Yahoo

Stories 1 - 20 |  Next >>

It's Official: Yahoo Is No More

CEO Marissa Mayer posts a goodbye letter

(Newser) - It's official: Verizon has snatched up Yahoo in a long-anticipated $4.48 billion deal completed Tuesday that will see Yahoo CEO Marissa Mayer exit with a healthy payout. Mayer will walk away with $23 million, plus stock holdings worth $200 million, report Variety and CNBC . In a "goodbye... More »

Here, Interns Can Earn $96K a Year

Facebook's interns are a lucky bunch

(Newser) - Contrary to popular belief, it is possible to keep a rewarding internship and a roof over your head . If you're prepared for a fight, you can find a great internship that also pays well—$8,000 per month in the case of Facebook. Here are the companies offering the... More »

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 »

2 Russian Spies, 2 Hackers Behind Yahoo Hack: Reports

Sources say they're to be indicted Wednesday by Justice Department

(Newser) - The Justice Department is set to make a big announcement Wednesday about the massive 2014 Yahoo data breach, which affected 500 million users : the indictment of Dmitry Dokuchaev and his boss Igor Sushchin, both Russian spies from the Federal Security Service intelligence agency, as well as Russia-hired hackers Alexsey Belan... More »

New Male Yahoo CEO to Get Double Mayer's Salary

Thomas McInerney will also have a simpler job

(Newser) - If Yahoo's sale of most of its business to Verizon goes through, the man hired to run what little remains of the company will receive double the salary of female predecessor Marissa Mayer, according to an SEC filing. Board member Thomas McInerney will receive $2 million base pay, twice... More »

Marissa Mayer Likely Getting $23M Severance

According to new filing cited by CNNMoney

(Newser) - When Yahoo's sale to Verizon is complete, Marissa Mayer will likely walk away with a $23 million severance package, CNNMoney reports, citing a company filing. The package is contingent on the sale and on Mayer, who will lose her job as Yahoo's CEO, being terminated without cause. It'... 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 »

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 »

First Data Theft, Now a Threat to National Security: Report

Stolen data from Yahoo involved more than 150K accounts of government workers, military: Bloomberg

(Newser) - Yahoo announced Wednesday that hackers lifted info from more than 1 billion accounts —said to be the largest single data breach ever of an email provider—and more bad news emerged later that day about who some of the account owners were. Per Bloomberg , upward of 150,000 military... More »

Yahoo Knew About 'State-Sponsored' 2014 Hacks: SEC Filings

At least some staff knew of massive data breach

(Newser) - Yahoo "identified that a state-sponsored actor had access to the company’s network in late 2014," the company reported in SEC filings related to its proposed $4.8 billion acquisition by Verizon. The disclosure directly contradicts Yahoo's previous claims that the breach was only discovered in August,... 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 »

To Stave Off Exodus, Yahoo Blocks Email Forwarding

The timing is 'extremely suspicious'

(Newser) - Yahoo just made it harder for users to switch providers after some 500 million accounts were hacked and reports surfaced that the company perused user emails for the NSA . Users say the company disabled automatic email forwarding at the start of the month so that anyone hoping to send received... More »

Yahoo Exec Claims He Was Fired Because He Was Male

The hits just keep coming for Marissa Mayer's company

(Newser) - Embattled Yahoo CEO Marissa Mayer has been sued over allegations she deliberately favored women over men, the San Jose Mercury News reports. Scott Ard claims his 2015 firing from Yahoo's media department was motivated by his gender, and Meyer's wish to see more women in leadership positions within... More »

Yahoo Created Custom Surveillance Software for the NSA: Reuters

Chief Information Security Officer Alex Stamos left the company in protest: sources

(Newser) - Yahoo CEO Marissa Meyer secretly ordered email engineers to write surveillance software for the NSA, Reuters revealed today, citing information from three former Yahoo employees and another person aware of the events. The software was designed to analyze all incoming e-mail messages for a certain phrase or string of characters,... More »

What Yahoo Users Should Do After Biggest Hack Ever

Might be time for 2-step authentication if not in place already

(Newser) - Yahoo broke the news to half-a-billion users Thursday that hackers breached its system and thus might know their passwords, security questions, phone numbers, and dates of birth. Yes, that's a "b" as in billion, making this the largest data breach ever, notes CNET . The company is blaming "... More »

Yahoo: Actually, 500M Accounts Got Hacked

Breach is described as 'widespread and serious'

(Newser) - Yahoo is confirming what Recode describes as a "widespread and serious" data breach affecting 500 million users. Yahoo blames "state-sponsored actors" for the personal data that was stolen in 2014 but only recently discovered to have been stolen, the AP reports. Yahoo had previously been expected to confirm... 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 »

Marissa Mayer Lashes Out at 'Gender-Charged' Reporting

'It's a shame'

(Newser) - Marissa Mayer says coverage of her four years at the helm of Yahoo has been "gender charged." "We all see the things that only plague women leaders, like articles that focus on their appearance, like Hillary Clinton sporting a new pantsuit," she tells the Financial Times ... 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 »

Stories 1 - 20 |  Next >>

AROUND THE WEB