Yahoo Inc

Yahoo Inc plans to lay off more than 20% of its total workforce as part of a major restructuring of its ad tech unit, Axios reported on Thursday, citing company executives.

Yahoo, now part of Verizon Communications Inc, said on Tuesday that all of its 3 billion user accounts were affected in the August 2013 data theft, following an investigation involving forensic experts.

Yahoo made progress in its last quarterly earnings report before the sale of its main internet operations to Verizon Communications Inc., posting adjusted revenue and profit that topped analysts' estimates.

Verizon Communications Inc, the No. 1 U.S. wireless carrier, said on Tuesday it agreed to buy the core internet business of Yahoo Inc for $4.48 billion, about $350 million less than the original price.

Verizon Communications Inc. is close to a renegotiated deal for Yahoo Inc.'s internet properties that would reduce the price of the $4.8 billion agreement by about $250 million after the revelation of security breaches at the web company, according to people familiar with the matter.

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

Yahoo Inc said Monday that it would rename itself Altaba Inc and Chief Executive Officer Marissa Mayer would step down from the board after the closing of its deal with Verizon Communications Inc.

Yahoo Inc shares fell almost 5 per cent after the breach of data belonging to more than 1 billion users was disclosed, following another large hack reported in September.

The White House on Thursday said it could not address the potential scope of vulnerable material from Yahoo Inc's most recently disclosed hack, adding that the FBI is investigating the breach.

Yahoo Inc shares fell almost 5 per cent after the technology company disclosed a second massive data breach that raised fears Verizon might kill a deal to buy its core internet business.

Women executives left Yahoo Inc US operations at an unusually high rate after the technology company announced plans to sell itself earlier this year, but it was not immediately clear why, according to the company's 2016 diversity report, released on Monday.

Women executives left Yahoo Inc at an unusually high rate after the US technology company announced plans to sell itself earlier this year, but it was not immediately clear why, according to the company's 2016 diversity report, released.

A Yahoo Inc media executive fired from the internet company last year has filed a lawsuit claiming a job review process implemented by Chief Executive Marissa Mayer was used to cut men from executive ranks and lay them off illegally.

Yahoo Inc last year secretly built a custom software program to search all of its customers' incoming emails for specific information provided by US intelligence officials, according to people familiar with the matter.

Six Democratic US senators on Tuesday demanded Yahoo Inc explain why hackers' theft of user information for 500 million accounts two years ago only came to light last week and lambasted the company's handling of the breach as "unacceptable."

Yahoo Inc plans to lay off more than 20% of its total workforce as part of a major restructuring of its ad tech unit, Axios reported on Thursday, citing company executives.

Yahoo, now part of Verizon Communications Inc, said on Tuesday that all of its 3 billion user accounts were affected in the August 2013 data theft, following an investigation involving forensic experts.

Yahoo made progress in its last quarterly earnings report before the sale of its main internet operations to Verizon Communications Inc., posting adjusted revenue and profit that topped analysts' estimates.

Verizon Communications Inc, the No. 1 U.S. wireless carrier, said on Tuesday it agreed to buy the core internet business of Yahoo Inc for $4.48 billion, about $350 million less than the original price.

Verizon Communications Inc. is close to a renegotiated deal for Yahoo Inc.'s internet properties that would reduce the price of the $4.8 billion agreement by about $250 million after the revelation of security breaches at the web company, according to people familiar with the matter.

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

Yahoo Inc said Monday that it would rename itself Altaba Inc and Chief Executive Officer Marissa Mayer would step down from the board after the closing of its deal with Verizon Communications Inc.

Yahoo Inc shares fell almost 5 per cent after the breach of data belonging to more than 1 billion users was disclosed, following another large hack reported in September.

The White House on Thursday said it could not address the potential scope of vulnerable material from Yahoo Inc's most recently disclosed hack, adding that the FBI is investigating the breach.

Yahoo Inc shares fell almost 5 per cent after the technology company disclosed a second massive data breach that raised fears Verizon might kill a deal to buy its core internet business.

Women executives left Yahoo Inc US operations at an unusually high rate after the technology company announced plans to sell itself earlier this year, but it was not immediately clear why, according to the company's 2016 diversity report, released on Monday.

Women executives left Yahoo Inc at an unusually high rate after the US technology company announced plans to sell itself earlier this year, but it was not immediately clear why, according to the company's 2016 diversity report, released.

A Yahoo Inc media executive fired from the internet company last year has filed a lawsuit claiming a job review process implemented by Chief Executive Marissa Mayer was used to cut men from executive ranks and lay them off illegally.

Yahoo Inc last year secretly built a custom software program to search all of its customers' incoming emails for specific information provided by US intelligence officials, according to people familiar with the matter.

Six Democratic US senators on Tuesday demanded Yahoo Inc explain why hackers' theft of user information for 500 million accounts two years ago only came to light last week and lambasted the company's handling of the breach as "unacceptable."