Tag: Yahoo News

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…

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…