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Yahoo! Inc (YHOO.O)

YHOO.O on Nasdaq

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Latest Key Developments (Source: Significant Developments)

Verizon is pushing for a $1 bln discount off its pending $4.8 bln agreement to buy Yahoo - NY Post, citing several sources
Thursday, 6 Oct 2016 06:00pm EDT 

:Verizon is pushing for a $1 billion discount off its pending $4.8 billion agreement to buy Yahoo - NY Post, citing several sources.  Full Article

Yahoo is sued over big data breach
Friday, 23 Sep 2016 04:34pm EDT 

Yahoo : Is sued over data breach disclosed this week -- court filing . Lawsuit is filed with federal court in San Jose, California . Lawsuit says Yahoo committed gross negligence tied to 2014 theft of data associated with an estimated 500 million user accounts . Lawsuit seeks class action status and is led by ronald schwartz, a new yorker who says his personal information was stolen . Lawsuit seeks unspecified damages and other remedies.  Full Article

Yahoo says information associated with at least 500 mln user accounts stolen
Thursday, 22 Sep 2016 02:43pm EDT 

Yahoo Inc : An important message to yahoo users on security . Yahoo is notifying potentially affected users and has taken steps to secure their accounts . Yahoo Inc Says Investigation Has Found No Evidence That State Sponsored actor is currently in Yahoo's network . Yahoo is working closely with law enforcement on the matter . Yahoo Inc says "is also recommending that users who haven't changed their passwords since 2014 do so" . Steps to secure accounts include invalidating unencrypted security questions and answers so that they cannot be used to access an account . Steps to secure accounts also include asking potentially affected users to change their passwords . Account information stolen may have included names, email addresses, telephone numbers, dates of birth, hashed passwords . Yahoo Inc says Yahoo believes that information associated with at least 500 million user accounts was stolen . Recent investigation by yahoo has confirmed that a copy of certain user account information was stolen from network in late 2014 . Encourages users to review their online accounts for suspicious activity . Ongoing investigation suggests stolen information did not include unprotected passwords, payment card data, or bank account information . Encourages users to change their password and security questions and answers for any other accounts.  Full Article

Sony Corp will develop electronic devices that can be controlled using Yahoo app - Nikkei<6758.T>
Wednesday, 31 Aug 2016 04:58pm EDT 

Nikkei: Sony Corp will develop electronic devices that can be controlled using a Yahoo app .Companies will announce tie-up as early as Thursday.  Full Article

Yahoo Esports and ESL team up for live streaming & content partnership
Friday, 26 Aug 2016 12:00pm EDT 

Yahoo! Inc : Yahoo Esports is entering into a two year agreement with ESL . Yahoo Esports and ESL will "collaborate on development of new tournaments to be covered and distributed by Yahoo" . Yahoo Esports, ESL will work together to distribute coverage of ESL's major events, including ESL One,IEM Global Competitive Series .Yahoo Esports and ESL team up for live streaming & content partnership.  Full Article

Yahoo updates on undistributed foreign earnings
Monday, 8 Aug 2016 06:02pm EDT 

Yahoo! Inc : Says it is not practicable to determine the income tax liability that might be incurred if these earnings were to be repatriated . As of June 30, 2016, co does not anticipate repatriating its undistributed foreign earnings of about $3.3 billion .Says the foreign earnings are principally related to co's equity method investment in Yahoo Japan.  Full Article

Yahoo Inc introduces Yahoo view, a tv watching experience featuring Hulu
Monday, 8 Aug 2016 09:00am EDT 

Yahoo! Inc : Introducing yahoo view, a tv watching experience featuring hulu .Yahoo view is extension of yahoo's distribution partnership with hulu and will offer thousands of tv, anime, korean drama and movies.  Full Article

Seven West Media comments on announcement from Yahoo concerning proposed deal with Verizon Communications
Monday, 25 Jul 2016 07:22pm EDT 

Seven West Media Ltd : Statement from swm on Yahoo Inc and yahoo7 . Acknowledges today's announcements from Yahoo Inc, concerning its proposed transaction with Verizon Communications Inc . Until completion of any change of control of Yahoo Inc, it is business as usual at Yahoo7 here in Australia and New Zealand. . Looks forward to discussing with verizon,co's future plans for Yahoo Inc, in Australia & any impact these may have on yahoo7 in Australia and New Zealand .  Full Article

Yahoo, Verizon set termination fee for core business deal at $144.8 mln - SEC filing
Monday, 25 Jul 2016 12:07pm EDT 

Yahoo: If purchase agreement is terminated, company may be required to pay Verizon a termination fee of $144.8 million in certain circumstances - SEC filing .If purchase agreement terminated by Verizon due to breach of agreement, company to reimburse Verizon’s expenses in an amount up to $15 million.  Full Article

Yahoo CEO Marissa Mayer says views sale of the company as a success - CNBC
Monday, 25 Jul 2016 09:49am EDT 

: Yahoo CEO Marissa Mayer on CNBC - open minded about role after deal closes . Yahoo CEO Marissa Mayer on CNBC , asked if sale of the company is a failure - "I really view this as a success" Further company coverage: [YHOO.O VZ.N] (Bengaluru Newsroom: +1 646 223 8780).  Full Article


Irish data regulator steps up Yahoo hack probe, waits on email scanning

LONDON Ireland's Data Protection Commissioner (DPC) said it had stepped up its examination of the theft of user information for 500 million Yahoo Inc accounts and that it was awaiting information from Yahoo on allegations it helped the U.S. government scan users' emails.