Bytes and barrels: the origins of oil traders' love of Yahoo

NEW YORK (Reuters) - For the oil industry, Yahoo Inc's decision this week to sell its core business to Verizon Communications Inc for $4.8 billion 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.

from Reuters: Technology News http://ift.tt/2adjjoC

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