Yahoo to buy back $3 billion shares
Yahoo said it would pay between $50.79 and $44.74 per share based on its calculations, Alibaba`s share price and timing of the buyback.
May 16, 2017, 16:50 PM IST
Yahoo slashes price of Verizon deal $350 mn after data breaches
Yahoo slashed the price of the sale of its core Internet business to Verizon by $350 million following a pair of major data breaches at Yahoo, the two companies announced Tuesday.
Feb 21, 2017, 19:13 PM IST
Verizon close to Yahoo deal, price cut of $250-350 million
Verizon Communications Inc is close to a revised deal to buy Yahoo Inc`s core internet business for $250 million to $350 million less than the original agreed price of $4.83 billion, according to a source briefed on the matter.
Feb 15, 2017, 23:27 PM IST
Yahoo revenue rises 6.5%; net income rises to $162.8 million
Yahoo Inc reported a 6.5 percent rise in quarterly revenue on Tuesday, positive news for the beleaguered company whose deal to sell its core business to Verizon Communications Inc has been shaken by a massive data breach.
Oct 19, 2016, 09:19 AM IST
Yahoo profit beats estimates as emerging businesses shine
Yahoo Inc reported better-than-expected quarterly adjusted profit on Tuesday, a boost for the beleaguered company whose deal to sell its core business to Verizon Communications Inc has been shaken by a massive data breach.
Oct 19, 2016, 04:48 AM IST
Yahoo set to confirm massive data breach - Recode
Yahoo Inc will confirm this week a massive data breach of its service, technology news website Recode reported on Thursday, citing several sources close to the situation.
Sep 22, 2016, 17:52 PM IST
Read –Yahoo CEO Marissa Mayer's letter to employees
Marissa Mayer, CEO of Yahoo, wrote a letter to employees soon after announcement of the acquisition came.
Jul 26, 2016, 11:39 AM IST
Verizon set to make Yahoo's bidder short list
Verizon Communications Inc was set on Tuesday to advance to the second stage of bidding for Yahoo Inc`s core assets, as the U.S. internet company went through offers to put together a short list, people familiar with the matter said.
Apr 20, 2016, 10:05 AM IST
40,000 Verizon wireline workers walk off the job; services not to be affected, says company
The strike was called by the Communications Workers of America and the International Brotherhood of Electrical Workers - unions that jointly represent nearly 40,000 employees in Verizon`s wireline operations.
Apr 13, 2016, 18:19 PM IST
Yahoo extends deadline for bids by a week - Re/code
Yahoo Inc has extended the deadline to bid for its businesses by a week to April 18, technology news website Re/code reported, citing people familiar with the matter.
Apr 08, 2016, 20:21 PM IST
Cablevision sues Verizon over commercial targeting FiOS
Cablevision Systems Corp sued Verizon Communications Inc on Tuesday, seeking a judge`s finding that its television commercial claiming Verizon`s FiOS service does not solely use fibre optic cable is truthful.
May 20, 2015, 09:01 AM IST
Verizon to buy AOL in $4.4 billion deal
Verizon Communications Inc said it would buy AOL Inc in a deal valued at about $4.4 billion to gain access to AOL`s digital advertising service and content.
May 12, 2015, 17:18 PM IST
T-Mobile takes aim at business market with new cellular plans
T-Mobile US Inc rolled out cellular and data plans for business customers, taking aim at a lucrative market segment long dominated by larger rivals AT&T Inc and Verizon Communications Inc .
Mar 19, 2015, 09:11 AM IST
Verizon approaches AOL on potential deal: Report
Verizon Communications Inc approached AOL Inc about a potential acquisition or joint venture to expand its mobile-video offerings, Bloomberg reported, citing people with knowledge of the matter.
Jan 06, 2015, 07:51 AM IST
Verizon open to divesting cell tower assets: CFO
Verizon Communications Inc is open to divesting its network`s assets including its cell towers, the company`s chief financial officer said on Wednesday.
Sep 18, 2014, 09:01 AM IST
