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Stock impact report

From dot-com darling to tech pariah, Yahoo bets everything on AI and Scout [Los Angeles Times (CA)]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
Scout seems insightful, based on its response to a question posed by The Associated Press about why one of Silicon Valley's brightest stars faded away a decade ago. “Yahoo's journey illustrates how a company with an early advantage can disappear without continuous innovation,” Scout explained, while also providing hyperlinks to other websites supporting its thesis. Scout may have to come up with a different interpretation if Yahoo CEO Jim Lanzone can leverage AI to expand upon a worldwide audience of 700 million users who have stuck with the company's finance, sports, news, fantasy and email services, despite a history of folly that nearly destroyed a brand once synonymous with the internet. Yahoo has “always been the white whale of turnarounds for me,' said Lanzone, who has a track record for salvaging internet wrecks. “I always thought I could do something with this thing.” Lanzone, 55, finally got his chance after the private equity firm Apollo Global Management paid $5 bil Show less Read more
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