Tag: Yahoo

Marissa Mayer is in deep shit
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Marissa Mayer is in deep shit

After less than stellar stock prices, it appears Marissa Mayer may soon be on her way out as the ferocious leader of Yahoo. According to people briefed on the matter, Mayer is "under intense scrutiny" this week following not so pleasant stock prices; a less than formidable marketing strategy, and an angry set of board members. Reports indicate that Mayer's problems began after Yahoo's Board of Directors reportedly rejected her upcoming plan to spin off the company's 15% stake in Chinese e-commerce giant Alibaba. The company, would have purportedly been called Aabaco, however, it doesn't appear such will be happening. Some of the trouble could be paid to the fact that the hedge fund in which manages most of Yahoo's Board  didn't quite take to well to the IRS not reaffirming that the A...
Edward Snowden: Close your Yahoo accounts now
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Edward Snowden: Close your Yahoo accounts now

Edward Snowden is no stranger to the discussion of web security and freedom. So much so, that the discussion of Marissa Mayer's compliance with a government order to scan e-mails in Yahoo for whatever reason possible wasn't off limits. It emerged last week in exclusive reports of how Yahoo was ordered by the United States Government and the NSA to create a top secret e-mail program that could scan and all-day at that for e-mails and attachments that the government sought necessary for data collection. The news, perhaps, has rattled e-mail users for the struggling search engine. According to the IB Times, Snowden himself, has since jumped on the band wagon convincing people to close their Yahoo accounts. Granted, the government order sought specific attachments and phrases, but it has...
Verizon to buy Yahoo for $4.8B
CERTIFIED

Verizon to buy Yahoo for $4.8B

The long awaited sale of Yahoo is here. According to reports, Verizon Wireless is reportedly set to acquire the troubled search engine and email service amid long winded rumors that Mayer may be out of a job. The news first came from the WSJ, who reported that at one point the start up was worth more than $125B.  The journal notes that the fall of Yahoo is one of the most remarkable in Silicon a Valley's long history.
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