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Bloomberg Video3 months ago
Oath CEO Armstrong Says 'You'll See Us do More Content Deals'
Jan.10 -- Oath CEO Tim Armstrong discusses a deal to stream NFL playoff games on Yahoo Sports and the need for more content deals. He speaks on "Bloomberg Markets."
Bloomberg Video7 months ago
Yahoo Triples Scope of 2013 Hack
Oct.03 -- Yahoo now believes a 2013 security breach exposed all 3 billion of its users at the time. Bloomberg's Crayton Harris reports on "Bloomberg Daybreak: Asia."
Reuters2 days ago
U.S. regulator fines Altaba $35 million over 2014 Yahoo email hack
WASHINGTON/SAN FRANCISCO (Reuters) - U.S. regulators fined Altaba Inc, the company formerly known as Yahoo! Inc, $35 million on Tuesday to settle charges that kept its massive 2014 cyber security breach a secret from investors for more than two years. The Securities and Exchange Commission's case marks the first time it has gone after a company for failing to disclose a cyber security breach. Yahoo's information security team learned just days after the December 2014 breach that Russian hackers had stolen the company's "crown jewels," including email addresses, encrypted passwords and security questions, the SEC said in a statement.
Investopedialast month
The Top Shareholders of Facebook
Discover who the largest Facebook shareholders are, including individual shareholders, institutional investors and the largest mutual fund shareholders.
Reuterslast month
Data breach victims can sue Yahoo in the United States: judge
In a decision on Friday night, U.S. District Judge Lucy Koh in San Jose, California rejected a bid by Verizon Communications Inc, which bought Yahoo's Internet business last June, to dismiss many claims, including for negligence and breach of contract. Yahoo was accused of being too slow to disclose three data breaches that occurred from 2013 and 2016, increasing users' risk of identity theft and requiring them to spend money on credit freeze, monitoring and other protection services. The breaches were revealed after New York-based Verizon agreed to buy Yahoo's Internet business, and prompted a cut in the purchase price to about $4.5 billion.
Motley Fool3 months ago
How Altaba, Inc. Shares Rose 81% in 2017
This alternative to simply owning Alibaba skyrocketed last year as the Chinese e-commerce titan's stock doubled in value.
Fortune5 months ago
China’s Tech Sector Has Left Its Copycat Phase Far Behind It
But the likes of Alibaba and Tencent are only half the story
Markit5 months ago
See what the IHS Markit Score report has to say about Altaba Inc.
Short interest is extremely low for AABA with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AABA. The net inflows of $4.83 billion over the last one-month into ETFs that hold AABA are not among the highest of the last year and have been slowing.
Reuters5 months ago
Canadian charged in Yahoo hacking case pleads guilty in U.S.
Karim Baratov pleaded guilty to charges returned by a grand jury in the Northern District of California in February for hacking email accounts and selling the passwords to an agent of Russia's intelligence agency, the department said in a statement. Baratov, a 22-year-old Canadian citizen born in Kazakhstan, was arrested in Canada in March at the request of U.S. prosecutors. The Justice Department announced charges in March against Baratov and three other men, including two officers in Russia's Federal Security Service, or FSB, for their roles in the 2014 theft of 500 million Yahoo accounts.
Motley Fool5 months ago
What Is Altaba Inc. Up To?
The hyper-focused investment firm's top holding is soaring in 2017.
Reuters6 months ago
Former Yahoo CEO apologizes for data breaches, blames Russians
Former Yahoo Chief Executive Marissa Mayer apologised on Wednesday for two massive data breaches at the internet company, blaming Russian agents for at least one of them, at a hearing on the growing number of cyber attacks on major U.S. companies. "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 (EFX.N) and a senior Verizon Communications Inc (VZ.N) executive.
Reuters6 months ago
Former Yahoo CEO apologises for data breaches, blames Russians
Former Yahoo Chief Executive Marissa Mayer apologised on Wednesday for two massive data breaches at the internet company, blaming Russian agents for at least one of them, at a hearing on the growing number of cyber attacks on major U.S. companies. "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 (EFX.N) and a senior Verizon Communications Inc (VZ.N) executive.
Fortune6 months ago
Yahoo’s Marissa Mayer Subpoenaed to Testify Before Senate, Says Report
The Commerce Committee wants the former CEO to talk about 2013's massive breach.
Fortune6 months ago
The 15 Most Influential Websites of All Time
They drove the world wide web's evolution.
Reuters6 months ago
Massachusetts court: Yahoo can give dead man's emails to siblings
The top court in Massachusetts ruled against Yahoo on Monday by concluding that federal law does not bar it from providing the representatives of an deceased man's estate access to his email account. The Massachusetts Supreme Judicial Court's decision marked a victory for two people who fought Yahoo for years after their brother's death in 2006, seeking access to contents of his email account.
Simply Wall St.6 months ago
Why Altaba Inc (AABA) May Not Be As Efficient As Its Industry
Altaba Inc (NASDAQ:AABA) generated a below-average return on equity of 4.73% in the past 12 months, while its industry returned 10.09%. Though AABA’s recent performance is underwhelming, it is usefulRead More...
Fortune7 months ago
Verizon’s Marni Walden on Why She’s Leaving the Company
Verizon's top-ranking female exec will leave the company in February.
Fortune7 months ago
AOL Kills Off AIM, In Many Ways a Perfect Product
Software makers would do well to emulate the simplicity, single focus of AIM.
Reuters7 months ago
Yahoo says all 3 billion accounts hacked in 2013 data theft
The news expands the likely number and claims of class action lawsuits by shareholders and Yahoo account holders, they said. Yahoo, the early face of the internet for many in the world, already faced at least 41 consumer class-action lawsuits in U.S. federal and state courts, according to company securities filing in May. John Yanchunis, a lawyer representing some of the affected Yahoo users, said a federal judge who allowed the case to go forward still had asked for more information to justify his clients' claims.
Markit7 months ago
See what the IHS Markit Score report has to say about Altaba Inc.
Short interest is extremely low for AABA with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AABA. Over the last one-month, outflows of investor capital in ETFs holding AABA totaled $853 million.
CNBC7 months ago
Starboard Value CEO Smith pushes Perrigo, Altaba as best ideas
Starboard Value Jeffrey Smith pitched store-brand pharmaceutical company Perrigo as his best investment idea now, during a conference Tuesday.
Fortune8 months ago
Mark Cuban Wants His Broadcast.com Brand Back
Brand would be applied to Cuban's stealthy chat app.