Yahoo thinks disappearing images are here to stay
Yahoo CEO Marissa Mayer has apparently figured out what she wants to do with some of the billions her company made from the Alibaba IPO a couple of weeks ago.
There are reports today that Yahoo is going to take a stake in Snapchat, the app that lets users send messages that disappear after a couple of seconds.
No word on exactly how much, but it values the startup at $10 billion.
And yes, Yahoo is a company on the ropes, buying a company that makes things disappear... fill in the blank with your own joke here.
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