A Yahoo logo is displayed on a monitor in this photo illustration in Encinitas, California, April 16, 2013. REUTERS/Mike Blake/File Photo TPX IMAGES OF THE DAY
NEW YORK: For the oil industry, Yahoo Inc's decision this week to sell its core business to Verizon Communications Inc for US$4.8bil (RM19.44bil) does not matter all that much.
Their world already changed a few months ago, when the company said it would jettison its messaging system that has been the norm for oil traders since the late 1990s.
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