Articles about yahoo

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Yahoo! cleanup! will! cost! Verizon! half! a! billion! bucks!

Verizon says it will have to write off $500m for severance and integration costs on its acquisition of Yahoo! The telco told the SEC it would mark down the $500m charge in its next quarterly report as it cuts unneeded staff and offices and mixes the rest in with AOL. It is believed as many as 2,000 workers will be getting …
Shaun Nichols, 15 Jun 2017
Photo by Christoph Dernbach

Marissa! Mayer! out! as! Yahoo!-Verizon! closes!

Marissa Mayer has officially resigned from Yahoo!, as Verizon's $4.8bn (£3.77bn) gobble of the company closed today. Damage done to the company's value by successful cyber-attacks in 2016 resulted in $350m being cut off the price. The closure of the transaction means Yahoo! as a legal entity is no more. The merged AOL-Yahoo! …
Kat Hall, 13 Jun 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

$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 …
Cookie Monster

Haven't deleted your Yahoo account yet? Reminder: Hackers forged login cookies

Yahoo! is reminding folks that hackers broke into its systems, and learned how to forge its website's session cookies. That allowed the miscreants to log into user accounts without ever typing a password. In warnings emailed out this week, the troubled web biz said accounts were infiltrated in 2015 and 2016 using forged …
John Leyden, 16 Feb 2017
Pennies in a jar. Photo via Shutterstock

Verizon! surprisingly! OK! with! Yahoo! despite! mega-hack!

Verizon will savagely slash its acquisition offer for hacker-ransacked Yahoo! by, wait a minute, just 5.2 per cent, it is claimed. We're hearing that the telecom giant has decided to lower its $4.8bn offer for what remains of the Purple Palace by roughly $250m. According to Bloomberg, the discount will be $250m, while The Wall …
Shaun Nichols, 15 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

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
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
Very colourful For Sale sign (limited offer etc). Photo by Shutterstock

FYI! – Your! hacked! Yahoo! account! is! worth! $0.0003!

The hacked database containing the account details of more than one billion Yahoo! users is reportedly being sold for a meager $300,000. This according to a report by the New York Times, which spoke with researchers at US computer security biz InforArmor. Those eggheads claim to have knowledge of at least three groups – two …
Shaun Nichols, 19 Dec 2016

German infosec agency urges security review after Yahoo! flensing

Germany's Bundesamt für Sicherheit in der Informationstechnik (Federal Office for Information Security or BSI) has warned users to reconsider the security chops of their email providers and plugged local services in response to news a billion credentials were stolen from Yahoo! The oft-raided web concern revealed yesterday …
Darren Pauli, 16 Dec 2016

Security! experts! slam! Yahoo! management! for! using! old! crypto!

Analysis Fallen web giant Yahoo! has been branded negligent for failing to tackle the prodigious challenge of upgrading its MD5 password hashing before some one billion accounts were stolen. The security-battered organisation revealed today that attackers had stolen more than a billion accounts in August 2013 in history's biggest …
Darren Pauli, 15 Dec 2016
Yahoo

Yahoo! says! hackers! stole! ONE! BEELLION! user! accounts!

Yahoo! says hackers have probably stolen details from more than a billion user accounts, including names, addresses, phone numbers, and weakly-hashed passwords in attacks dating back to 2013. Chief information security officer Bob Lord said in a statement that this event is likely a separate haul unrelated to past breaches. " …
Darren Pauli, 14 Dec 2016
USGS earthquake map

How DDN benefits from Japan quake anxiety

Case study Yahoo! Japan has teamed up with DDN Storage and IBM Japan to help it avoid the country's relatively high electricity costs – and run a disaster-recovery backup site on another continent for an earthquake rocks the nation. Yahoo! Japan uses OpenStack Swift storage in a Japan-based data center. DDN reckons there's 50PB of …
Chris Mellor, 8 Dec 2016

Some! at! Yahoo! knew! about! mega-breach! as! early! as! 2014!

Yahoo! knew it had been compromised by a state-sponsored hackers in 2014 despite not publicly disclosing this crucial information until 2016. The disclosure of some internal knowledge prior to public admission of a problem in September 2016 comes from a recent SEC filling, in paragraphs covering the investigation of the …
John Leyden, 10 Nov 2016

Yahoo! halts! email! forwarding! to! outside! email! addresses!

Yahoo! has “temporarily disabled” the ability to forward email from its messaging services. As the Plunging Palace's support page helpfully explains, “Automatic forwarding sends a copy of incoming messages from one account to another.” That page goes on to say the feature is “under development.” “While we work to improve it …
Simon Sharwood, 11 Oct 2016
Image by Daniel Wiedemann http://www.shutterstock.com/gallery-89719p1.html

Yahoo! spymasters! patent! biometric! online! ad! tracking! IRL!

Privacy sell-out Yahoo! has filed patents for roadside billboards outfitted with biometric spy cameras and microphones to collect data from passers-by. The NSA's bed warmer described a billboard that contained video and audio collection capabilities, and even retina scans and speech recognition to determine what viewers are …
Darren Pauli, 9 Oct 2016
An angry man gesticulates at his laptop screen. Photo by Shutterstock

BT Yahoo! customers: Why! can't! we! grrr! delete! our! webmail! accounts!?

BT customers are unable to delete BT Yahoo email services - despite an exodus of users seeking to leave the security-challenged webmail biz. Since allegations arose that Yahoo built an app to enable it to scan all of its users' emails at the request of US intelligence, many users have sought to delete their email accounts. …
Kat Hall, 7 Oct 2016

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