<Tr> <Th> Subsidiaries </Th> <Td> Excalibur IP, LLC </Td> </Tr> <Tr> <Th> Website </Th> <Td> altaba.com </Td> </Tr> <P> Altaba Inc. is an investment company based in New York City that resulted from Verizon's acquisition of Yahoo! Inc's Internet business . The company that remained after the purchase changed its name to Altaba Inc. on June 16, 2017 . Verizon completed its acquisition on June 13, 2017, and put the assets under a new subsidiary named Yahoo Holdings within its newly - created division, Oath . The only' Yahoo!' branded interest in the hands of Altaba is its stake in the joint venture Yahoo! Japan . </P> <P> On June 16, 2017, the company that remained after Verizon Communications purchased the Internet businesses of Yahoo! Inc. was renamed Altaba Inc . The United States Securities and Exchange Commission's listed the new company as a "non-diversified, closed - end management investment company on their website ." </P>

Which internet web portal changed its name to altaba inc