Yahoo To Be Sold To Verizon For $4.8 Billion
After months of trying to find a buyer, Yahoo will finally be sold to US telecommunication giant Verizon.

After months of trying to find a buyer, Yahoo will finally be sold to US telecommunication giant Verizon.

Verizon Communications Inc. will announce an agreement to buy Yahoo! Inc. for about $4.8 billion on Monday morning before NYSE trading begins in a deal aimed at challenging the Facebook and Google oligopoly.

LeEco, China’s leading online video company, paid about 5.2 million an acre to buy Yahoo’s raw land in Santa Clara. According to banking consultant Bruce Lawrance, the mega-valuation for developmental land zoned for light office/industrial stunned Silicon Valley real estate
(Reuters) — Verizon Communications Inc (VZ.N) is ready to make a bid for Yahoo’s web business, and hopes to make a merger more successful by also making an offer for a stake in Yahoo’s Japan subsidiary, Bloomberg reported on Thursday, citing a source familiar with the matter.

Online streaming giant Netflix admitted to sending lower quality video to mobile subscribers on AT&T and Verizon networks to help them avoid surpassing data caps.

Two patriotic television networks geared toward the outdoors and shooting have been dropped by Verizon FIOS.

For years, security-minded politicians have been saying that U.S. spy agencies and the private sector need to have a better working relationship to stop terrorism. But if the arm-in-arm relationship between communications giant AT&T and the National Security Agency is any indication, that relationship is already in full bloom. Worse, the government has been paying AT&T millions to supply the info.

Marketing company Turn Inc. of Redwood City has been sued in what looks to be a huge mass tort lawsuit alleging a conspiracy with telecommunications giant Verizon Wireless to engage in undisclosed tracking and storing of Internet browsing histories.

Buying AOL, Inc. was a deal Verizon had to make, given that Verizon’s bundled telephone, Internet and pay-TV services seem headed toward serious decline.

Sen. Rand Paul (R-KY) is celebrating the news a federal appeals court rejected President Barack Obama’s National Security Agency (NSA) data collection program on Thursday.

Verizon, prepared for the FCC decision to embrace “net-neutrality” rules on Thursday, had a ready response once the decision became final. The company issued a press release mocking the new standard by dating the press release February 26, 1934, and titling it, “Title II Regulations a ‘Net’ Loss for Innovation and Consumers: FCC’s ‘Throwback Thursday’ Move Imposes 1930s Rules on the Internet.”

Internet service providers like Comcast, Verizon, AT&T, Sprint and T-Mobile now must act in the “public interest” when providing a mobile connection to your home or phone, under rules approved Thursday by a divided Federal Communications Commission.

Here in California, we regularly use the ballot initiative process to govern ourselves. Often, when a well-funded special interest is trying to ram through a change to the state’s laws, the opposition screams that the measure is a “solution without a problem.” The FCC’s potential actions in regards to Title II and the Internet fall in the same category. No one is crying out to be freed from the shackles of anything, anywhere, anytime broadband service.

Sen. Ted Cruz fired back at President Obama on Monday after he supported the idea of the FCC working to enforce net neutrality. “The biggest regulatory threat to the Internet is ‘net neutrality,’” Cruz said in a Facebook post, calling
AUSTIN, Texas — Dr. Richard Besser, the chief health and medical editor for ABC News, told WFAA-Dallas on Sunday that he found the second Texas Ebola case “very concerning.” As reported by Breitbart Texas, the latest patient diagnosed with Ebola

This is huge, huge news. But don’t get too excited. For now at least, the à la carte “cable television” service will only be available on your mobile devices. Though it happened a few years sooner than I would have expected,

For the first time, top U.S. cable firms have more broadband customers than cable TV subscribers, according to published data from the Leichtman Research Group. The top cable companies had about 49,915,000 broadband subscribers in the second quarter ending in June, compared

The Dell computer corporation’s SecureWorks Counter Threat Unit recently discovered an unknown hacker quietly “hijacking networks belonging to Amazon, Digital Ocean, OVH, and other large hosting companies between February and May 2014.” During that period of time, the hijacker used
Microsoft has lost its battle to prevent the U.S. government from accessing emails that were stored on a server in Ireland, setting a new precedent against user privacy. In 2013 the U.S. applied for a search warrant for the emails

