Verizon Communications finds value where there is none in Marissa Mayer and Yahoo

 Jamie Logan

Verizon communications is paying tribute to the workers at Yahoo and decided this worthless company was worth investing as it spends 4.8 billion dollars to keep yahoo afloat. The corporate game is having other companies bail out losing companies that should of gone under sooner as in the case of Yahoo, but clearly the motivation is to keep the corporate class working and generating revenue. The idea that this company and name would have a brand and be worth of any value by other corporations is the result of the economic disparities if working people in the digital age. Verizon and other companies think the work at Yahoo has been valuable despite the fact the company was always in the red and basically survived on debt. The CEO of Yahoo who help propel its fall will be rewarded with a hundred and thirty million dollars in income for doing a job anyone can do and lead a company into the abyss and this is the concept of modern capitalism and a Marissa Mayer getting compensated as such shows the degree to which the depravity and evil of capitalism has flourished and nurtured to its small class. Yahoo's stock still went up all these years in this shenanigans that is the tech industry and phony value and accounting of tech stocks and industries.  Yahoo went under this woman's reign from a company of generating four billion in profits to a company of losing four billion as Yahoo bought up other smaller companies that would of gone under quickly for not producing any profit or revenue. Yahoo also benefited from having holdings in Japan and China stakes which basically were valued as such for access to these Asian markets than actually doing anything that would create money and income. Yahoo and its stock rise and decline overall as a private company is a textbook example of the modern economic fraudulent game where the few at the top like Marissa Mayer basically use a company to generate personal wealth for themselves and a few other select individuals from a  company and industry where there really is no absolute value or manufacture of product and wealth. Mayer also bailed out technology cronies as Yahoo bought fifty one companies that were ailing and wee totally bogus through the years and as in the case of yahoo helped the once giant internet company absolutely zilch. The core absolute value of tech companies a stocks actually is kaput but somehow the wizards on wall Street find ways to use money losing companies to generate fake value and money from others into the hands of the elites of technology sectors through this twisted strategy of deceive  and fraud. Only in a corporate racist facist state can someone like Marissa Mayer can extract wealth in projects that bring in no jingle at all.

No comments:

Post a Comment