tag Verizon

Yahoo not to hold quarterly earnings call or webcast

EghtesadOnline: Yahoo Inc said on Friday that it would not hold a call or webcast when it reports third-quarter results on Tuesday, citing its pending $4.83 billion deal with Verizon Communications Inc.
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Publish Date:15/October/2016 | 07:07

House panel wants Google, Facebook, AT&T CEOs to testify on internet rules

EghtesadOnline: The chairman of the U.S. House Energy and Commerce Committee on Tuesday asked chief executives from companies representing the two sides of the net neutrality debate, including Alphabet, Facebook, AT&T and Verizon , to testify at a Sept. 7 hearing.
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Publish Date:26/July/2017 | 06:03

Verizon to incur $500 million in pre-tax costs from Yahoo deal

EghtesadOnline: Verizon Communications Inc (VZ.N) said on Thursday it expected to incur about $500 million in pre-tax expenses in the second quarter as a result of its $4.48 billion purchase of Yahoo Inc's (YHOO.O) core business.
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Publish Date:15/June/2017 | 22:20

Verizon closes Yahoo deal, Mayer steps down

EghtesadOnline: Verizon Communications Inc said on Tuesday it closed its $4.48 billion acquisition of Yahoo Inc's core business and that Marissa Mayer, chief executive of the internet company, had resigned.
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Publish Date:14/June/2017 | 08:42

Yahoo beats Wall Street view, sees Verizon deal closing in second quarter

EghtesadOnline: Yahoo Inc on Monday reported better-than-expected quarterly profit and revenue, and said the sale of its core internet business to Verizon Communications Inc should be completed in the second quarter, allaying some investor concerns that the deal might collapse.
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Publish Date:24/January/2017 | 05:19

Yahoo’s Data Breaches Unlikely to Derail Verizon Deal

EghtesadOnline: The second major hack of Yahoo! Inc. user accounts is unlikely to derail Verizon Communications Inc.’s $4.83 billion acquisition of the tech giant, with investors and the public becoming inured to near-daily disclosures of cyberattacks.
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Publish Date:28/December/2016 | 04:54

Yahoo under scrutiny after latest hack, Verizon seeks new deal terms

EghtesadOnline: Yahoo Inc came under renewed scrutiny by federal investigators and lawmakers on Thursday after disclosing the largest known data breach in history, prompting Verizon Communications Inc to demand better terms for its planned purchase of Yahoo's internet business.
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Publish Date:17/December/2016 | 08:32

Apple's Chip Choices May Leave Some iPhone Users in Slow Lane

EghtesadOnline: It turns out not all iPhone 7s are created equal. The latest Apple Inc. smartphones that run on Verizon Communications Inc.’s network are technically capable of downloading data faster than those from AT&T Inc. Yet in testing, the two phones perform about the same, according to researchers at Twin Prime Inc. and Cellular Insights.
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Publish Date:19/November/2016 | 08:21

Yahoo profit beats Wall St., some analysts worry over effect of hack

EghtesadOnline: 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.
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Publish Date:19/October/2016 | 06:34

Yahoo faces growing scrutiny over when it learned of data breach

EghtesadOnline: Yahoo on Friday faced pointed questions about exactly when it knew about a cyber attack that exposed the email credentials of 500 million users, a critical issue for the company as it seeks to prevent the breach from affecting a pending takeover by Verizon Inc.
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Publish Date:24/September/2016 | 11:14

Verizon sale leaves Yahoo investors betting on a stub

EghtesadOnline: Yahoo Inc shareholders may be left betting on how quickly, if at all, the former web pioneer can cash in on its multi-billion dollar stakes in two Asian peers after Monday's deal to sell its core internet assets to Verizon Communications Inc.
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Publish Date:26/July/2016 | 11:21