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Finance Hack News

Yahoo sale price discounted by $250 million in wake of hacks

You pay less if the item you’re buying has a couple of dings on it. Verizon is apparently close to purchasing Yahoo’s Internet properties for roughly $4.8 billion, a price that includes a $250 million discount after the revelation of security breaches at the web company. Sources close to the store cited the discounted price […]

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News Software

Yahoo to transition name to “Altaba”, Mayer to step down as CEO following Verizon acquisition

It’s the end of an era. Yahoo, which is currently in the midst of an acquisition by Verizon and following a pair of data breaches that exposed the information of over 1 billion customers, revealed via a new regulatory document filed today shows that Verizon’s acquisition of the company is moving closer to completion. Following […]