Verizon Takes Over Yahoo To Complete $4.5 Billion DealVerizon 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.
Major Layoffs Loom For AOL and Yahoo, Report SaysCiting anonymous sources, Recode has reported that AOL and Yahoo are about to make over 1,000 layoffs.
Verizon Beats AT&T In Straight Path Bidding WarVerizon is buying Straight Path Communications for about $3.1 billion, ending a bidding war with AT&T over the wireless licenses company. AT&T previously said that it would buy Straight Path Communications for $1.6 billion.
House Sends Bill To Trump Blocking Online Privacy Regulation Congress has sent President Donald Trump legislation that would kill an online privacy regulation. That move could eventually allow internet providers such as Comcast, AT&T and Verizon to sell the browsing habits of their customers.
Senate Votes To Undo Privacy Rules That Protect User DataThe Republican-led Senate has voted to undo Obama-era regulations that would have forced internet service providers like Comcast and Verizon to ask customers' permission before they could use or sell much of their personal information.
YouTube Losing Advertisers Over Distasteful VideosSeveral major advertisers are suspending their marketing campaigns on YouTube after discovering that their brands have been appearing alongside videos promoting terrorism and other unsavory subjects.
Verizon Wanted $925 Million Discount For Yahoo!Verizon demanded a $925 million discount on its acquisition of Yahoo!'s online services to help offset the damage from the biggest data breaches in internet history. It ultimately settled on a $350 million concession.
Yahoo Salvages Verizon Deal With $350 Million DiscountYahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts.
Verizon Latest Carrier To Return To Unlimited Cell PlansVerizon is the latest mobile carrier to bring back unlimited plans, but its version is pricier than offerings from rivals T-Mobile and Sprint.
Yahoo! To Change Name If Verizon Deal Gets DoneYahoo! 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 goes through. The company's new name would be Altaba.
Verizon Says Yahoo! Data Breach Had "Material" ImpactVerizon's top lawyer said that the company now has reason to believe that the recently disclosed Yahoo! data breach has a "material" impact on Verizon's pending $4.8 billion acquisition deal.
Verizon: Call Records Of 'Fewer Than 500' Customers BreachedA Verizon Wireless spokeswoman says it appears that "fewer than 500 customers" had their private information accessed in 2014 in a federal computer breach case involving a former technician.