October 4th, 2017Yahoo 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 expands the likely number and claims of...
September 24th, 2016AFP- Yahoo's claim that it is the victim of a gigantic state-sponsored hack raises the question of whether it is the latest target for hackers with the backing of Russia, China or even North Korea, experts say.
The US internet giant was under pressure Friday to explain how it sustained such a massive breach in 2014, which possibly...
July 27th, 2016When senior Yahoo executives gathered at a San Jose hotel for a management retreat in the spring of 2006, there was no outward sign of a company in crisis.
The internet pioneer, not yet a teenager, had just finished the prior year with $1.9 billion in profits on $5.3 billion in revenue. The tough days of the dot-com bust were a...
July 25th, 2016As Verizon Communications Inc announced that it would buy Yahoo Inc's core internet properties for $4.83 billion in cash to expand its digital advertising and media business, in a deal that ends a lengthy sale process for the fading Web pioneer.
CEO and Head of Yahoo, Marisaa Mayer wrote an emotional letter to all search based...
July 25th, 2016Verizon Communications Inc will announce an agreement on Monday to buy Yahoo Inc for about $5 billion (roughly Rs. 33,604 crores), according to a person familiar with the matter.
The announcement will come before the start of New York trading hours, the source added.
The deal will end months of uncertainty about Yahoo's future...
June 16th, 2016American multinational technology company Yahoo Inc. has announced the shutting down of its chat service Yahoo Messenger from August 5 this year.
However, the company has asked all its users to move to the new version of the Messenger, introduced last year.
"In December of 2015, we announced a brand new Yahoo Messenger for mobile,...
May 15th, 2016Warren Buffett struck media gold with a 2012 investment in debt-laden Media General Inc. Now the famed investor may try to reprise that success by supporting a bid for Yahoo Inc's Internet assets.
The Berkshire Hathaway Inc chairman is backing a consortium that includes Quicken Loans Inc founder Dan Gilbert, that is seeking to buy...
April 30th, 2016Yahoo Inc has shortlisted close to 10 bidders in the auction for its core Internet assets, including Verizon Communications Inc, with most offers involving cash rather than a combination with another company, according to people familiar with the matter.
The shortlist comprises mainly large companies and big private equity firms...
February 20th, 2016Yahoo Inc officially launched the sale of its core business on Friday, a move seen as a positive step for frustrated investors but not enough to keep an activist hedge fund from pursuing a proxy fight against the struggling Internet company.
Yahoo shares jumped after the company announced its board has formed a committee of...
November 24th, 2020BuzzFeed’s acquisition of HuffPost brings together the four best known new media brands (along with BuzzFeed, BuzzFeed News, and Tasty) to create a massive media network.
September 14th, 2019SoundBetter, the world’s leading music production marketplace helping musicians worldwide connect and hire top music pros acquired by Spotify.
