International Finance

Tag : Verizon

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Business Leader of the Week: Under Dan Schulman, Verizon navigates slowing subscriber growth

International Finance Business Desk
Dan Schulman's appointment, along with the latest market results, will certainly ease investor concerns that Verizon is losing ground to rivals T-Mobile, AT&T and low-cost cable providers...
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...