YHOO

Altaba Inc.

A shell investment company born from the remains of Yahoo!, Altaba was created in 2017 after the internet giant sold its core search and advertising business to Verizon. Left holding a big stake in Chinese e-commerce leader Alibaba, the renamed firm existed mainly to manage and sell off that stake before dissolving in October 2019. Its odd name blends "alternative" and "Alibaba"—a nod to the investment it was set up to unwind.