Tag Archives: Yahoo

The New York Times reports: Verizon Communications, signaling that it has given up on its media business, said on Monday that it agreed to sell Yahoo and AOL to the private equity firm Apollo Global Management for $5 billion. The transaction is the latest turn in the history of two of the internet’s earliest pioneers. Yahoo used to be the …

Ars Technica reports: Yahoo Answers is shutting down on May 4, 2021, the Verizon-owned Yahoo announced this week. The 16-year-old question-and-answer service will enter read-only mode on April 20, preventing users from posting new questions or answering other users’ questions, Yahoo said.  The shutdown announcement prompted anger from people asking if Yahoo Answers is being “shut to silence conservatives” and …

Courthouse News reports: Accusing a digital-media giant of defamation as well as terrorism, former Trump campaign adviser Carter Page argued Friday before the Second Circuit that so-called fake news about him puts his personal safety at risk. “My life has never been the same,” 48-year-old Page told the appeals panel Friday, referring to death threats he says flooded in after …

Billboard Magazine reports: Verizon Communications has recorded a steep goodwill impairment charge on its Oath media division. The telecom giant said on Tuesday that the creation of Oath after it acquired Yahoo for $4.5 billion and merged it with AOL has led to a charge of around $4.6 billion during the fourth quarter of 2018. “The goodwill balance of the …

The Associated Press reports: A New York judge has tossed out a defamation lawsuit brought by a former adviser to President Donald Trump against a media company. Federal Judge Lorna Schofield said Tuesday that the lawsuit against Oath Inc. over a September 2016 Yahoo News article lacked sufficient factual allegations to proceed toward trial. Page filed the lawsuit in Manhattan …

Business Insider reports: When Verizon merges Yahoo with AOL after its acquisition of Yahoo closes, the newly created division will get a new name. And that new name is “Oath,” sources tell Business Insider. In a deal that was first announced last July, Verizon will acquire Yahoo’s core internet business for about $4.83 billion in cash. Yahoo will then be …

The Washington Post reports: The Justice Department announced Wednesday the indictments of two Russian spies and two criminal hackers in connection with the heist of 500 million Yahoo user accounts in 2014, marking the first U.S. criminal cyber charges ever against Russian government officials. The indictments target two members of the Russian intelligence agency FSB, and two hackers hired by …

Via Reuters: Yahoo Inc said on Thursday information associated with at least 500 million user accounts was stolen from its network in 2014 by what it believed was a “state-sponsored actor.” The data stolen may have included names, email addresses, telephone numbers, dates of birth and hashed passwords but may not have included unprotected passwords, payment card data or bank …

Fortune calls it the “saddest $5B deal in tech history.” They write: Yahoo was once the king of the Internet, a $125 billion behemoth as big in its time as Facebook or Google are today. Now it’s being sold to Verizon for comparative chump change. On Monday morning, Yahoo is expected to announce the end of the long process to …

In response to the ongoing RFRA battles, a coalition of over 100 major tech industry corporations has issued a joint statement calling for full federal LGBT anti-discrimination protections. The values of diversity, fairness and equality are central to our industry. These values fuel creativity and inspiration, and those in turn make the U.S. technology sector the most admired in the …

Outsports has the announcement from Yahoo: At Yahoo Sports, we’re always look to guide our readers to the best, most relevant, original content we can. And today I’m happy to welcome the latest addition to our lineup, former NBA player Jason Collins. Jason will provide original video programming for the Yahoo Sports studio including basketball analysis for both the upcoming …

Using a Los Angeles Times database of donations to the 2008 Proposition 8 campaign, stats guru Nate Silver has compiled a list of how the staffers of major Silicon Valley tech companies weighed in with their wallets. The list includes Hewlett-Packard, Intel, Cisco Systems, Apple, Google, Sun Microsystems, eBay, Oracle, Yahoo, Advanced Micro Devices (AMD) and Symantec. I limited the …

JMG reader Cemre Gungor created the above for his Facebook page.

The New York Times reports: The board of Yahoo, the faded Web pioneer, agreed on Sunday to buy the popular blogging service Tumblr for about $1.1 billion in cash, the companies announced Monday, a signal of how the company plans to reposition itself as the technology industry makes a headlong rush into social media. The deal would be the largest …

Seriously, Yahoo? Source.

Tomorrow night after the conclusion of Mitt Romney’s RNC acceptance speech, I’ll be participating in a live webcast sponsored by ABC News Digital. The moderator will be former GLAAD executive director Joan Garry. The discussion will be hosted on Google+ and live-streamed on YouTube and Yahoo. I’m not yet familiar with the other panelists and haven’t looked at how Google …

Yahoo went fishing in the executive offices of rival Google for their new CEO. The appointment of Marissa Mayer, who was employee No. 20 at Google and was one of the few public faces of the company, is considered a surprising coup for Yahoo, which has struggled in recent years to attract top flight talent in its battle with competitors …

It looks like you’re worth about $18/month to Google. Or is per year? Confusing. I’m also not sure where the Twitter revenue even comes from. (Via – Business Insider)

Sen. Kay Hutchinson (R-TX) is running for Texas governor against incumbent Rick Perry and her campaign staff thought it was a good idea to embed thousands of invisible search term meta-tags on her campaign site, including “rick perry gay.” Oh, hilarious! The folks at Google and Yahoo didn’t like that so much and have given Hutchinson the “death penalty,” completely …

Remember ten years ago when Yahoo! paid $4.6 billion for GeoCities? A posting on a Yahoo help page for GeoCities on Thursday said the service was no longer accepting new customers and that it will be closing later this year, with more details about how individuals can save their data coming this summer. The move comes a few days after …