Last year in July, Verizon announced to acquire Yahoo’s core internet business for $4.8 billion in cash. However, this landmark deal was nearly derailed when Yahoo admitted of two devastating…
Verizon Asks for $250 Million Discount, Because Yahoo Lied
The Yahoo-Verizon deal is still on, even after the revelation of major security breaches in Yahoo’s network. However, Verizon is now asking for a discount of around $250 million USD….
Yahoo renamed Altaba, CEO Marissa Mayer to Leave the Company
In a regulatory filing yesterday, Yahoo has disclosed that it would rename itself Altaba Inc after closing the deal with Verizon. Yahoo’s troubled CEO Marissa Mayer would also step down…