Tag Archives: yahoo acquisition

Goodbye! Yahoo to rename itself 'Altaba' after Verizon Deal

It’s time to say goodbye to Yahoo!

While Yahoo’s core internet business was being sold to Verizon for $4.8 Billion, the remaining portions of the company left behind is renaming itself to Altaba Inc, which marks the sad ending of one of the most familiar brand names on the internet.

In a public filing with the Securities and Exchange Commission (SEC) on Monday, the company announced that

Yahoo Admits 1 Billion Accounts Compromised in Newly Discovered Data Breach

In what believe to be the largest data breach in history, Yahoo is reporting a massive data breach that disclosed personal details associated with more than 1 Billion user accounts in August 2013.

…And it’s separate from the one disclosed by Yahoo! in September, in which hackers compromised as many as 500 Million user accounts in late 2014.

What’s troubling is that the company has not been

Yahoo Email Spying Scandal — Here's Everything that has Happened So Far

Today Yahoo! is all over the Internet, but in a way the company would never have expected.

It all started days ago when Reuters cited some anonymous sources and reported that Yahoo built a secret software to scan the emails of hundreds of millions of its users at the request of a U.S. intelligence service.

At this point, we were not much clear about the intelligence agency: the National

Verizon wants $1 Billion Discount on Yahoo Acquisition Deal after Recent Scandals

It seems like it is not all over for Yahoo yet. Another day, another bad news for Yahoo!

Verizon, which has agreed to purchase Yahoo for $4.8 Billion, is now asking for a $1 Billion discount, according to recent reports.
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The request comes after Verizon Communications learned about the recent disclosures about hacking and spying in past few weeks.

Just two weeks ago, Yahoo

Verizon Set to Buy Yahoo for $5 Billion — Here's Why a Telecom is so Interested!

Finally, Someone has come forward to buy Yahoo! Guess Who?

The telecommunication giant Verizon.

Yes, Verizon Communications Inc. is reportedly closing in on a deal to acquire Yahoo’s core business for about $5 Billion, according to a report from Bloomberg.
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Since the agreement between the companies has not been finalized, it is unclear at this moment that which Yahoo’s assets