EghtesadOnline: The chairman of the U.S. House Energy and Commerce Committee on Tuesday asked chief executives from companies representing the two sides of the net neutrality debate, including Alphabet, Facebook, AT&T and Verizon, to testify at a Sept. 7 hearing.
EghtesadOnline: Verizon Communications Inc (VZ.N) said on Thursday it expected to incur about $500 million in pre-tax expenses in the second quarter as a result of its $4.48 billion purchase of Yahoo Inc's (YHOO.O) core business.
EghtesadOnline: Verizon Communications Inc said on Tuesday it closed its $4.48 billion acquisition of Yahoo Inc's core business and that Marissa Mayer, chief executive of the internet company, had resigned.
EghtesadOnline: Verizon Communications Inc. will introduce a new division called Oath this summer, around the time the telecommunications giant expects to close its deal to combine its AOL unit with Yahoo! Inc.’s internet assets.
EghtesadOnline: Verizon Communications Inc sought almost triple the price reduction that it ultimately obtained for Yahoo Inc's core assets following two massive cyber attacks at the internet company, according to a Yahoo filing.
EghtesadOnline: Verizon Communications Inc said on Tuesday it would buy Yahoo Inc's core business for $4.48 billion, lowering its original offer by $350 million in the wake of two massive cyber attacks at the internet company.
EghtesadOnline: Yahoo Inc on Monday reported better-than-expected quarterly profit and revenue, and said the sale of its core internet business to Verizon Communications Inc should be completed in the second quarter, allaying some investor concerns that the deal might collapse.
EghtesadOnline: The second major hack of Yahoo! Inc. user accounts is unlikely to derail Verizon Communications Inc.’s $4.83 billion acquisition of the tech giant, with investors and the public becoming inured to near-daily disclosures of cyberattacks.
EghtesadOnline: Yahoo Inc came under renewed scrutiny by federal investigators and lawmakers on Thursday after disclosing the largest known data breach in history, prompting Verizon Communications Inc to demand better terms for its planned purchase of Yahoo's internet business.
EghtesadOnline: It turns out not all iPhone 7s are created equal. The latest Apple Inc. smartphones that run on Verizon Communications Inc.’s network are technically capable of downloading data faster than those from AT&T Inc. Yet in testing, the two phones perform about the same, according to researchers at Twin Prime Inc. and Cellular Insights.