NEW CASTLE, Del., July 9 (UPI) — Police in Deleware say a man arrested for theft Tuesday allegedly attempted to hide heroin in his 8-month-old baby’s diaper when police apprehended him. In late June, 25-year-old Michael Penn allegedly stole a
“…expect the people of this nation to…overthrow you. By any means necessary.” “…for the Netflix and cat videos…” “Why not rename the constitution the Comcast-Time Warner Constitution of the United States.” These are just a few of the coarse and

(6:30 a.m.) For the past 24 hours, I have been on the move. Early Thursday morning, a colleague picked me up at home and we drove south to Anaheim on the I-405 and CA-22. We caught Amtrak’s Pacific Surfliner to

BERLIN, June 26 (UPI) —The German government has canceled its Internet contract with the U.S. telecommunications company Verizon over data security fears. There is concern in Germany that U.S. firms provide data to authorities, and anger over allegations that conversations

Why Aereo’s Defeat Will Be An Eventual Defeat For the Victors Unless Aereo decides to pay re-transmission fees to the networks it wishes to re-transmit — which is unlikely and would mean higher costs to Aereo customers — Aereo is

BELLEVUE, Wash., June 20 (UPI) — T-Mobile CEO John Legere received backlash on the Internet after he likened his company’s competitors to rapists during a press event Wednesday. Legere is known for his profanity and brash personality, but critics say

Superhero News: DC Release Schedule, ‘Amazing Spider-Man 3’ Delayed to 2017 According to Nikki Finke’s first scoop in her reboot, below is the DC film release schedule through 2018. The company is about 7 years behind Marvel but there’s no

Despite five years of economic recovery, college graduates continue to face a tough job market. Certainly, young people should take responsibility for their lives, but parents, educators, and politicians all share some blame for their troubles. College graduates earn much

“Et tu, Brute,” former Georgetown coach John Thompson said of Big East rivals who fled the conference on ESPN’s “A Requiem for the Big East.” “It’s just that simple.” He didn’t mention Syracuse. He didn’t have to. The rivalry between

An interesting tidbit of news, courtesy of CNBC: Verizon sent Netflix a letter demanding the streaming service cease and desist false claims and unfair business practices on Thursday. The letter comes after an article on Quartz reported Netflix displayed “error

Apatow, Rogen Blast WaPo Film Critic for Blaming Santa Barbara Rampage On Their Movies Lawdalmighty, what was Ann Hornaday thinking with this anti-science tripe that attempts to blame Seth Rogen’s “Neighbors” and Judd Apatow films for the actions of 22

ChiefExecutive.net 10th annual survey of 500 CEOs from across America on their views of the best and worst states for business rated California “The Worst,” and Texas “The Best.” The annual survey of business leaders asks each CEO to

AT&T Bids to Become as Big as Comcast/Time Warner Cable Should the government approve the merger between Comcast and Time-Warner (and after Comcast spent billions buying Democrats, that’s likely to happen), that would give Comcast close to 30 million pay

California Senate Bill 962, requiring that all cell phones include a “kill switch,” was defeated on Thursday. According to the Sacramento Bee, the innovation, providing owners with the ability to shut down the phone rendering it useless if stolen, is strongly endorsed

There are many ideas and proposals packed under the rubric of “Net Neutrality,” but the core principle amounts to rent control on the Internet: all web traffic must be treated equally. In its undiluted, absolute form, this idea would work
It’s not surprising to learn that various governments (not just the United States) account for the bulk of online mischief, but it’s a bit sobering to see the numbers laid out by a new Verizon investigative report, summarized by the
The left-wing site Raw Story used a headline to falsely claim that Red Eye guest host Tom Shillue said during Tuesday night’s show that “poor people smell bad.” After Shillue complained they changed the headline to the just as misleading

Sally Beauty supply, a retail chain that sells hair and beauty items based in Denton, was hacked earlier this month according to a release obtained by Breitbart Texas. The company hired Verizon’s forensics firm to investigate the incident and pinpoint exactly how
It’s not the size of the beer. It’s the shape of the cup. That’s the pricing philosophy that has governed beer sales at Boise’s CenturyLink Arena. As expected, hockey enthusiasts were too drunk to notice. But two fans–Heath Forsey and

The US Justice Department said Thursday it has launched an antitrust probe of the mega merger of Comcast and Time Warner Cable. The $45.2 billion tie-up would unite the largest US cable companies, which also are among the largest broadband

Autumn Radtke, the 28-year-old American CEO of the First Meta bitcoin exchange, was found dead in Singapore February 28 in an apparent suicide. Toxicology test results to determine why she died have not yet been concluded. Notably, on February 10,
