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  • Women's Day 2022: What is a glass cliff, and can it ever fade away?

    Glass cliff refers to a situation where women are promoted to high positions during times of crisis, when the possibility of them failing is a lot higher.

  • Former Yahoo CEO Marissa Mayer apologizes for data breaches, blames Russians

    "As CEO, these thefts occurred during my tenure, and I want to sincerely apologise to each and every one of our users, she told the Senate Commerce Committee, testifying alongside the interim and former CEOs of Equifax Inc and a senior Verizon Communications Inc executive.

  • Verizon closes Yahoo deal, Marissa Mayer steps down

    The completion of the acquisition marked the end of Yahoo as a stand-alone internet company, a tech pioneer once valued at more than $100 billion.

  • Verizon takes over Yahoo to complete $4.5 billion deal

    Today's closure of the sale ends Yahoo's 21-year history as a publicly traded company. It also ends the nearly five- year reign of Yahoo CEO Marissa Mayer, who isn't joining Verizon.

  • Yahoo chief Mayer to leave company board after Verizon sale

    Mayer is expected to remain with Yahoo's core business, which is being bought by the US telecom titan. Yahoo is selling its internet operations as a way to separate that from its more valuable stake in Chinese internet giant Alibaba.

  • Yahoo to be named Altaba, Mayer to leave post Verizon deal

    Yahoo has a deal to sell its core internet business, which includes its digital advertising, email and media assets, to Verizon for USD 4.83 billion.

  • Yahoo secretly scanned customer emails for US intelligence

    The company complied with a classified US government demand, scanning hundreds of millions of Yahoo Mail accounts at the behest of the National Security Agency or FBI, said three former employees and a fourth person apprised of the events.

  • I plan to stay at Yahoo: CEO Marissa Mayer

    Yahoo, which was the entry door to the Internet for an early generation of Web users, will be integrated with AOL under Marni Walden, EVP and President of Product Innovation and New Businesses organisation, at Verizon.

  • Verizon to acquire Yahoo in $4.8 billion deal

    Marni Walden, Verizon president of product innovation and new businesses, said that the deal included Yahoo's core operating business and patents.

  • Yahoo sees $440 mn loss, 'progress' on strategic review

    Through disciplined expense management and focused execution, we delivered Q2 results that met guidance across the board and in some areas exceeded it." But Yahoo's future is far from certain, amid intense speculation about efforts to sell its main assets.

  • Bidders offering more than $5 bn for Yahoo: Report

    CNBC, citing unnamed sources close to the situation, said Yahoo's board of directors will meet tomorrow to review offers ahead of a final round of bidding expected to lead to a decision by mid-July.

  • Microsoft told potential Yahoo bidders it might back bids:Report

    Microsoft's move is an attempt to ensure a good relationship with Yahoo's buyer, the website reported.

  • Yahoo launches auction process as Starboard gears up for fight

    Yahoo shares jumped after the company announced its board has formed a committee of independent directors to explore strategic alternatives, and that it has hired investment banks and a law firm to run the process.

  • Yahoo announces first round of layoffs; trims 15% of workforce

    The layoffs take effect April 11 and affected employees received 60-day advance notice of the move, Yahoo said in a notice filed with the California Employment Development Department.

  • Yahoo to slash 1,600 jobs; close several business units: Report

    The plans are expected to be announced after Yahoo's fourth-quarter results on Tuesday, the Journal reported, citing people familiar with the matter. It did not specify which business units might be closed.

  • Yahoo sale of core assets could see shares jump 35%: Barron's

    The sale of its core business, and its stakes in Alibaba and Yahoo Japan, could see Yahoo's stock price jump to USD 40 a share, an almost 35 percent gain from Friday's close of USD 29.14.

  • Yahoo will not move forward with Alibaba spinoff: Sources

    The moves represent a stark rejection of Chief Executive Officer Marissa Mayer's plan to sell the USD 30 billion Alibaba stake, and revive the core Internet unit focusing on growing mobile, video and social media ads.

  • Verizon could consider buying Yahoo's core business: CFO

    Verizon's Shammo was speaking at the UBS annual global media and communications conference in New York.

  • Yahoo board to discuss sale of core business: Report

    A hedge fund with a stake in Yahoo urged the Internet giant last month to drop its planned spinoff of its stake in China's Alibaba and instead sell the "core" search business.

  • Starboard asks Yahoo to sell core biz, not Alibaba stake

    Yahoo's shareholders could end up paying roughly $12 billion in taxes if the IRS deems the transaction taxable after the spinoff, expected to close by end-December. Yahoo was worth about $31 billion as of Wednesday's close.

  • Yahoo hires McKinsey to help with reorganization

    McKinsey will help Yahoo decide which units to shut, sell or invest in, Re/code said, citing several people close to the situation.

  • Google CEO made ascent with low-key style and tech chops

    As part of a major overhaul of its operating structure, Google said on Monday it was creating a new holding company called Alphabet.

  • Yahoo to shut down Maps, some other services

    Maps.yahoo.com will shut down by the end of this month, Amotz Maimon, Yahoo's chief architect, said in a blog post, as the service faces intense competition from Google Inc's Maps service.

  • Four Indians among world's 100 most powerful women: Forbes

    Forbes's 12th annual list of the 100 most influential women feature extraordinary entrepreneurs, visionary CEOs, politicians, celebrity role models, billionaire activists and pioneer philanthropists who are "transforming the world" and and have been "ranked by dollars, media presence and impact".

  • Yahoo earnings and revenue miss expectations

    The tech giant said Tuesday that its first-quarter adjusted earnings came in at 15 cents per share on USD 1.04 billion in revenue.

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