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Marissa Mayer Could Walk With $186M

Filings suggest she will make at least that much

(Newser) - Her years in charge of Yahoo haven't been what you would call an unqualified success, but Marissa Mayer still stands to make $186 million if the company's sale to Verizon goes ahead June 8. That figure includes the CEO's Yahoo stock, stock options, and restricted stock units... More »

Internet Pokes Fun at Name for Combined AOL-Yahoo

It's a 'special kind of bad'

(Newser) - If you merge the letters from AOL and Yahoo, take a few away, and add a "t," you have Oath, which is what Verizon is planning to call a new entity combining the two companies after its acquisition of Yahoo is complete. "Billion+ Consumers, 20+ Brands, Unstoppable... More »

Verizon Getting 7% Discount on Yahoo After Massive Hacks

The deal, now worth $4.48B, is still on

(Newser) - Seven months ago, Verizon agreed to buy Yahoo for $4.83 billion, the AP reports. Since then, Yahoo has revealed itself to have been the victim of the two biggest data breaches ever, resulting in information from more than a billion users being stolen. According to the Washington Post , experts... More »

AT&T Joins All Its Rivals With an Unlimited Plan

For an individual, it's pricier than the others

(Newser) - AT&T says any cellphone customer can sign up for unlimited data plans starting Friday, a change that comes just days after Verizon announced a similar move and Sprint and T-Mobile beefed up their offerings. All four major cellphone providers now offer unlimited plans, a major reversal from a few... More »

Verizon Does U-Turn on Unlimited Data

Firm offers new package for $80 per month

(Newser) - Unlimited data plans are back in style: Verizon, which scrapped its unlimited plans in 2011, is rolling out a new unlimited plan Monday, with data, calls, and texting starting at $80 per month or $45 for each line in a four-line family plan. As with many of today's "... More »

Marissa Mayer Will Exit Yahoo Board if Verizon Deal Goes Through

Yahoo will also change its name to Altaba Inc. if deal is done

(Newser) - Yahoo will adopt a new corporate identity and slash the size of its board if the proposed $4.8 billion sale of its digital services to Verizon Communications goes through, the AP reports. The company plans to change its name to Altaba Inc. after it turns over its email, websites,... More »

Verizon Wants 'Major Concessions' From Yahoo: Reports

It still might abandon the deal, add sources

(Newser) - Verizon is still interested in acquiring Yahoo after the largest data breach at an email provider—just not at the price initially agreed upon, a source tells Bloomberg . Verizon, which agreed to pay $4.8 billion for Yahoo in July, has a team exploring the possibility of a lower sale... More »

Email Hack Could Keep Verizon From Buying Yahoo

Or at least Verizon may want some of its money back

(Newser) - It seems Verizon might be reconsidering its agreement to pay $4.8 billion to acquire Yahoo after the latter revealed last month that 500 million of its email accounts had been hacked, Reuters reports. Verizon had signed a deal to buy Yahoo in July, but a clause in the agreement... More »

You'll Soon Be Able to Buy a Data Plan for Your Drone

Verizon is launching the service in 2017

(Newser) - Starting next year, Verizon will be selling data plans for drones, the Wall Street Journal reports. But what seems semi-ridiculous at first glance may actually be a useful tool. In an announcement Thursday, Verizon says companies could use drones connected to its LTE wireless network to monitor things like wildfires... More »

Huffington Post Loses Its Huffington

Arianna Huffington is launching a health-related venture soon

(Newser) - The Huffington Post will soon be without its namesake. Arianna Huffington is leaving the site she founded 11 years ago, reports the Wall Street Journal . The 66-year-old says she will devote all her time to a new health venture, Thrive Global, that launches in November. (Huffington of late has become... More »

What the $4.83B Yahoo Deal Gets Verizon

A chance to stand a little taller among giants

(Newser) - In its confirmation of Verizon's purchase of Yahoo's web assets , announced Monday morning, the Wall Street Journal describes it as a "remarkable fall" for Yahoo, once valued at more than $125 billion and now plucked up for less than 4% of that—$4.83 billion in cash.... More »

Verizon to Buy Yahoo for $4.8B

An announcement is expected Monday

(Newser) - Verizon will acquire Yahoo—once valued at more than $125 billion—for $4.8 billion, a source tells the Wall Street Journal . An official announcement of the deal, which will end an auction process that began five months ago, is expected Monday. The WSJ calls the deal "a remarkable... More »

'Can You Hear Me Now' Guy Is Back—but Not for Verizon

Paul Marcarelli is now doing ads for Sprint

(Newser) - Sprint's newest ads feature a familiar face—and the company is hoping that consumers hear what he's saying loud and clear. "Hey, I'm Paul, and I used to ask, 'If you could hear me now with Verizon?' Not anymore," former pitchman Paul Marcarelli says... More »

Among Would-Be Yahoo Buyers, a Clear Front-Runner

Other contenders have been dropping out, sources say, leaving Verizon at the top

(Newser) - Monday is the deadline to submit preliminary bids to buy Yahoo, and interest hasn't been as strong as expected, sources say. Insiders tell the Wall Street Journal that Google parent company Alphabet, AT&T, Time, and Comcast are among those who have decided against putting in bids for the... More »

Will Massive Verizon Strike Impact Customers?

Company says no; workers say yes

(Newser) - As approximately 36,000 Verizon workers went on strike Wednesday, the company promised its customers would be largely unaffected, the New York Times reports. And while the striking workers are largely employed in the company's wireline division—as opposed to its much larger wireless division—the Times states "... More »

Massive Hack Hits Verizon Business Unit

Cyber thieves are trying to sell the data

(Newser) - If you're a Verizon business customer, beware: The contact information for 1.5 million Verizon Enterprise customers has been stolen, according to cybersecurity blogger Brian Krebs. Sources tell KrebsOnSecurity that "a prominent member of a closely guarded underground cybercrime forum" offered all 1.5 million records for sale... More »

Netflix Has Kept a Mobile Video Secret for 5 Years

It's been throttling video for AT&T and Verizon customers

(Newser) - Notice Netflix isn't as pretty on your smartphone as on your TV? Don't blame your wireless carrier. Netflix says it caps its video streams at 600 kilobits per second—meaning videos are shown at a lower quality—on many carrier networks, including AT&T and Verizon, to prevent... More »

Couple Fighting With Verizon Over $2M Bill

Verizon blames glitch, but pair's mortgage company won't sign off on a loan

(Newser) - Nobody likes dealing with bills. Especially really big, incorrect bills. But one couple in Oregon is facing not just a comically large cell phone bill—$2 million for one month of service—but the urgent need to take care of it so that they can qualify for the mortgage on... More »

Major ISPs Cheating Us on Internet Speeds We Pay For

Nation's largest ISPs slowing down networks affecting 75% of wireline households

(Newser) - Thanks to new FCC rules put out this year to ensure net neutrality and keep all online data equal, major Internet service providers (think Verizon, AT&T, Time Warner) aren't supposed to hold our Internet speeds hostage. But that's exactly what's happening, per a study by an... More »

Verizon Buying AOL for $4.4B

Telecom giant wants smaller company's expertise in digital video

(Newser) - AOL is getting involved in another major merger, surely hoping it ends better than last time . This time it's Verizon, not Time Warner, with the telecom giant announcing plans to buy AOL for $4.4 billion, reports CNBC . For Verizon, it's all about the push for growth in... More »

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