Separately Tuesday, Yahoo said in announcing Q1 results that Verizon's $4.5 billion deal for its operating businesses is expected to close in June. Once that's completed, Verizon plans to merge Yahoo and AOL into a new entity called "Oath." Yahoo CEO Marissa Mayer is reportedly not going to join the telco, which lopped $350 million off the purchase price after Yahoo disclosed two massive data breaches that occurred in 2013 and 2014.