Tag: Verizon
(Reuters) – 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. The completion of the acquisition marked the end of Yahoo as a stand-alone internet company, a tech pioneer once valued at more than $100 […]
(Reuters) – Verizon Communications Inc snapped up wireless spectrum holder Straight Path Communications Inc in a $3.1 billion deal, roughly double rival AT&T’s initial offer, as Verizon seeks an advantage in the race toward a 5G network. The $184 per share all-stock offer represents a discount of 17.8 percent to Straight Path’s close on Wednesday […]
News highlights for 24 April Will.i.am teams with Atom, the app based bank Atom is the latest foray into digital technology for Will.i.am, the rapper-turned-entrepreneur who has launched a smartwatch with Deutsche Telekom and partnered with tech giants Apple and Intel. Read more… Interpol finds 9,000 servers infected, in Asia alone SINGAPORE (Reuters) – An […]
Verizon eyes Comcast, Walt Disney or CBS for growth. If anyone needed any more evidence that the traditional telecoms model is breaking down, then look no further. Verizon, the largest U.S. wireless carrier, is seeking new sources of growth as the mobile-phone business matures and its new media ventures take time to gain traction. Verizon Communications […]
(Reuters) – U.S. wireless carriers Verizon Communications Inc and AT&T Inc said on Wednesday they have suspended digital advertising on Google’s YouTube and other advertising platforms not related to search over concerns that their ads may have run next to extremist videos. Verizon and AT&T joined a list of well-known British brands such as retailer […]
News highlights for 13 March Intel buys Mobileye – the driverless car arena hots up JERUSALEM/DETROIT (Reuters) – Intel Corp agreed to buy Israeli autonomous vehicle technology firm Mobileye for $15.3 billion on Monday in a deal that could thrust the U.S. chipmaker into direct competition with rivals Nvidia Corp and Qualcomm Inc to develop […]
NEW YORK (Reuters) – Verizon Communications Inc will introduce an unlimited data plan on Monday, its first in more than five years, in its latest effort to lure customers as competition rises between network carriers. The introductory plan, announced on Sunday, will give unlimited data to customers on smartphones and tablets on its 4G LTE […]
News highlights for 24 January Verizon earnings, net subscriptions, shares – all down (Reuters) – Verizon Communications Inc’s quarterly profit missed estimates and the No. 1 U.S. wireless carrier added fewer subscribers than anticipated in the fourth quarter as it struggles to fend off rivals in a maturing wireless market. Read more… Yahoo up, says […]
SAN FRANCISCO (Reuters) – Yahoo Inc reported better-than-expected quarterly adjusted profit on Tuesday, a boost for the beleaguered company whose deal to sell its core business to Verizon Communications Inc has been shaken by a massive data breach. Verizon’s general counsel said last week that the hack, which affected at least 500 million email accounts […]
Have you ever wondered what the real cost of a data breach is? Verizon says Yahoo hack is grounds for discount. Just a few days ago we mentioned the Yahoo Hack, the biggest data breach known to date. Verizon said that Yahoo’s massive data breach that was disclosed three weeks ago was a significant event […]
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