Saturday 30 July 2016
 
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Verizon to buy Yahoo's core business for $4.8bn

Verizon Communications said on Monday it would buy Yahoo Inc's core internet properties for $4.83 billion in cash, marking the end of the line for a storied Web pioneer and setting the stage for a big new internet push by the telecom giant.

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Verizon set to announce $5bn deal to buy Yahoo

Verizon Communications will announce an agreement on Monday to buy Yahoo for about $5 billion, according to a person familiar with the matter. The announcement will come before the start of New York trading hours, the source added

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Verizon emerges as front-runner in Yahoo auction

Yahoo is focusing on US telecom company Verizon Communications as the buyer of its core business after reviewing final bids that it received this week, people familiar with the matter said on Friday. A deal would boost Verizon'

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Verizon raises wireless rates, offers more data

Verizon Communications Inc, the No. 1 U.S. wireless provider, said on Wednesday that it would increase plan rates but expand data buckets by 30 percent for its customers, who increasingly stream content through mobile devices. Sta

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Verizon to bid $3bn for Yahoo's internet business

Verizon Communications Inc plans to submit a second-round bid of around $3 billion for Yahoo Inc's core internet business, the Wall Street Journal reported, citing people familiar with the matter. Private-equity firm TPG was a

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Yahoo shortlists 10 bidders; cash deal seen

Yahoo Inc has shortlisted close to 10 bidders in the auction for its core Internet assets, including Verizon Communications Inc, with most offers involving cash rather than a combination with another company, according to people familiar with th

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Yahoo sets April 11 deadline for preliminary bids

Yahoo has set an April 11 deadline to submit preliminary bids for its web business and Asian assets, The Wall Street Journal has reported, citing sources. Yahoo asked bidders details regarding financing, conditions or approvals th

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Verizon mulls $10bn sale of enterprise assets

Verizon Communications is exploring a sale of its enterprise assets which could be worth as much as $10 billion, according to people familiar with the matter, as the largest US wireless carrier seeks to focus on its core business.

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User mistakes aid most cyber attacks

When a cyber security breach hits the news, those most closely involved often have incentive to play up the sophistication of the attack. If hackers are portrayed as well-funded geniuses, victims look less vulnerable, security fir

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Verizon poised for historic $130bn deal

Verizon Communications was poised on Monday to finally take full control of its US wireless business with a $130 billion deal that would buy out Vodafone and bring an end to a decade-long corporate standoff.   Th

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