Tag: Verizon

net neutrality

House Panel Wants Google, Facebook, AT&T CEOs to Testify on Net Neutrality

WASHINGTON (Reuters) – The chairman of the U.S. House Energy and Commerce Committee on Tuesday asked chief executives from companies representing the two sides of the net neutrality debate, including Alphabet, Facebook, AT&T and Verizon, to testify at a Sept. 7 hearing.

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Verizon Takes over Yahoo to Complete $4.5 Billion Deal

SAN FRANCISCO (AP) — Verizon has taken over Yahoo, completing a $4.5 billion deal that will usher in a new management team to attempt to wring more advertising revenue from one of the internet’s best-known brands.

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Yahoo Salvages Verizon Deal with $350 Million Discount

SAN FRANCISCO (AP) — Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts.

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Fortune: $141M to Yahoo’s Marissa Mayer Despite SEC Investigation

Yahoo CEO Marissa Mayer is set to receive nearly $141 million merger pay following Verizon’s purchase of the company, despite the SEC launching an investigation into whether Yahoo intentionally covered up a widespread hack and leak of its users data for nearly two years.

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Verizon Seeks New Deal Terms Following Latest Yahoo Hack

(Reuters) — Yahoo Inc came under renewed scrutiny by federal investigators and lawmakers on Thursday after disclosing the largest known data breach in history, prompting Verizon Communications Inc to demand better terms for its planned purchase of Yahoo’s internet business.

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Yahoo Admits It Knew About Security Breach in 2014

Yahoo revealed on Wednesday that some employees at Yahoo knew of a large security breach in 2014, but the company did not reveal the security breach to users until September 2016.

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Verizon May Back Out of Yahoo Purchase over Massive Hack

(Reuters) — Verizon Communications Inc (VZ.N) said on Thursday it has a “reasonable basis” to believe Yahoo Inc’s (YHOO.O) 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.

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Ex-Verizon Worker Accused of Selling Customer Phone Records

ATLANTA (AP) — A former Verizon Wireless technician is accused of using the company’s computers to obtain customers’ private call records – plus data showing where customers’ phones were – and then selling them to an unnamed private investigator, federal prosecutors said.

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Disney Has a Magic Kingdom of Reasons to Buy Twitter

Disney has significant advantages over other bidders to acquire Twitter. First, Twitter’s CEO Jack Dorsey serves on Disney’s Board of Directors. But the biggest advantage is that Disney owns a 33 percent stake in BAMTech, the tech spinout from Major League Baseball that owns the app powering Twitter’s streaming of NFL games on the web.