Welcome to The Forum

Register now to gain access to all of our features. Once registered and logged in, you will be able to create topics, post replies to existing threads

Yahoo Results Beat; Sees Verizon Deal Closing Later Than Expected


Ron Burgundy
 Share

Recommended Posts

Yahoo Inc reported better-than-expected quarterly adjusted profit and revenue, and said it expected the sale of its core internet business to Verizon Communications Inc to complete in the second quarter from the first. The fate of the deal was thrown into doubt after Yahoo disclosed two major data breaches last year. The internet pioneer said in December it had uncovered a massive cyber attack in 2013 affecting more than 1 billion user accounts, double the number compromised in a 2014 breach that Yahoo disclosed in September.

 

View the full article

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share