Verizon to Take $4.6B Writedown on Media Unit
After spending $8.9 billion to acquire Yahoo and AOL, the telecom giant is reducing the goodwill value of its media brands to only $200 million.
Pull an Uber and Disclose your Data Breach, Now
Uber's concealment of the breach increased the cyber risk of drivers and customers, as well as the potential loss of trust from investors and governments.
Yahoo: The End of an Internet Giant
The assets left over after the the Verizon Communications purchase are now part of a holding company called ‘Altaba.’
‘Wannacry’ Spotlights Need for Cyber Liability Coverage
D&O insurance will become more and more valuable to fend off shareholder-driven cyber litigation.
Yahoo Names Leaders of Post-Sale Company
Thomas McInerney will serve as CEO of the new Altaba company while Alexi Wellman will be its finance chief.
Verizon Gets $350M Discount on Yahoo Deal
The revised sale reflects the diminished value of Yahoo's core business in the wake of two massive security breaches.
Verizon’s Wake-up Call: Cyber Diligence in M&A
Cyber is a relatively new dimension of M&A risk that organizations are only now beginning to grasp.
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.
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.