Category: IT Services

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.

Amazon Expects To Add 100,000 New Jobs By 2018

Amazon.com on Thursday said it would expand its full-time U.S.-based workforce to 280,000 by mid-2018, from 180,000 last year. Over the past five years, Amazon says it’s created more than 150,000 jobs in the U.S., growing its workforce from 30,000 in 2011.

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.

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.

Apple shows why no robot can replace cashiers

Ever since Amazon.com debuted a grocery store without a checkout line, the world has been forced to ponder a jobless future. Located in the company’s home town, Seattle, Amazon Go looks every bit like a 7-Eleven, selling bread, milk, and cheese as well as pre-made snacks and fresh meals, except there are no cashiers or checkout lines.

Singtel Wins 2016 World Communication Award using Viptela SD-WAN

Viptela , the Software-Defined WAN company, today announced that its partner Singapore Telecommunications Limited won the prestigious 2016 World Communication Award. The Singtel ConnectPlus SD-WAN, powered by the Viptela Secure Extensible Network platform, was recognized with the annual award, which is widely considered “the blue chip mark of success in the global telecom industry”.

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.

Mistry Steps Down From Tata Companies Amid Fight With Scion

Ousted Tata Sons Ltd. Chairman Cyrus Mistry resigned as director of group companies on the eve of shareholder meetings to remove him and pledged to take the fight with the scion of the $100 billion conglomerate to a “larger platform.” Mistry stepped down as a director in Tata Steel Ltd., Tata Chemicals Ltd., Tata Global Beverages Ltd. and Indian Hotels Co., and as chairman of Tata Motors Ltd., the five companies said in stock exchange filings.