Shareholders of Yahoo Inc. have approved the sale of the company’s operating business to Verizon. It would be recalled that Verizon Communications has acquired Yahoo last year after it won the heavily contested bid alongside Alphabet, Google Inc’s parent company and many other tech giants. The announcement of the sale […]
Yahoo Inc. Said in its first quarter earnings result that it gross revenue grew to USD1.3 billion from USD1 billion reported in the previous year. The result showed a general improvements in its top and bottomline overview for the quarter and beyond. Commenting on the result, Marissa Mayer, CEO of […]
According to a report by Reuters, Yahoo Inc said that it would rename itself Altaba Inc and Chief Executive Officer Marissa Mayer would step down from the board after the closing of its deal with Verizon Communications Inc. Yahoo has a deal to sell its core internet business, which includes […]
Yahoo, the owner of YahooMail and other web portals said it has suffered another major hack that has endangered over 1 billion email accounts in its kitty. In an official message to all its customers/users, Yahoo acknowledged that it was hacked and over 1 billion accounts might be in danger. […]
Approximately 36, 000 Verizon Communications Inc. [NYSE: VZ] workers on the East Coast of the United State worked to the rule on Wednesday after a proposed new labour agreement met a dead end. The strike is one of the largest in recent years after 45, 000 Verizon workers walked off […]
Verizon Communications and Google, the main division of Alphabet are considering bids to buy Yahoo’s main business next week, according to those in the know. First-round bids for the company’s main Web assets are due April 11, according to inside source. A Bloomberg report shows Verizon and its AOL subsidiary […]