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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,...

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...

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...

Yahoo Says Hackers Stole Info From Over 1B Accounts

It's believed to be largest data breach ever at an email provider

(Newser) - Yahoo says it believes hackers stole data from more than 1 billion user accounts in August 2013, in what is thought to be the largest data breach at an email provider, the AP reports. The company was also home to what's now most likely the second largest hack in...

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,...

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...

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...

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...

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,...

What Yahoo Users Should Do After Biggest Hack Ever
What Yahoo Users Should Do
After Biggest Hack Ever
the rundown
Sep 23, 2016 8:32 AM CDT

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 "...

Report: Yahoo to Confirm Hack of 200M Accounts
Yahoo: Actually,
500M Accounts
Got  Hacked
UPDATED
Sep 22, 2016 3:03 PM CDT

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...

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...

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 ...

What the $4.83B Yahoo Deal Gets Verizon

 What the $4.83B 
 Yahoo Deal 
 Gets Verizon 
the rundown
Jul 25, 2016 7:25 AM CDT

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....

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...

Buffett's Rare Tech Foray Gives Boost to Apple

Turns out the Oracle of Omaha owns $1B in Apple stock

(Newser) - Apple is having a good day, its stock rising about 3% after a slump blamed on slowing iPhone sales. The reason for the uptick? Look to Warren Buffett, whose Berkshire Hathaway company shrugged off a general aversion to tech stocks and disclosed a $1.1 billion stake in Apple, reports...

2 Big Names Join Forces in Bid to Buy Yahoo

Quicken Loans founder/Cleveland Cavaliers owner Dan Gilbert and Warren Buffett

(Newser) - The second round of bidding for Yahoo is underway, and a couple of bidders are getting an outsize amount of attention: what the New York Times terms the "unusual" pairing of Quicken Loans founder/Cleveland Cavaliers owner Dan Gilbert and Warren Buffett. (Though maybe not so unusual: CNBC reports the...

Yahoo's Marissa Mayer Could Get $55M Parachute

And shareholders aren't necessarily happy about it

(Newser) - Marissa Mayer has failed to stop Yahoo's downward spiral during more than three years with the company, so obviously the CEO is slated to receive a massive severance package worth $55 million, the AP reports. That information comes from a regulatory filing Friday and includes both stock and cash,...

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...

Bad News for Guy Tied for First in $50K NCAA Contest

He's doing really well in his bracket picks, except ... he forgot to choose a winner

(Newser) - Deadspin's "oh noooooo" is probably the best way to express the sad tale of James Kiki. The resident of Syracuse, NY—and refugee from South Sudan—decided to enter Yahoo's bracket contest for the NCAA basketball tournament, making his picks for the $50,000 grand prize,...

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