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 announced Wednesday that more than a billion user accounts could have been compromised in a 2013 hack — 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 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…
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…
A group of tech companies — AOL, Apple, Facebook, Google, LinkedIn, Microsoft, Twitter, and Yahoo — 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 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…
Yahoo has revealed its new logo after changing it every day for the past month. The logo change was part of an effort to add fresh visual interest to the tech brand, while maintaining the color and exclamation point. The Verge
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…
Get Ready for Tumblr to Suck: Yahoo in rumoured $1.1bn bid to buy Tumblr. Marissa Mayer, the former Google executive who is now in charge of Yahoo, is poised to create yet another nothing-to-riches tale in the web industry with the $1.1bn (£720m) acquisition of the blogging site Tumblr. Mayer called Yahoo’s board together on…
