News WrapGet Handpicked Stories from our editors directly to your mailbox

Yahoo Inc

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 scanning order unlikely to be made public: Sources

Executive branch officials spoke to staff for members of the Senate and House of Representatives committees overseeing intelligence operations and the judiciary, according to people briefed on the events, which followed Reuters’ disclosure of the massive search.

Oct 26, 2016, 05:13 AM 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

Verizon says Yahoo hack ''material,'' could affect deal

Verizon Corp said on Thursday it has a "reasonable basis" to believe Yahoo Inc`s massive data breach of email accounts represents a material impact that could allow Verizon to withdraw from its $4.83 billion deal to buy the technology company.

Oct 14, 2016, 01:25 AM IST

Yahoo CEO Marissa Mayer sued for illegally laying off male employees

A Yahoo Inc media executive fired from the internet company last year has filed a lawsuit claiming a job review process implemented by Chief Executive Marissa Mayer was used to cut men from executive ranks and lay them off illegally, court papers showed.

Oct 08, 2016, 18:04 PM IST

Yahoo hacked by 'professional' criminals: Researchers

The massive theft of Yahoo user data disclosed last week came from "professional" hackers seeking to profit from the breach, according to an analysis by security researchers.

Sep 30, 2016, 00:20 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

When Microsoft almost bought Yahoo for $45 billion!

US telecom giant Verizon Communications has agreed to buy the once internet king Yahoo for a 'meagre' USD 4.8 billion putting the company's 20 year reign as an independent entity to an end.

Jul 28, 2016, 20:59 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

US telecom giant Verizon Communications buys Yahoo for $4.8 billion

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

Jul 25, 2016, 22:14 PM IST

Yahoo-Verizon deal: I plan to stay on with the company, says CEO Marissa Mayer

Yahoo chief Marissa Mayer Monday said she would be open to staying on with the company, even though no decision has been made on her future following the company's acquisition by Verizon.

Jul 25, 2016, 22:07 PM IST

Verizon buys Yahoo for $4.8 billion: 10 things to know

Internet giant Yahoo on Monday announced that it has agreed a USD 4.83 billion deal to sell its core business to US tech giant Verizon Communications.

Jul 25, 2016, 18:56 PM IST

End of an era! Verizon buys Yahoo for $4.8 billion

Yahoo agreed to sell its core assets to telecom giant Verizon for $4.8 billion, ending a 20-year run by the internet pioneer as an independent company, the firms announced Monday.

Jul 25, 2016, 17:19 PM 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

Yahoo Messenger gets update; now chat in Hindi

Yahoo Messenger will now support Hindi and five other non-English languages in order to help bridge the language gap and create personalised experiences for its users, tech giant Yahoo announced on Tuesday.

Apr 12, 2016, 17:24 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

Yahoo to allow proxy access for board nominations

Yahoo Inc will allow investors who have held stake of at least 3 percent in the struggling Internet company for a minimum of three years to nominate directors to its board.

Mar 31, 2016, 09:20 AM IST