The telecom giant said it would build the tool into its 5G offering.
The blogging site was inherited as part of Verizon’s 2017 acquisition of Yahoo, which bought Tumblr in 2013 for $1 billion.
Each year dozens of shareholder proposals seek to quash potential conflicts of interest by calling for an independent chair. But they hardly ever pass.
The $6 billion deal could be a harbinger of more such asset de-risking moves by other defined-benefit plan sponsors.
The new revenue recognition rules demand tight teamwork between pricing and revenue teams.
A shifting economic and regulatory environment is driving increased pension risk transfer activity.
D&O insurance will become more and more valuable to fend off shareholder-driven cyber litigation.
With a $3.1 billion offer for the spectrum owner, Verizon "now has all of the pieces in place to quickly accelerate the deployment of 5G."
Thomas McInerney will serve as CEO of the new Altaba company while Alexi Wellman will be its finance chief.
The revised sale reflects the diminished value of Yahoo's core business in the wake of two massive security breaches.
Cyber is a relatively new dimension of M&A risk that organizations are only now beginning to grasp.
The subscriber growth of rivals T-Mobile and Sprint, which offer unlimited data plans, is creating "a competitive challenge" for Verizon.
