Internet pioneer Yahoo ended its two-decade run as an independent company on Tuesday, completing the sale of its core online assets to telecom giant Verizon.
Marissa Mayer was hailed as Yahoo's savior when she took charge of the pioneering internet firm five years ago.
About 2,100 jobs are on the chopping block as Verizon prepares to combine Yahoo and AOL for a digital advertising offensive.
Yahoo shareholders voted Thursday to back the sale of the company's internet business to Verizon, clearing the way for the deal to close June 13.
Yahoo on Tuesday reported quarterly earnings that topped expectations as the pioneering internet firm remained on track to be bought by Verizon.
A lawsuit accused Yahoo of breaking a financial promise it made to Chinese dissidents almost a decade ago as penance for helping the Chinese government find and jail other activists.
AOL and Yahoo will be combined into a unit called Oath after telecom titan Verizon buys the pioneering internet firm, according to a tweet Monday by the AOL chief.
Russian hackers working with Russian spies didn't crack Yahoo security all at once.
Verizon demanded a $925 million discount on its acquisition of Yahoo's online services to help offset the damage from the biggest data breaches in internet history. It ultimately settled on a $350 million concession.
Yahoo said Monday that board member and former internet executive Thomas McInerney would lead the business that remains after the sale of its core assets to Verizon is completed.