News
Indonesia blocks websites, sparks social media backlash
Indonesia has blocked search engine website Yahoo, payments firm Paypal and several gaming websites due to failure to comply with licensing rules. Read more…
Yahoo
News
Yahoo calls it quits in China, stops all services being accessed
Yahoo stops its services being accessible from mainland China “in recognition of the increasingly challenging business and legal environment”. Read more…
News
Yahoo ceases news operations in India, courtesy new FDI rule
Yahoo has become the latest casualty of India’s new foreign direct investment (FDI) rules which forced it to shut down its news websites. Read more…
Views
Telco giants drop media – wrong turn or better opportunities elsewhere?
News that telco giants are seeking ways of getting out of TV and media is important news. Verizon dumped Yahoo and AOL. Why? Read more…
Off the Wire
Yahoo’s new visual identity officially launched in Hong Kong
Yahoo’s new logo and visual identity has been officially launched in Hong Kong to capture the brand’s exuberant personality and re-imagine it for the future. Read more…
Views
The Oath debacle and the future of advertising
The demise – or virtual demise – of Oath is, as Richard Windsor says, hardly a surprise. At the time it all took place, it was like watching the really cool kids pick their football Read more…
Views
No surprise – Verizon writes off 96% of AOL/Yahoo acquisition
Verizon confirms my long-held belief that the one good thing that Marissa Meyer did for long-suffering Yahoo shareholders was to sell the Yahoo core business to Verizon. Verizon has completed its annual budget process for Read more…
News
Altaba settles hacking-related lawsuits for $47m
Altaba – the holding company formerly known as Yahoo! – said on Monday it has reached an agreement to settle three lawsuits over two massive cyber security breaches for $47 million. Yahoo! revealed in 2016 Read more…
Views
If you thought Verizon could save Yahoo, think again
Despite its recent acquisition by Verizon, the decline of Yahoo’s assets seems to be accelerating, further underpinning my long-held position that Verizon substantially overpaid to acquire them. At the same, it also reinforces my opinion Read more…
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Turns out that 2013 Yahoo hack was even bigger than you thought
(Reuters) – Yahoo on Tuesday said that all 3 billion of its accounts were hacked in a 2013 data theft, tripling its earlier estimate of the size of the largest breach in history, which already Read more…
News
Verizon finally closes Yahoo buyout as Mayer resigns
(Reuters) – Verizon Communications said on Tuesday it closed its $4.48 billion acquisition of Yahoo’s core business and that Marissa Mayer, chief executive of the internet company, had resigned. The completion of the acquisition marked Read more…
News
Rumor: Verizon to sack 2,000 from Yahoo and AOL post-merger
(Reuters) – Verizon Communications is expected to cut about 2,000 jobs when it completes its $4.48 billion acquisition of Yahoo’s core assets next week, a person briefed on the matter said. The cuts are expected Read more…
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Yahoo hacking indictments shine a light on Kremlin/hacker ties
WASHINGTON (Reuters) – Wednesday’s indictments in the United States of four people in a 2014 cyber attack on Yahoo provides the clearest details yet on what some US officials say is a symbiotic relationship between Read more…
Views
Here’s why Yahoo’s Marissa Mayer earned every dime of her $23m severance
Following the sale of the Yahoo core business to Verizon, Marissa Mayer will step down as CEO of Yahoo and will receive a severance package worth $23 million. This has once again raised the issue Read more…
News
US charges Russian spies and hackers with 2014 Yahoo account hack
WASHINGTON (Reuters) – The United States on Wednesday charged two Russian intelligence agents and two criminal hackers with masterminding the 2014 theft of 500 million Yahoo accounts, marking the first time the US government has Read more…
News
Verizon wanted far higher discount for Yahoo than it got: report
NEW YORK (Reuters) – Verizon Communications sought almost triple the price reduction that it ultimately obtained for Yahoo’s core assets following two massive cyber attacks at the internet company, according to a Yahoo filing. The Read more…
Views
Yahoo’s long-suffering shareholders are the real winners of that Verizon deal
Yahoo may have badly failed to create any value for investors in mobile, but its execution on the sale of its core business to Verizon is finally generating significant value for its long-suffering shareholders. Verizon Read more…
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It’s official: Verizon gets $350 million discount on Yahoo buyout deal
(Reuters) – Verizon Communications said on Tuesday it would buy Yahoo’s core business for $4.48 billion, lowering its original offer by $350 million in the wake of two massive cyber attacks at the internet company. Read more…
News
Rumor: Verizon will get $250-350m discount on Yahoo buyout
(Reuters) – Verizon Communications is close to a revised deal to buy Yahoo’s core internet business for $250 million to $350 million less than the original agreed price of $4.83 billion, according to a source Read more…
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Goodbye Yahoo, hello Altaba: Yahoo to be rebranded as Mayer exits
(Reuters) – Yahoo said Monday that it would rename itself Altaba Inc and chief executive officer Marissa Mayer would step down from the board after the closing of its deal with Verizon Communications. Yahoo has Read more…