0
Broadband

Yahoo will be renamed Altaba, with new CEO

Tuesday 10 January 2017 | 08:47 CET | News
Yahoo will be renamed Altaba after the sale of its web assets to Verizon for USD 4.83 billion, the company said in an SEC regulatory filing, adding that CEO Marissa Mayer and five other directors will step down.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Alibaba / Verizon / Yahoo / Yahoo Japan
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Altaba to sell Alibaba shares and wind down company

Published 04 Apr 2019 12:33 CET | China
Altaba, the successor company to Yahoo after it sold its media activities to Verizon, announced plans to liquidate the company. ...

US federal judge rejects Yahoo's settlement for security breach

Published 30 Jan 2019 14:00 CET | United States
A US federal court has rejected Yahoo's proposed settlement of USD 50 million in damages for the security breach disclosed in ...

Altaba to pay USD 47 mln to settle Yahoo breach litigations

Published 17 Sep 2018 15:20 CET | World
Altaba, the remaining holding company for Yahoo, has sent a letter to its shareholders, saying it has reached an agreement in ...

Altaba fined USD 35 mln by SEC for late Yahoo data breach disclosure

Published 25 Apr 2018 08:27 CET | United States
The US Securities and Exchange Commission has fined Altaba, the company formerly known as Yahoo!, USD 35 million for failing to ...

All 3 billion Yahoo accounts affected by 2013 breach - Verizon

Published 04 Oct 2017 08:59 CET | World
Yahoo's new parent Verizon has revealed that every single customer account was likely affected by the August 2013 data breach at ...

Altaba confirms USD 3.4 bln share buy-back

Published 23 Jun 2017 10:57 CET | United States
Altaba confirmed it bought back a total of USD 3.4 billion worth of shares, including any greenshoe, during its modified "Dutch ...

Altaba buys back USD 3.4 bln worth of shares

Published 20 Jun 2017 09:36 CET | United States
Altaba, formerly part of Yahoo, has announced the preliminary results of its modified "Dutch auction" self-tender offer to ...

Oath, Altaba start new life as Verizon closes Yahoo buy

Published 14 Jun 2017 09:17 CET | United States
Verizon Communications has completed its acquisition of Yahoo's web assets for USD 4.48 billion. The operations have been ...

Verizon to rename merged AOL, Yahoo as 'Oath'

Published 04 Apr 2017 13:33 CET | World
Verizon Communications will this summer introduce Oath, a new division that will combine its AOL unit with Yahoo's internet ...

US to charge four hackers in Yahoo data breach - report

Published 15 Mar 2017 09:27 CET | United States
Officials at the US Department of Justice are about to indict four people in connection with the online security breaches at ...

Yahoo names new executive team for Altaba

Published 14 Mar 2017 08:49 CET | World
Yahoo, to be renamed Altaba, will be led by Thomas McInerney after the sale of its web assets to Verizon for USD 4.48 billion, ...

Verizon secures price cut in Yahoo! takeover

Published 21 Feb 2017 16:22 CET | World
Verizon has secured a reduction of USD 350 million in the price it will pay for Yahoo's web business, while agreeing to share ...

Verizon secures cut in Yahoo! takeover price - report

Published 16 Feb 2017 09:11 CET | United States
Verizon is close to a renegotiated deal for Yahoo! that would reduce the price of the USD 4.8 billion takeover by about USD 250 ...

Yahoo lifts revenues, profit in Q4, delays Verizon close

Published 24 Jan 2017 08:45 CET | World
Yahoo said revenues for the fourth quarter lifted to USD 1.469 billion from 1.273 billion the year before, with the net result ...

Verizon wants to pay USD 1 bln less for Yahoo - report

Published 07 Oct 2016 09:14 CET | World
Verizon has reportedly asked for a discount of USD 1 billion off its bid price of USD 4.83 billion for Yahoo, following the ...

Yahoo! confirms over 500 mln users' data hacked

Published 23 Sep 2016 08:24 CET | World
Yahoo! has confirmed that details of over 500 million of its users' accounts were stolen by what it believes was a ...

Verizon confirm takeover of Yahoo web assets for USD 4.8 bln

Published 25 Jul 2016 13:22 CET | World
Verizon has confirmed a deal to acquire Yahoo!'s web activities for USD 4.83 billion in cash. The acquisition sees Verizon expand ...