Search Results for: Yahoo
Yahoo agrees to pay $35 million for misleading investors after data breach
April 27th, 2018
The Securities and Exchange Commission (SEC) announced that Altaba formerly known as Yahoo! Inc. has agreed to pay a $35 million penalty to settle charges that it misled investors by failing to disclose one of the world’s largest data ...
Yahoo automates legal operations to save time and reduce cost
August 23rd, 2017
Yahoo’s move to automate thousands of workflows and process saw the company turn to ThinkSmart. Paul Hirner, CEO, ThinkSmart discusses the journey. As an enterprise grows, so do the demands on its legal team and the inefficiencies, costs and ...
Yahoo General Counsel resigns following investigations for cybersecurity failures
March 8th, 2017
A report prepared for the Securities and Exchange Commission identified $11 million worth of legal costs associated with a mass hack of Yahoo accounts that took place in 2014. Last week, Yahoo confirmed that general counsel and company secretary ...
Yahoo Faces SEC Probe Over Data Breaches
January 23rd, 2017
U.S. authorities are investigating whether Yahoo Inc.’s two massive data breaches should have been reported sooner to investors, according to people familiar with the matter, in what could prove to be a major test in defining when a company ...
Yahoo to Change Name to Altaba; board will whittle down
January 10th, 2017
Moves will come after $4.8 billion sale to Verizon Yahoo Inc. said Monday it will whittle down its board after completing its deal with Verizon Communications Inc., and several longtime directors, including Chief Executive Marissa Mayer and co-founder David ...
Why Lawyers Sue Yahoo?
December 19th, 2016
On Wednesday afternoon, Yahoo disclosed that it had discovered a data breach exposing the private information of more than one billion user accounts. Less than 12 hours later that same day, a plaintiffs’ firm in Los Angeles had cranked out and ...
Stolen Yahoo Data Includes Government Employee Information
December 15th, 2016
FBI, CIA, NSA, White House workers among hacking victims Former intelligence officers say leak could aid foreign spies More than 150,000 U.S. government and military employees are among the victims of Yahoo! Inc.’s newly disclosed data breach, and their ...
Verizon to announce $5 billion deal to buy Yahoo on Monday: source
July 25th, 2016
Verizon Communications Inc (VZ.N) will announce an agreement on Monday to buy Yahoo Inc (YHOO.O) for about $5 billion, according to a person familiar with the matter. The announcement will come before the start of New York trading hours, ...
What is going on with Yahoo effort to sell itself
July 21st, 2016
Yahoo making ‘great progress’ on sale. But to what end? The same day CEO Marissa Mayer announces unremarkable earnings, the next — and possibly final — round of bids reportedly comes in. That means the end of Yahoo, as ...
Yahoo to Reconsider Sale of Web Business Instead of Spinoff
January 11th, 2016
A decision to sell would contradict Yahoo’s intent to spin Verizon has publicly stated interest in acquiring Yahoo Yahoo! Inc. is considering an outright sale of its business, marking what could hasten a significant shift in the company’s thinking as ...
