Tag: Yahoo

Yahoo To Be Renamed Altaba, CEO Mayer To Resign [VIDEO]

Yahoo CEO Marissa Mayer will leave the company’s board after the proposed sale of the internet pioneer’s core web properties to Verizon, according to a filing Monday. Five other directors also will go. The move was not a surprise, as the new company will essentially be an investment company holding the remaining Yahoo assets, which…

Yahoo Breach Raises Concerns About National Security

Yahoo announced Wednesday that more than a billion user accounts could have been compromised in a 2013 hack β€” and among that number could be more than 150,000 U.S. government or military employees, Bloomberg reports. Criminals or foreign intelligence services could now have the names, passwords, phone numbers, birthdays, and security questions of government employees,…

Verizon Buys Yahoo For 4.83 Billion [VIDEO]

Verizon confirmed Monday that it had reached a deal to buy Yahoo’s land holdings and core internet operations for $4.83 billion. Yahoo was once an internet behemoth valued at as much as $125 billion. The takeover will end months of uncertainty about Yahoo’s future, which began in February with an announcement the company would review…

Malware attack hits thousands of Yahoo users per hour

A malware attack hit Yahoo’s advertising server over the last few days, affecting thousands of users in various countries, an Internet security company said. In a blog post, Fox-IT said Yahoo’s servers were releasing an “exploit kit” that exploited vulnerabilities in Java and installed malware. “Clients visiting yahoo.com received advertisements served by ads.yahoo.com,” the Internet…

Apple, Google, Facebook, and Other Companies Launch a Campaign to Reform Government Surveillance

A group of tech companies β€” AOL, Apple, Facebook, Google, LinkedIn, Microsoft, Twitter, and Yahoo β€” has written an open letter to President Barack Obama and the U.S. Congress calling for a reform of government surveillance following numerous revelations about the NSA’s data collection practices. The coalition presents five core principles to inform future surveillance…

Katie Couric to anchor Yahoo’s video news coverage

Katie Couric is joining Yahoo to anchor an expansion of the Internet company’s video news coverage in a move that she hopes will help persuade other broadcast TV veterans to make the transition into online programming. Monday’s announcement confirms recent published reports that Couric is hoping to attract more viewers on the Internet after spending…

Nine Companies Tied to PRISM, Obama Will Be Smacked With Class-Action Lawsuit Wednesday

Nine Companies Tied to PRISM, Obama Will Be Smacked With Class-Action Lawsuit Wednesday AOL, Apple, Facebook, Google, Microsoft, PalTalk, Skype, Yahoo! and Youtube will be named in the suit, attorney says Former Justice Department prosecutor Larry Klayman amended an existing lawsuit against Verizon and a slew of Obama administration officials Monday to make it the…

Google, Yahoo, Cisco Under Scrutiny After Apple Tax Avoidance Hearing

Large tech firms are coming under scrutiny over their tax avoidance measures, following the testimony of Apple executives to a US Senate Permanent Subcommittee. Google, Yahoo, Cisco, and others have been found to be using an assortment of tax loopholes and off-shoring in order to avoid paying governments in the US and Europe at least…

Yahoo Extends Maternity Leave Benefits

Yahoo CEO Marissa Mayer is offering new, more generous terms of maternity leave for employees. The new policy will allow up to 8 weeks for men and up to 16 weeks for women. The new policy will align Yahoo with other major Silicon Valleycorporations such as Google and Facebook. Mayer’s decision to expand family leave…