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Oil traders bid farewell to Yahoo Messenger

Aug. 05, 2016 4:52 AM ETAltaba, Inc. (AABA)AABABy: Yoel Minkoff, SA News Editor14 Comments
  • Yahoo (YHOO) is shutting down its "legacy" Messenger platform, the main tool used by oil traders to communicate since the late 1990s.
  • The follow-up version of the messaging service cannot be used by the industry as it doesn't meet compliance standards like saving conversations.
  • While a raft of alternatives exist, users have expressed concerns about a fragmented communication market.

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