfolio, expanding its audience and reach and opening additional revenue opportunities as its pool of new potential mobile and broadband customers dwindles.
Like AOL, Yahoo boasts a sizable and sophisticated digital advertising business, which Verizon could use to develop new revenue streams.

Mugabe sleeping, urinating and falling...will he be regarded as one of Africa's finest presidents ?

Amb. (Dr) CS Amina Mohammed Elected President of the United Nations Conference on Trade and Development (UNCTAD).

#‎UNCTAD14‬ Congratulations to Amb. (Dr) CS Amina Mohammed for her election as the President of the United Nations Conference on Trade and Development (UNCTAD). ‪#‎TransformingDiplomacy‬

DARE TO COMPARE , DISHEARTENING TO SEE THEM AGING.

DARE TO COMPARE ; IS LEADERSHIP PURPORTING TO FIGHT RAILA WHO IS WAY FAR IN ANOTHER LEAGUE ?

DISHEARTENING TO SEE THEM AGING AS THOSE AFTER THEM HAVE ABANDONED THE FIGHT AGAINST IMPUNITY , GONE TO BED WITH PERPETRATORS AND RESORTED IN CUTTING DEALS !

The latter-day self-proclaimed leaders have abandoned the Fight against Impunity in this country; they have rather defined leadership as a platform for cutting blindfolding deals to feed their stomachs .

They seem not to understand the long-term struggles and hard work against many forces at play; their predecessors have fought all long, because they placed value on the lives of the vulnerable citizens now at stake than any day in history of this nation.

Orengo, Gitobu, Late Wamalwa , Karua, Muite, Hon Raila and others quest to build and support national judicial mechanisms, equitable resource sharing so forth if the social fabric is to be repaired and trust to be restored is fought left center and right, can only be disheartening, seeing these champions aging and no one can take after them.