Yahoo is taking a US$350 million hit on its previously announced US$4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts. The revised agreement, announced Tuesday, eases investor worries that Verizon Communications Inc. would demand a discount of at least US$1 billion or cancel the deal entirely.&n… Yahoo is taking a US$350 million hit on its previously announced US$4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts.
Category: Verizon Communications
Business Highlights
Wal-Mart says its fourth-quarter results show it’s making headway in its efforts to better compete against online leader Amazon. It has bought smaller online companies, lowered prices, expanded its offerings and improved online services.
Yahoo salvages Verizon deal with A 280m discount
Yahoo is taking a 350 million dollar hit on its previously announced 4.8 billion dollar sale to Verizon in a concession for security lapses that exposed personal information stored in more than one billion Yahoo user accounts. Yahoo is taking a 350 million dollar hit on its previously announced 4.8 billion dollar sale to Verizon in a concession for security lapses that exposed personal information stored in more than one billion Yahoo user accounts.
Yahoo salvages Verizon deal with $350 million discount
Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts. The revised agreement, announced Tuesday, eases investor worries that Verizon Communications Inc. would demand a discount of at least $1 billion or cancel the deal entirely.
What do you rely on to keep hackers at bay?
For parents there is an added concern of managing children’s online activities. For everyone, 2017 brings new challenges helping to protect personal identities while sharing information and making purchases online.
Yahoo revenue rises 15.4 pct amid Verizon deal uncertainty
Jan 23 Yahoo Inc reported a 15.4 percent rise in quarterly revenue on Monday, ahead of a proposed sale of its core internet business to Verizon Communications Inc . The company said on Monday that it was continuing to work with Verizon on the sale, and added that the deal was now expected to close in the second quarter.
Verizon and Ahold USA complete digital transformation of iconic retail brands
With consumers increasingly relying on smartphones and public Wi-Fi when shopping, retailers are recognizing the imperative to offer strong and reliable networks for delivering the digitally rich in-store experience that is now an expectation. , chief information officer for Ahold USA.
Yahoo To Be Altaba after Buyout
In a pair of documents filed with the U.S. Securities and Exchange Commission yesterday, Yahoo revealed that CEO Marissa Mayer will resign after core parts of her company are acquired by Verizon as expected sometime early this year. The unacquired pieces of Yahoo’s business will be renamed “Altaba” after the deal is completed, according to the filings.
Yahoo to be named Altaba, Mayer to leave board after Verizon deal: Reuters
Yahoo Inc said Monday that it would rename itself Altaba Inc and Chief Executive Officer Marissa Mayer would step down from the board after the closing of its deal with Verizon Communications Inc. Yahoo has a deal to sell its core internet business, which includes its digital advertising, email and media assets, to Verizon for $4.83 billion. The terms of that deal could be amended – or the transaction may even be called off – after Yahoo last year disclosed two separate data breaches; one involving some 500 million customer accounts and the second involving over a billion.
Yahoo to change name, trim board if Verizon deal gets done
Yahoo will adopt a new corporate identity and slash the size of its board if the proposed $4.8 billion sale of its digital services to Verizon Communications goes through. The company plans to change its name to Altaba Inc. after it turns over its email, websites, mobile apps and advertising tools to Verizon.
Yahoo to change name to Altaba, CEO Marissa Mayer will resign if Verizon deal gets done
Yahoo will adopt a new corporate identity and slash the size of its board if the proposed $4.8 billion sale of its digital services to Verizon Communications goes through. The company plans to change its name to Altaba Inc. after it turns over its email, websites, mobile apps and advertising tools to Verizon.
Not so fast, Yahoo is still alive and kicking
Not so fast, Yahoo is still alive and kicking Confused about what Yahoo announced today? Here’s what it all means Check out this story on USATODAY.com: http://usat.ly/2icDIvi SAN FRANCISCO – If you are confused about what Yahoo announced on Monday, you are not alone. Here’s what you need to know.
T-Mobile Asks Regulators to Open Up More Licensed Spectrum
Wireless carriers often and predictably cite a severe shortage when it comes to the airwaves that cellular networks are built on. This is nothing new, even if in some cases the public posturing is only that; AT&T currently has approximately 40 MHz of unused spectrum and Verizon has been known to hoard spectrum in the past.