Items tagged with (NASDAQ:YHOO)

The investigation regarding the 2014 Yahoo hack is finally getting somewhere. The United States Justice Department just announced the indictment of two members of the Russian intelligence agency FSB, and two hackers hired by the Russians. The spies managed to hack into 500 million Yahoo accounts. The charges... Read more...
Marissa Mayer’s tenure as Yahoo CEO is quickly winding down. The troubled internet portal has been in the news for all the wrong reasons following Verizon’s announcement last year that it would purchase the company for $4.83 billion. However, we are learning today that once Mayer steps down following the close of the... Read more...
Yahoo CEO Marissa Mayer has come under a lot of fire this year, especially for the number of security breaches the corporation has divulged. As a result, Mayer has decided to forgo her usual annual bonus and will instead redistribute it among the corporation’s employees. Mayer remarked on her Tumblr account, “I am... Read more...
Verizon has made it official -- the company today revealed that it has mutually agreed to lower its purchase price of Yahoo by $350 million, bringing the total value of the deal down to $4.48 billion in cash. This follows a report from last week, which indicated that Verizon was seeking a $250 million to $350 million... Read more...
Everyone loves a discount, especially when that discount ranges in the millions of dollars. Verizon is reportedly trying to reduce the $4.83 billion USD price tag for Yahoo, Inc. by $250 million. The renegotiation is in light of Yahoo’s disclosures of past security breaches. Yahoo revealed three security breaches... Read more...
By now you might have heard that Yahoo is changing its name to Altaba following its sale to Verizon Communications, and that Yahoo CEO Marissa Mayer is stepping down from the company's board of directors. News of Yahoo's fate spread like wildfire last night after Yahoo posted a filing with the United States Securities... Read more...
The growing consensus is that the U.S. government is overstepping its bounds and trampling on people's right to privacy. Former NSA contractor Edward Snowden blew the whistle on the government's vast spying program, and while that was an eye opener for the country (and world) at large, the full extent of its efforts... Read more...
Let’s put it bluntly; it sucks to be Verizon right now. Back in July, the company announced its intentions to purchase Yahoo for $4.83 billion in an effort to “enhance [its] strategy of providing a cross-screen connection for consumers, creators and advertisers.” That paltry price tag was a relative bargain compared... Read more...
My phone just pinged. Did someone just like the Instagram photo of my dog? Is my Chipotle to-go order finally ready? Nope, I was one of the lucky one billion users whose Yahoo account was infiltrated by hackers, my personal information potentially compromised. This past November law enforcement provided Yahoo with... Read more...
Yahoo can't seem to catch a break these days. At least one research firm predicts the company will report a double-digit decline in ad revenue when it reports earnings with the Securities and Exchange Commission. Coupled with the negative attention Yahoo has received over a massive security breach and the revelation... Read more...
Yahoo has turned back on the automatic forwarding feature for Yahoo Mail users after previously disabling the function as part of what the firm claimed was planned maintenance. It's sticking with that explanation, saying the temporary disruption was part of a broader upgrade to its email service that's been taking... Read more...
It's been a long time since I've read Dale Carnegie's "How to Win Friends and Influence People" but I'm pretty sure there isn't a chapter on holding people hostage. That's generally a bad idea, and so is Yahoo's decision to disable the forwarding feature for its email service, which effectively prevents Yahoo Mail... Read more...
Yahoo has recently been in the news for security breaches and invasions of user’s privacy. The company, however, has also experienced quite a bit of conflict from former employees. A recent lawsuit has accused Yahoo CEO Marissa Mayer, Megan Liberman (editor-in-chief of Yahoo News), and Kathy Savitt (former chief... Read more...
The security breach that rocked Yahoo two years ago could end up costing the company and its shareholders a lot of money—$1 billion, to be exact. That's the amount Verizon wants discounted from its pending acquisition of the search and media giant after agreeing to the buy Yahoo for $4.8 billion. The deal has yet to... Read more...
In the wake of a report outing Yahoo's email scanning program for the government, a handful of other major tech firms have gone on record saying they don't snoop your incoming messages for Uncle Sam. Those firms include Apple, Facebook, Google, Microsoft, and Twitter, four of which pretty much denied ever receiving... Read more...
Says it ain’t so, Yahoo. As if Yahoo doesn’t have enough trouble on its hands with the revelation that 500 million users accounts were compromised in a 2012 hack (that number could actually surpass 1 billion users according to recent reports), a new report suggests that Yahoo provided a helping hand to the U.S... Read more...
To call this a stressful time for Yahoo would be an understatement. As the company is in the process of being scooped up by Verizon, it's also dealing with the aftermath of what could become the largest security breach in all of history - at least in terms of users impacted. We reported last week that the company... Read more...
Yahoo is getting ready to disclose a data breach that exposed account details for at least 200 million users. While nothing is yet official on Yahoo's part, the forthcoming disclosure is likely related to a security breach earlier this summer that Yahoo previously said it was investigating. Since then, a cybercriminal... Read more...
Surprise, surprise, Yahoo has been hacked AGAIN. This time, 200 million Yahoo accounts are supposedly being shopped around for 3 bitcoins, or roughly $1,800 USD. A hacker known as Peace has listed the alleged credentials of Yahoo users on The Real Deal marketplace. He had been trading the data privately, but... Read more...
Yahoo has some ‘splaining to do. A judge in an appeal case for a drug trafficker recently ordered Yahoo to present a witness and provide documents explaining how the company recovers deleted emails. According to Yahoo’s policies, deleted emails are not recoverable. The appeal will decide the fate of Russell Knaggs... Read more...
Business is good over at Verizon. So good, in fact, that the nation's largest wireless carrier announced that it's entered into a definitive agreement to purchase Yahoo for approximately $4.83 billion in cash, the company confirmed this morning. Around this time a year ago, Verizon was closing its acquisition of AOL... Read more...
It's good computing practice to change your passwords every now and then, and also after a major hacking incident. The latter is why you should considering changing your Gmail or Yahoo password at your earliest convenience—over 272 million online accounts have been stolen and are being traded in Russia's underground... Read more...
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