Articles about verizon

Skull and Crossbones in the cloud

Big Blue to buy Verizon's cloud

In February 2016 Verizon told The Register it “remains committed to delivering a range of cloud services for enterprise and government customers and is making significant investments in its cloud platform in 2016." And today it announced IBM will acquire its cloud and managed hosting business, for an undisclosed sum. Verizon …
Marissa Mayer

Yahoo!'s Marissa! will! eject! with! $186m!.. $185m!.. $184m!..

When Yahoo! boss Marissa Mayer leaves the merged Verizon-AOL-Yahoo! behemoth, as is expected soon, she'll walk away with stocks and cash today worth $186m. In paperwork submitted to America's financial watchdog on Monday, Yahoo! revealed that its CEO, who presided over its plunge into obscurity, owns 4,492,286 shares of stock …
Shaun Nichols, 25 Apr 2017

For the first time ever, Verizon sheds subs: 300,000 punters walk out

Verizon today turned in financial results of a nightmare first quarter of 2017 that saw the nation's top wireless carrier shed more than 300,000 postpaid subscribers. This marks the first time Verizon has ever recorded a net loss in customer subscriptions at the end of a quarter, an ominous sign for a telco that has made …
Shaun Nichols, 20 Apr 2017
Angry man yelling on phone while reading vintage printer paper report. Photo by SHutterstock

Verizon's bogus bills tanked my credit score, claims sueball slinger

A bloke in the US is suing Verizon alleging that a billing blunder left him with bad credit. Travis Combs, of Virginia, is suing the wireless giant for damages and distress, alleging violations of the Fair Credit Reporting Act. He claims that by misreporting his closed account as "delinquent," Verizon has unfairly driven down …
Shaun Nichols, 12 Apr 2017
Oath: logo

Verizon utters solemn Oath: Yahoo! will remain Yahoo!

Logo Watch After a brief social media flurry, Yahoo! has spiked speculation that it's about to lose its name. The errors started with Business Insider, where “there's going to be a new name after the acquisition” speculation was given wings by a perhaps-badly-timed Tweet from AOL CEO Tim Armstrong launching a brand called "Oath:" to …
Marissa Mayer photo via Shutterstock

Marissa! Mayer! out! as! CEO! of! Yahoo! corpse! post-Verizon! gobble!

Marissa Mayer won't lead the remains of her beleaguered Yahoo! once telco giant Verizon gobbles up its core assets, it was announced Monday. Verizon is in the process of acquiring Yahoo!'s star components, such as Y! Mail and Y! Finance, a move that will leave behind a shell biz called Altaba. Today it was confirmed Mayer will …
Kat Hall, 13 Mar 2017

Public IPv4 drought: Verizon Wireless to stop handing out static addys

Verizon Wireless will soon stop issuing public static IPv4 addresses to its business customers “due to a shortage of available addresses.” Instead, it will dish out persistent prefix IPv6 addresses. If you're a Verizon customer and you need a static public address for an IPv4-only device, you'll have to replace that hardware …
Simon Sharwood, 10 Mar 2017

$350m! shaved! off! sale! price! as! Verizon! swallows! Yahoo!

Yahoo! will be gobbled by Verizon for $4.48bn, $350m cheaper than the initial deal, apparently due to the damage done to the company's value by widely reported successful cyber-attacks. Verizon slashed its acquisition offer in the wake of Yahoo! confessing to cyber-attacks, and the companies will now share the liability for …
Cloud moving at a snail's pace

Comcast lied and now it must STFU: Its cable broadband is not 'the fastest' in the US

Lying Comcast will no longer be able to advertise its cable internet service as the "fastest" following a decision from the US National Advertising Review Board. The ads watchdog issued a "recommendation" that the alternate-fact-spreading cable giant stop telling Americans that its cable and Wi‑Fi internet services offer the …
Shaun Nichols, 9 Feb 2017
Yahoo! billion-record breach notice email

Yahoo! boo! hoo! hoo!: Verizon! hits! brakes! on! $4.8bn! biz! gobble!

Yahoo!'s sale to Verizon has been delayed, following revelations last year of historical data security breaches. News of the deferral of the $4.8bn Verizon deal came as Yahoo! released its Q4 earnings results on Monday. "Yahoo! had previously stated that it expected to close the transaction in Q1," it said. "However, given …
John Leyden, 24 Jan 2017
Verizon corporate building

Verizon waves its IoT credentials, boasts of adopting US-centric one

American telco Verizon reckons it's got a shot at being the next big Internet of Things player and might be eyeing up the NHS, the company's pet evangelist told IoT Tech Expo in London this morning. "We are already deploying Cat M1 LTE," David Vasquez announced. Explaining how Verizon's preferred alternative to Sigfox, LoRa …
Gareth Corfield, 24 Jan 2017

Is! Yahoo! dead?! Why! web! biz! will! rename! to! Altaba! – the! truth!

Marissa Mayer, the CEO of perennial drain-circler Yahoo!, will step down from its board of directors, along with five other members, after Verizon finishes gobbling up most of the internet portal. And once the acquisition is over, the remaining carcass of Yahoo! will change its name to Altaba Inc. In an SEC filing today, …
Iain Thomson, 10 Jan 2017
Verizon workers on the picket line

Verizon is gonna axe its 'unlimited' data hogs

Verizon is kicking heavy downloaders and streamers off their "unlimited" not-actually-unlimited mobile plans. Subscribers who average more than 200GB of data downloaded per month have been told they have until February 16 to either move to a different plan or find a new carrier. It's believed atleast 8,200 customers have been …
Shaun Nichols, 9 Jan 2017
Photo by Magnus Höij

Cancel! that! yacht! order! Marissa! – Verizon's! still! cold! on! Yahoo! gobble!

A Verizon executive is once again casting doubt on the telco giant's $4.8bn bid to acquire Yahoo! Speaking at an investor conference in Las Vegas today, executive vice president Marni Walden said of the deal, "Unfortunately, I can't sit here today and say with confidence one way or the other because we still don't know." The …
Shaun Nichols, 5 Jan 2017
fail

Florida Man sues Verizon for $72m – for letting him commit identity theft

A Florida inmate is suing Verizon Wireless after he used one of the telco's stores to commit identity theft. James Leslie Kelly, who is serving a prison term in the US state for grand theft and criminal use of personal information, is seeking $72m in damages from the telecom giant. He claims a Verizon shop in Highlands County …
Shaun Nichols, 4 Jan 2017

A-Oh-Well: Internet corpse sheds 500 workers

AOL, best known for being your parents' old ISP, is laying off 500 workers. The dial-up giant-turned-content-network will be shedding around 5 per cent of its total workforce as part of an effort to cull the ranks of its corporate operations. Multiple reports suggest that AOL CEO Tim Armstrong has been pitching the layoffs as …
Shaun Nichols, 17 Nov 2016

US investment 'heroes' are the people you love to hate

Which corporations invest most in the USA? A ranking by the favourite think-tank of the Democratic Party leadership might leave the Party's net roots choking on their muesli. The Progressive Policy Institute has ranked US corporations by the amount they invest in the country, and excluded financial companies from the list. It’ …
Andrew Orlowski, 11 Oct 2016
A burning dumpster

Half! a! billion! Yahoo! email! accounts! raided! by! 'state! hackers!'

Updated Hackers strongly believed to be state-sponsored swiped account records for 500 million or more Yahoo! webmail users. And who knew there were that many people using its email? The troubled online giant said on Thursday that the break-in occurred in late 2014, and that names, email addresses, telephone numbers, dates of birth, …
Iain Thomson, 22 Sep 2016

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