From Tyler Durden: While not surprising – her departure had been floated previously – moments ago ReCode confirmed that Yahoo CEO Marissa Mayer “will not be continuing with the new company that was announced today prematurely in a tweet by AOL CEO Tim Armstrong.”
According to the Wall Street Journal, media/telecom giants Verizon and Charter Communications are weighing a merger that would create a $280 billion industry behemoth.
From StockNews.com: Verizon Communications Inc. (NYSE:VZ) early Tuesday posted mixed Q4 results and hinted that its pending Yahoo acquisition could suffer more than just delays as it works to fully realize the implications of a record data breach.
Telecom giant Verizon Communications Inc. (NYSE:VZ) this morning posted mixed Q3 earnings results, sending its shares lower in early trading.
From Zacks: Yahoo! Inc.’s (NASDAQ:YHOO) streak of bad luck continues, as the company has now been sued for irresponsibility and negligence over a massive 2014 hacking incident.
Yahoo properties soon to be owned by Verizon Communications Inc. (NYSE:VZ) have suffered a massive data breach, according to a Recode report, with hundreds of millions of accounts compromised.
AOL and its parent company, Verizon Communications Inc. (NYSE:VZ), are losing a top executive soon, with Huffington Post founder Arianna Huffington set to step down over the next few weeks.
Verizon on Monday said it would acquire SaaS company Fleetmatics Group (NYSE:FLTX) for $60 per share in cash.
Zacks analyst Ryan McQueeny has three big suggestions for what Verizon should do with Yahoo, now that the buyout is a done deal.
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Thanks to the loss of AT&T’s (NYSE:T) exclusive hold over the iPhone in the U.S. the country’s telecom market appears to be shaken up at least in the near term. While many are still debating