Verizon Communications Inc said on Tuesday it closed its $4.48 billion acquisition of Yahoo Inc's core business and that Marissa Mayer, chief executive of the internet company, had resigned.
14 Jun 2017, business.mega.mu
Verizon Communications Inc is expected to cut about 2,000 jobs when it completes its $4.48 billion acquisition of Yahoo Inc's core assets next week, a person briefed on the matter said.
09 Jun 2017, business.mega.mu
Yahoo’s top lawyer, Ronald S. Bell, resigned Wednesday, and its chief executive, Marissa Mayer, lost her 2016 bonus after a board investigation of the 2014 theft of information on more than 500 million user accounts.
03 Mar 2017, business.mega.mu
Verizon Communications Inc. will acquire Yahoo! Inc.’s Internet properties at a $350 million discount after revelations of security breaches at the web company.
23 Feb 2017, business.mega.mu
Yahoo has said data from more than one billion accounts may have been hacked.
15 Dec 2016, business.mega.mu
Verizon Communications Inc said on Thursday it has a "reasonable basis" to believe Yahoo Inc's massive data breach of email accounts represents a material impact that could allow Verizon to withdraw from its $4.83 billion deal to buy the technology company.
14 Oct 2016, business.mega.mu
Yahoo in April of last year began secretly scanning the incoming emails of its hundreds of millions of users to comply with an order from the U.S. intelligence community, a move that prompted at least two company officials to leave, according to a former Yahoo employee familiar with the matter.
05 Oct 2016, business.mega.mu
Yahoo! Inc. is preparing to disclose a “massive” data breach of its main service, Recode reported, just as Verizon Communications Inc. prepares to take over the ailing internet company’s core assets.
22 Sep 2016, business.mega.mu
Yahoo was once the king of the Internet, a $125 billion behemoth as big in its time as Facebook or Google are today. Now it’s being sold to Verizon for comparative chump change.
25 Jul 2016, business.mega.mu
Microsoft Corp executives are in early talks with potential Yahoo Inc investors about contributing to financing to buy the troubled Internet company, a person familiar with the situation said.
31 Mar 2016, business.mega.mu
The National Security Agency and its British counterpart have apparently tapped the fiber-optic cables connecting Google’s and Yahoo’s overseas servers and are copying vast amounts of email and other information, according to accounts of documents leaked by the former agency contractor Edward J. Snowden.
06 Nov 2013, business.mega.mu