Verizon sells entire media division, which gets renamed to Yahoo
The American telecom provider has decided to split off its entire media division. The various media under Verizon will be in the hands of private equity firm Apollo Global Management, which is putting down 5 billion dollars (over 4 billion euros) for the business.
Verizon's media branch is the r...
Verizon to sell Yahoo and AOL at massive loss?
Verizon is ready to give up Yahoo and AOL, after spending over $9 billion on the former giants that fell out of the public eye years before Verizon paid to acquire them.
The Wall Street Journal reported that Verizon is exploring the sale of assets that include AOL and Yahoo, as it looks to exit ...
Startup Lumi Labs from former Yahoo-CEO working on productivity apps
Lumi Labs, a new startup of former Yahoo CEO and early Google employee Marissa Mayer, is working on apps and tools that will help people become more productive. This includes software to manage contacts.
Lumi Labs was founded last year and now employs about twenty software engineers. The contacts ap...
U.S. court rejects Yahoo’s settlement proposal
An American judge has rejected Yahoo's proposed settlement around the data breaches in 2013 and 2014. This leaves parent company Verizon Communications with a problem, because it now has to look for an alternative way to satisfy about 200 million people.
The proposed settlement covered plaintiffs in...
Phishing tool bypassing two-step verification in Gmail posted on GitHub
A security researcher has published a tool that can bypass various two-step verifications commonly used on platforms such as Gmail and Yahoo. That's what IT Pro says. The tool was placed on GitHub by Polish researcher Piotr Duszy?ski.
The tool was placed along with a step-by-step plan that explains...
Hackers find simple method to bypass two-stage verification
Hackers have found a new way to bypass two-stage verification. The hackers have succeeded in automating this process and can thus relatively easily break into accounts of Google and Yahoo, among others. Secure e-mail accounts do not seem as secure as expected.
At least that's what Amnesty Internatio...
Yahoo settles 50 million U.S. dollars for giant data breach from 2016
Yahoo pays 50 million dollars to the victims of a large data breach discovered in 2016. Data from more than three billion accounts became available on the streets. That is the outcome of a settlement that applies to sun a billion accounts.
That's what Associated Press reports today in a settlement r...
Yahoo comes up with new chat app focused on group discussions
Yahoo has decided to venture the gamble and compete itself back into the message market. It does so by launching a new app. This has been named Yahoo Together and is seen as a replacement for the Yahoo Messenger app, which was discontinued in July.
The new app resembles Slack in design, but combines...