Tag Archives: yahoo

Verizon buys Yahoo for $4.83 billion

After a months-long bidding process and many layoffs, Yahoo has finally found a buyer. Verizon (which owns AOL, which owns TechCrunch) is officially acquiring Yahoo’s core business for $4.83 billion in cash, which includes Yahoo’s advertising, content, search and mobile activities. “Just over a year ago we acquired AOL to enhance …

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AOL CEO on Yahoo deal: “We want to get to 2B users” [Memo]

Today Verizon confirmed that it plans to acquire Yahoo’s core assets — search, advertising and content, along with Yahoo’s Sunnyvale real estate — for $4.83 billion in cash. That business will in turn be combined with AOL, which Verizon acquired last year for $4.4 billion. Tim Armstrong, CEO of AOL (which owns us), …

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AOL’s Tim Armstrong explains the Yahoo acquisition and what’s next

Following a months-long bidding process, Verizon announced this morning that it’s acquiring Yahoo’s core business for $4.83 billion. The goal, it seems, is to merge Yahoo with AOL (which Verizon acquired last year) to form a single organization that can compete with digital media giants like Google and Facebook. (AOL, …

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Yahoo Mail to have HTTPS encryption by default – finally

Yahoo has finally announced that it will turn on HTTPS encryption by default for Yahoo Mail next year – four years after Google announced the same thing for Gmail, and two years for Microsoft during the transition between Hotmail and Outlook (it was an option in Hotmail in 2010). Incidentally, the …

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Yahoo resets passwords after hackers attacked email service

Yahoo has said that it will be resetting passwords of several users after it identified a “coordinated effort to gain unauthorised access” to those users Yahoo Mail accounts. The company did not share much detail about the attack, like how many accounts were affected. It did say, however, that the …

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