Earlier this month, Verizon — fresh off its acquisition of AOL — tried to cement its reputation as a collector of ’90s web relics with a reported $3 billion bid for Yahoo’s core internet business. Now it looks like Big Red has competition from AT&T. [More]
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Verizon Sets Stage To Purchase Second ’90s Internet Relic; Reportedly Bids $3B For Yahoo
A second round of bids for Yahoo’s core internet business — including search, mail, and news sites — is officially underway, and Verizon is reportedly coming in hot, offering $3 billion for the assets. [More]
Twitter Reportedly Met With Yahoo To Discuss Possible Merger
As Yahoo prepared to dissect a second round of bids for its core internet business — including search, mail, and news sites — the company might have another proposal to ponder: a merger with Twitter. [More]
7 Products By The Biggest Tech Companies That Failed Miserably
Hearing the news that Google is taking another stab at social media with a new group-chatting app dubbed “Spaces” may feel like deja vu for anyone paying attention to the tech giant’s previous, mostly unsuccessful efforts to gain traction in the social media world with Google+. But Google isn’t the only big name in the tech world that’s tried and failed to popularize a new tech product, not by a long shot. [More]
Yahoo Extends Auction For Its Core Internet Business Another Week
Companies looking to get a piece of Yahoo’s core internet business — including search, mail, and news sites — have another week to place their bids, as the company extended the deadline for the auction to April 18. Pushing back the deadline means that Yahoo could have a deal in place by June or July. The auction was initiated in February when Yahoo ditched plans to spin off its stake in Alibaba. [Re/Code] [More]
Starboard Once Again Throwing Around Its Weight, Starts Fight To Oust Yahoo Board
Activist investors at Starboard Value are once again looking to shake things up at a major company. After essentially forcing the now-contested Staples-Office Depot merger, questioning the number of breadsticks handed out at Olive Garden and ousting the entire Darden Restaurant Inc. board, the investor group has launched a fight to remove the entire board of Yahoo. [More]
Yahoo Closing Games Portal, Other Services In Bid To Streamline Focus
Online game enthusiasts will soon be saying goodbye to one of their earliest gaming options: Yahoo Games. The service, along with several other products, will shutter in coming months as the tech company looks to simplify its business. [More]
Yahoo Kills Streaming Video Service You Probably Hadn’t Heard Of
Unless you were, like some of us here at Consumerist HQ, such an ardent fan of Community that you followed the sitcom when it made the leap from network TV to streaming video, you are probably only vaguely aware that something called Yahoo Screen even existed. Well it did. Notice the use of the past tense. [More]
Verizon CFO: Sure, We’d Be Interested In Buying Yahoo’s Web Business
After reports swirled last week that Verizon might be in the mood to go shopping in the Internet company aisle, the company’s chief financial officer says it could possibly be interested in buying Yahoo’s web business — if Yahoo is selling and if a deal made sense. [More]
Verizon Tops List Of Potential Buyers For Yahoo’s Internet Business
While you may not have checked your old Yahoo Mail account since before the recession, the Web 1.0 relic continues to exist. And now that Yahoo’s board may be looking to sell off the portion of the business that most people associate with the company, a number of potential buyers are licking their chops at getting some piece of the meal. [More]
Yahoo Considers Getting Out Of The Internet Business
Yahoo, one of the few remaining old guard Internet biggies still standing, has been trying to reinvigorate its business in the last few years, even spending oodles of cash in an effort to stake claims in the streaming video and daily fantasy sports markets. But so far, consumers have responded with a shrug and the company’s stock price has continued to fall since the beginning of 2015. That’s why the Yahoo board will reportedly be looking into the possibility of getting out of this whole “Internet” thing. [More]
New York State Adds Yahoo To Inquiry Into Daily Fantasy Sports Sites
Four months after Yahoo announced it would offer sports fans the opportunity to make money by betting on professional athletes’ performances, the company became the latest target in a New York state investigation into the business practices of the currently unregulated multi-million dollar online daily fantasy sports industry. [More]
Yahoo Removes Malware From Its Advertising Network That Exploited Weakness In Adobe Flash
For six days last week, malware known as “malvertising” was reportedly lurking in Yahoo’s advertising network, with the potential for attackers to infect internet users’ computers and hold them for ransom. Security researchers say they notified Yahoo of the malware upon discovering it on Sunday, and the company removed the malicious code immediately. [More]
CFPB Asks Google, Bing & Yahoo To Help Stop Student Loan Debt Scams That Imply Affiliation With Feds
The Internet is teeming with scammers, fraudsters, and hustlers determined to part consumers from their money, and as a $1.2 trillion venture, student loans often present an attractive avenue for these ne’er-do-wells. In order to better protect individuals from such schemes, the Consumer Financial Protection Bureau is enlisting the help of the country’s major search engines. [More]
Yahoo Ditching Maps, Discontinuing Support For Other Products In New Prioritization Plan
If you’re a stalwart user of Yahoo Maps we’ve got some bad news: The company plans to shut down the site and other tools this month in a revamp of its priorities. [More]