Saturday, Aug 8, 2020
International Finance

Tag : Verizon

Fintech

Yahoo reveals world’s biggest data breach

International Finance Desk
Happened in 2014 and at least 500 million users were affected IFM Correspondent September 23, 2016: Yahoo, the California-based tech giant, on Thursday said personal information of at least 500 million users was stolen in an attack on its accounts in 2014. The attacker was a ‘state-sponsored actor’, and stolen information may include names, e-mail...
Fintech

Verizon to buy Yahoo for $4.8 billion

Yahoo to sell its email service, news, sports in addition to its advertising tools IFM Correspondent July 25, 2016: Yahoo’s board has agreed to sell the company’s core internet operations and land holdings to Verizon Communications for $4.8 billion. After the sale, Yahoo shareholders will be left with about $41 billion in investments in the...
Fintech

Bids for Yahoo lower than expectation

FM Correspondent The figures in the ongoing auction process are not going beyond $3 billion May 23, 2016: It is not-so-good news for Yahoo. Bids for the net company may not be as high as it would have hoped for. Verizon, which has been a favourite in the ongoing auction process, is expected to offer...
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Yahoo not ready to reveal details on bids

Reports first quarter earnings; results in line with analysts’ expectations IFM Correspondent April 20, 2016: Yahoo on Tuesday announced its first quarter earnings which were better than what Wall Street had estimated. The company posted adjusted first quarter earnings per share of 8 cents, compared to 15 cents per share in previous year.  Gross revenue...
Fintech

Is anyone keen on Yahoo earnings?

What will be of interest will be some sort of news on the bidders’ front IFM Correspondent April 19, 2016: Yahoo is all set to announce its first quarter earnings on Tuesday April 19. But perhaps, this is the first time in its history that not many will be keen on its top line or...