Tag: Yahoo
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Verizon takes over Yahoo for $4.48 billion, as CEO Marissa Mayer steps down
Verizon has taken over Yahoo, completing a $4.5 billion deal that will usher in a new management team to attempt to wring more advertising revenue from one of the Internet’s best-known brands. Tuesday’s closure of the sale ends Yahoo’s 21-year history as a publicly traded company. It also ends the nearly five-year reign of Yahoo…
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Web giant, Yahoo Inc. goes into extinction
Early web giant, Yahoo Inc., is following the path of AOL into extinction as Verizon Communications Inc. has confirmed concluded plans to acquire the once-loved-by-all tech firm for $4.8 billion in July, in an acquisition that will see the firm’s name changed to Altaba. Yahoo confirmed the development on Monday saying it will whittle down…
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Verizon to buy Yahoo internet business, rename it Altaba
Yahoo Inc said that it would rename itself Altaba Inc and Chief Executive Officer Marissa Mayer would step down from the board after the closing of its deal with Verizon Communications Inc (VZ.N). Yahoo has a deal to sell its core internet business, which includes its digital advertising, email and media assets, to Verizon for…
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S-Court throws gavel at Facebook, others for sexual offence, cybercrime videos
The Supreme Court of India on Monday sought responses from three Internet search engines and social networking site, Facebook, on a plea that sought curbs on sharing of videos related to sexual offences and cybercrime. A bench of Justice Madan B. Lokur and Justice Uday Umesh Lalit sought responses from Google India, Yahoo India, Microsoft…