Yahoo Inc News

Yahoo said it would pay between $50.79 and $44.74 per share based on its calculations, Alibaba`s share price and timing of the buyback.

Yahoo slashed the price of the sale of its core Internet business to Verizon by $350 million following a pair of major data breaches at Yahoo, the two companies announced Tuesday.

Verizon Communications Inc is close to a revised deal to buy Yahoo Inc`s core internet business for $250 million to $350 million less than the original agreed price of $4.83 billion, according to a source briefed on the matter.

Executive branch officials spoke to staff for members of the Senate and House of Representatives committees overseeing intelligence operations and the judiciary, according to people briefed on the events, which followed Reuters’ disclosure of the massive search.

Yahoo Inc reported a 6.5 percent rise in quarterly revenue on Tuesday, positive news for the beleaguered company whose deal to sell its core business to Verizon Communications Inc has been shaken by a massive data breach.

Yahoo Inc reported better-than-expected quarterly adjusted profit on Tuesday, a boost for the beleaguered company whose deal to sell its core business to Verizon Communications Inc has been shaken by a massive data breach.

Verizon Corp said on Thursday it has a "reasonable basis" to believe Yahoo Inc`s massive data breach of email accounts represents a material impact that could allow Verizon to withdraw from its $4.83 billion deal to buy the technology company.

A Yahoo Inc media executive fired from the internet company last year has filed a lawsuit claiming a job review process implemented by Chief Executive Marissa Mayer was used to cut men from executive ranks and lay them off illegally, court papers showed.

The massive theft of Yahoo user data disclosed last week came from "professional" hackers seeking to profit from the breach, according to an analysis by security researchers.

Yahoo Inc will confirm this week a massive data breach of its service, technology news website Recode reported on Thursday, citing several sources close to the situation.

US telecom giant Verizon Communications has agreed to buy the once internet king Yahoo for a 'meagre' USD 4.8 billion putting the company's 20 year reign as an independent entity to an end.

Marissa Mayer, CEO of Yahoo, wrote a letter to employees soon after announcement of the acquisition came.

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Yahoo chief Marissa Mayer Monday said she would be open to staying on with the company, even though no decision has been made on her future following the company's acquisition by Verizon.

Internet giant Yahoo on Monday announced that it has agreed a USD 4.83 billion deal to sell its core business to US tech giant Verizon Communications.

Yahoo agreed to sell its core assets to telecom giant Verizon for $4.8 billion, ending a 20-year run by the internet pioneer as an independent company, the firms announced Monday.

Verizon Communications Inc was set on Tuesday to advance to the second stage of bidding for Yahoo Inc`s core assets, as the U.S. internet company went through offers to put together a short list, people familiar with the matter said.

Yahoo Messenger will now support Hindi and five other non-English languages in order to help bridge the language gap and create personalised experiences for its users, tech giant Yahoo announced on Tuesday.

Yahoo Inc has extended the deadline to bid for its businesses by a week to April 18, technology news website Re/code reported, citing people familiar with the matter.