Tag: Yahoo
WASHINGTON (Reuters) – Former Yahoo Chief Executive Marissa Mayer and the current and former CEOs of Equifax Inc will testify before a U.S. Senate panel on Nov. 8 on two massive data breaches, the committee said Wednesday. Verizon Communications Inc, the largest U.S. wireless operator, acquired most of Yahoo Inc’s assets in June. Yahoo disclosed […]
(Reuters) – Yahoo on Tuesday said that all 3 billion of its accounts were hacked in a 2013 data theft, tripling its earlier estimate of the size of the largest breach in history, in a disclosure that attorneys said sharply increased the legal exposure of its new owner, Verizon Communications Inc. The news would expand […]
(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 […]
This time Marissa has really earned her payoff. Following the sale of the Yahoo core business to Verizon, Marissa Mayer will step down as CEO of Yahoo and will receive a severance package worth $23m. This has once again raised the issue of excessive payoffs to failed senior executives, but I think that for the first […]
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 […]
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 […]
News highlights for 18 December Nokia bags 110 deals for 4.5G roll out in India NEW DELHI: Finnish telecom gear maker Nokia said that it has bagged contracts for the rollout of 4.5G networks with 110 service providers globally, according to reports. Read more… Yahoo security problems a story of too little, too late SAN FRANCISCO/BOSTON/WASHINGTON (Reuters) […]
NEW YORK (Reuters) – Yahoo Inc came under renewed scrutiny by federal investigators and lawmakers on Thursday after disclosing the largest known data breach in history, prompting Verizon Communications Inc to demand better terms for its planned purchase of Yahoo’s internet business. Shares of the Sunnyvale, California-based internet pioneer fell more than 6 percent after […]
News highlights for 14 December Amazon launches Prime Video globally, leaves out China (Reuters) – Amazon.com Inc launched its video-streaming service, Prime Video, in nearly every country except China on Wednesday, in its biggest challenge yet to Netflix Inc. Read more… Shippers, online retailers seek way around rising delivery costs ADDISON, Ill. (Reuters) – In […]
News highlights for 23 November Barclays’ new ATMs withdraw money with a tap of your phone Barclays bank is rolling out a new ATM system in branches across the U.K. that lets Android users take out money with just a tap of the device. Read more… Trump Team Appoints Net Neutrality Naysayers for FCC Transition The Trump […]
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