Marissa Mayer, Yahoo's chief executive, will be well compensated for her five-year stint at the company, the NYT reports.
The longtime Fox News host is in line to get up to $25 million, according to media reports, after a string of sexual-harassment allegations led to his ouster. —Roger Ailes, Fox News, $40 million. It was only last summer that the other man who helped build Fox News into a ratings behemoth had his own departure from the company following allegations of sexual harassment.
Verizon says total revenues for its wireless business fell by 5.1 percent from a year ago.
SUNNYVALE, Calif.— Yahoo is bowing out as a public company with its revenue still declining, a chronic problem that culminated in its sale to Verizon Communications. The results released Tuesday will mark the final quarterly report of Yahoo's 21- year history as a publicly traded company unless the Verizon deal unexpectedly falls apart. After Verizon takes...
Tim Armstrong, AOL CEO, talks about building the company's brand and eventual departure of Marissa Mayer.
Tim Armstrong, AOL CEO, talks about the resurgence of Yahoo and AOL, and the new company named 'Oath' that will oversee both. Our mission is to build brands that people love, says Armstrong.
Terms of Mayer's departure are still being worked through, Recode reports.
Yahoo lawyer Ronald Bell resigned from the company.
Russian agents gained information on "millions of subscribers" at Yahoo and Google, the Justice Department says.
CEO Lowell McAdam failed, after two massive security breaches came to light, to convince Yahoo to slash by a fifth the $4.8 billion price tag.
Verizon sought almost triple the price reduction that it ultimately obtained for Yahoo's core assets.
NEW YORK, March 13- Verizon Communications Inc sought almost triple the price reduction that it ultimately obtained for Yahoo Inc's core assets following two massive cyber attacks at the internet company, according to a Yahoo filing. In early February, Verizon Chief Executive Officer Lowell McAdam told Yahoo director Tom McInerney a price reduction as high...
Yahoo named its post-Verizon deal executive team, with board member Thomas McInerney serving as CEO and Alexi Wellman filling the CFO position.
March 1- Yahoo Inc, which disclosed two massive data breaches last year, said on Wednesday that about 32 million user accounts were accessed by intruders in the last two years using forged cookies. The company said on Wednesday that it would not award Chief Executive Marissa Mayer a cash bonus for 2016, following the independent committee's findings related to...
The CEO agreed to give up 2017 annual equity award due to a 2014 security breach that exposed user information.
Yahoo general counsel Ronald Bell resigns, and CEO Marissa Mayer will not receive a 2016 cash bonus. CNBC's Josh Lipton reports.
Feb 21- Verizon Communications Inc said on Tuesday it would buy Yahoo Inc's core business for $4.48 billion, lowering its original offer by $350 million in the wake of two massive cyber attacks at the internet company. The closing of the deal, which was first announced in July, had been delayed as the companies assessed the fallout from two data breaches that Yahoo...
Verizon is close to announcing a revised takeover deal with Yahoo that will cut the price slightly, sources said.
Tech's big night out, the Annual Crunchies Awards, gets political.
The Securities and Exchange Commission has opened a probe into whether Yahoo's data breaches should have been disclosed sooner to investors, the Wall Street Journal reported on Monday.. Operating results for the fourth quarter, featuring a 15 percent gain in revenue from a year ago, appeared to provide some belated vindication of embattled Yahoo CEO Marissa...