Sunday 17 November 2024
 
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Verizon sells Yahoo and AOL to Apollo for $5bn

Verizon, a global telecom conglomerate, has entered into an agreement with Apollo Global Management for the latter to acquire Verizon Media comprised of iconic brands such as Yahoo and AOL for $5 billion. Verizon will retain a 10%

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Verizon sells Yahoo and AOL to Apollo for $5bn

Verizon, a global telecom conglomerate, has entered into an agreement with Apollo Global Management for the latter to acquire Verizon Media comprised of iconic brands such as Yahoo and AOL for $5 billion. Verizon will retain a 10%

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Yahoo shareholders vote on sale to Verizon

Yahoo stockholders have approved the previously announced proposed sale to Verizon Communications of the company’s operating business, a statement from Yahoo said. In addition, Yahoo stockholders voted to approve the advisor

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Verizon to pay $350m less for Yahoo

Verizon Communications said on Tuesday it would buy Yahoo’s operating business for $4.48 billion, lowering its original offer by $350 million in a concession for two massive cyber attacks at the internet company. In addition

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Verizon, Yahoo agree lowered $4.48 billion deal

Verizon Communications said on Tuesday it would buy Yahoo’s operating business for $4.48 billion, lowering its original offer by $350 million in a concession for two massive cyber attacks at the internet company. In addition

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Some Yahoo users close accounts amid breach fears

Many Yahoo users have closed their accounts and change passwords as experts warned that the fallout from one of the largest cyber breaches in history could spill beyond the internet company's services. After Yahoo disclosed on

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Yahoo faces growing scrutiny over data theft

Yahoo on Friday faced pointed questions about exactly when it knew about a cyber attack that exposed the email credentials of 500 million users, a critical issue for the company as it seeks to prevent the breach from affecting a pending takeover

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Yahoo says 500m accounts hacked in 2014

Yahoo Inc said on Thursday that information for at least 500 million user accounts was stolen from its network in 2014 by what it believed was a state-sponsored actor, a theft that appeared to the biggest cyber breach ever. Yahoo

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Yahoo to provide details on data breach: Recode

Yahoo will disclose details this week of a data breach that compromised the data of several hundred million users, technology news site Recode reported on Thursday, citing unnamed sources familiar with the company's plan. Reut

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Verizon to buy Yahoo's core business for $4.8bn

Verizon Communications said on Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash, marking the end of the line for a storied Web pioneer and setting the stage for a big new internet push by the telecom giant.

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