Yahoo on Tuesday reported quarterly earnings that topped expectations as the pioneering internet firm remained on track to be bought by Verizon.
A lawsuit accused Yahoo of breaking a financial promise it made to Chinese dissidents almost a decade ago as penance for helping the Chinese government find and jail other activists.
AOL and Yahoo will be combined into a unit called Oath after telecom titan Verizon buys the pioneering internet firm, according to a tweet Monday by the AOL chief.
Russian hackers working with Russian spies didn't crack Yahoo security all at once.
Verizon demanded a $925 million discount on its acquisition of Yahoo's online services to help offset the damage from the biggest data breaches in internet history. It ultimately settled on a $350 million concession.
Yahoo said Monday that board member and former internet executive Thomas McInerney would lead the business that remains after the sale of its core assets to Verizon is completed.
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.
Yahoo is warning users of potentially malicious activity on their accounts between 2015 and 2016, the latest development in the internet company's investigation of a mega-breach that exposed 1 billion users' data several ...
Yahoo said Monday its $4.8 billion deal to sell its core internet assets to US telecom titan Verizon has been delayed several months.
The US Securities and Exchange Commission has opened an investigation into whether Yahoo should have informed investors sooner about two major data breaches, the Wall Street Journal reported Sunday, citing people familiar ...