Jim Cramer broke down what he thinks is the real story behind the Verizon and Yahoo deal. » Read More
According to reports, Verizon will buy Yahoo's core assets, report CNBC's Landon Dowdy.
NEW YORK— Verizon has agreed to buy online portal Yahoo Inc. for roughly $5 billion, according to multiple media reports, each citing a single unnamed source. The deal is likely to end the four-year reign of Yahoo CEO Marissa Mayer, a former Google executive who flopped in her attempts to turn around the Sunnyvale, California, company. After the sale is completed,...
Verizon and Yahoo are set to announce that they are striking a deal, sources close to the situation tell Recode.
Recode is reporting on the price of Yahoo's core business and the likely buyer, with CNBC's Jon Fortt.
A deal would boost Verizon's AOL internet business, which the company acquired last year for $4.4 billion, by giving it access to Yahoo's advertising technology tools, as well other assets such as search, mail, messenger and real estate. Bloomberg News, which reported earlier that Verizon was nearing an agreement to buy the Yahoo assets, cited an anonymous source...
Dana Brunetti, the president of Relativity Media and TV and film producer, gives his outlook on media stocks.
Final bids for the company's internet business were expected Monday, but no news came out of the company's fiscal second-quarter earnings.
CNBC's David Faber reports on the final round of bidding for Yahoo's core business.
"There is no announcement today," Yahoo CEO Marissa Mayer said about what she called a "well-run, robust process."
July 18- Yahoo Inc's quarterly earnings fell short of Wall Street expectations on Monday in what may be the company's last financial report before it sells its core business. Verizon Communications Inc and AT&T Inc are said to be in the running to acquire the core business, along with private equity firm TPG Capital and a consortium led by Quicken Loans founder...
Yahoo reported quarterly earnings that slightly missed analysts' expectations, and revenue that beat expectations on Monday.
Revenue in the company's emerging businesses, which Chief Executive Officer Marissa Mayer calls Mavens- mobile, video, native and social advertising- showed some life, rising 25.7 percent to $504 million in the second quarter ended June 30. The company posted a net loss of $439.9 million, or 46 cents per share, compared with a loss of $21.6 million, or 2 cents per...
CNBC's Josh Lipton is on Yahoo's earnings call and gives the highlights including comments from CEO Marissa Mayer.
SAN FRANCISCO— Yahoo's latest earnings report leaves no doubt the internet company is stuck in a downward spiral. But after subtracting commissions paid to its partners, Yahoo said its revenue fell 19 percent from a year earlier, while its loss widened to $440 million. Yahoo also reported Monday that it's writing down $482 million in charges related to the...
July 18- Yahoo Inc reported a 5.2 percent rise in total quarterly revenue, a sign of improvement in its troubled core Internet business it is auctioning off. Verizon Communications Inc and AT&T Inc are said to be in the running, as well as private equity firm TPG Capital and a consortium lead by Quicken Loans founder Dan Gilbert and backed by billionaire Warren...
Victor Anthony, Axiom Capital Management, and Larry Haverty, Gabelli Funds, discuss Yahoo's earnings report and the sell-off of its core internet business.
CNBC's Josh Lipton reports Yahoo's quarterly earnings missing analyst expectations.
Rumors started swirling this weekend about how and when its CEO Marissa Mayer will leave the company she has led for four years.
Many women feel “stuck in the middle” and find the tech industry particularly challenging to excel in, research shows.
The gavel is finally poised to drop in the drawn-out auction for Yahoo’s core internet business, The New York Times reports.