Yahoo to Become ‘Altaba’ After Verizon Deal
The new name reflects Yahoo's transformation from an internet giant to "essentially a vehicle" for holding a 15% stake in Alibaba.
Yahoo Says Hacker Stole Data of 500M Users
The largest data breach ever of a single company's network may have “far-reaching implications” for consumers and Yahoo's takeover by Verizon.
CFOs on the Move: Week Ending Sept. 9
Verizon, Cooper Cos., Orchids Paper Products, Liberty Media, Ferro, Command Center, DJO Global, Lithium Technologies
Slew of Deals Announced
It was an active Monday for acquisitions, with four large deals announced, including Verizon's $4.8 billion agreement to acquire Yahoo.
Verizon Users Get Higher Rates, More Data
While the wireless carrier will charge more for service under its new plans, the average price per gigabyte of data will fall.
The Longest Cash Cycle
Can the asset-backed security market cure wireless carriers' elongated cash cycle and ballooning working capital requirements?
Ransomware Seen as Growing Cyber Threat
But the largest source of data breaches was still 'miscellaneous errors,' including improper disposal of company information and misconfigured systems.
Yahoo Says Sale of Core Assets a ‘Top Priority’
The company posted a first-quarter loss but CEO Marissa Mayer said it had made "substantial progress towards potential strategic alternatives."
Verizon Fined $1.3M Over Use of ‘Supercookies’
The FCC says the largest U.S. cell provider failed to disclose it was injecting tracking code into web traffic to serve advertisers.
Is Verizon Interested in Yahoo Internet Businesses?
CFO Fran Shammo says Verizon will look into it if there's a strategic fit and value can be added.
Data Breach Costs Climb to Average of $3.8M
Ponemon Institute study finds costs are rising in part because criminal cyberattacks are becoming more frequent.