Items tagged with (NASDAQ:YHOO)

Yahoo has some ‘splaining to do. A judge in an appeal case for a drug trafficker recently ordered Yahoo to present a witness and provide documents explaining how the company recovers deleted emails. According to Yahoo’s policies, deleted emails are not recoverable. The appeal will decide the fate of Russell Knaggs of Yorkshire, England. In 2009 Knaggs was the ringleader for a plan to import five tons of cocaine from South America. A dealer in Colombia and one in Europe would communicate with one another through an email account “slimjim25@ymail.com”. One would write a “draft” and the other would... Read more...
Business is good over at Verizon. So good, in fact, that the nation's largest wireless carrier announced that it's entered into a definitive agreement to purchase Yahoo for approximately $4.83 billion in cash, the company confirmed this morning. Around this time a year ago, Verizon was closing its acquisition of AOL for $4.4 billion. "Just over a year ago we acquired AOL to enhance our strategy of providing a cross-screen connection for consumers, creators and advertisers. The acquisition of Yahoo will put Verizon in a highly competitive position as a top global mobile media company, and help accelerate... Read more...
It's good computing practice to change your passwords every now and then, and also after a major hacking incident. The latter is why you should considering changing your Gmail or Yahoo password at your earliest convenience—over 272 million online accounts have been stolen and are being traded in Russia's underground market. Researchers from Hold Security told Reuters that it found a Russian hacker gloating in a web forum that he had stolen a larger number of online credentials. His cache of compromised accounts totaled 1.17 billion, though many of them were duplicates. After eliminating redundant... Read more...
Verizon, the "Can you hear me now?" company (to quote an older marketing slogan), has major aspirations of makings its go90 streaming video service a big time money maker. To help accelerate those plans, Verizon is looking into making a purchase offer for Yahoo, provided the price is right and everything checks out.There's no offer in place at the moment, though Verizon is pretty serious about its interest in Yahoo. So serious, in fact, that it's tasked Tim Armstrong, CEO of its AOL subsidiary, in leading the charge on this one. Armstrong is one of Verizon's prized employees who's helped close... Read more...
After falling short of financial expectations in the third quarter of 2015, Yahoo is hoping that Google can be the catalyst in its ongoing turnaround effort. As such, Yahoo is turning to the Mountain View giant to provide a bit of search and advertising as the company narrows its focus on its core business. More on the deal in a moment, but first, let's have a look at some numbers. Yahoo reported $1.2 billion in revenue for the quarter, up from $1.15 billion in the same quarter a year ago. However, net income was only $76 million, or 8 cents a share, way down from $6.77 billion, or $6.70 a share,... Read more...
Adobe's Flash platform is running out of friends. You may recall that a few weeks ago Mozilla disabled Flash by default in its Firefox browser due to the discovery of multiple critical vulnerabilities, and around the same time, Facebook's chief security officer urged Adobe to set a kill date for its buggy API. Expect more of those sentiments following a recent week long attack on Yahoo's ad network. Security outfit Malwarebytes discovered the "malvertising" campaign, which kicked off on July 28. It involved hackers purchasing ads across Yahoo's various sites and then injecting them with malicious... Read more...
If you don't pay close attention, you may end up switching your default search engine without realizing it. That's the whole idea, really. During Yahoo's annual shareholder meeting on Wednesday, company boss Marissa Mayer talked about how search was in Yahoo's DNA and always will be. More importantly, she announced a three-year partnership with Oracle aimed at getting more users to try Yahoo's search engine. As part of the partnership, Yahoo will be the default search provider for Oracle's Java software. What this means is when you install or update Java, the software will ask permission to change... Read more...
Not too long ago, there were some serious doubts as to whether Microsoft and Yahoo would be able to ink a deal to continue there search partnership. However, those fears were unwarranted, as the two companies today announced that they have forged a new agreement the will still see Microsoft’s Bing engine power Yahoo search. There are of course a few changes compared to the original search deal that was put in place back in 2009. This time around, the search partnership is non-exclusive for both desktop and mobile search. So while Yahoo will still be using Bing technology to power the majority of... Read more...
We all know that many users have the same, weak password for most of his or her accounts. Plenty of password services have popped up to help us maintain strong, unique passwords, but not everyone is onboard with these programs. Now Yahoo is taking a stab at helping Joe Q. Public with his password problem with “on-demand passwords” and is touting an upcoming end-to-end (e2e) encryption plugin for Yahoo Mail.  The new feature sends a text message to your phone with a unique, strong password whenever you log into your Yahoo account. The idea is that, so long as you have your phone, you don’t... Read more...
Silicon Valley is getting a visit from President Barack Obama today, where he will sign an executive order to promote cooperation between the government and tech companies in the fight against large-scale data theft. The order will create Information Sharing and Analysis Organizations (ISAOs), which would work with the Department of Homeland Security to prevent the sorts of mass security breaches that have rocked Anthem, Sony, Target, and others. The groups will share information about hackers in the hopes that they can better prepare to defend against attacks with the shared data. President Barack... Read more...
Mozilla shocked the world (and especially Google) when it opted to end its longstanding relationship with Google as the default search provider for its Firefox browser, and instead inked a five-year deal with Yahoo to take its place. But while it was bold move for Mozilla, it's one that made complete sense for Yahoo, which is now reaping the rewards of its new relationship. As a result of the deal, Yahoo's U.S. search share is higher than it's been in five years, according to data provided by StatCounter. As of December 2014, Google took a dominant 75.2 percent share of search in the U.S., followed... Read more...
We wrote just a couple of weeks ago that Mozilla was shacking up with Yahoo to replace Google as Firefox's long-standing default search engine, and it didn't take long for the fruits of that relationship to be seen. With today’s release of Firefox 34, Mozilla has pulled the trigger on that move and at the same time rolled out some other enhancements and security fixes. Unless you specified a default search engine other than Google in the past, what you'll see after entering a term in either the address or search bar is this: Mozilla's decision to make Yahoo the default search engine has truly... Read more...
If the next time you open up the Safari browser on your iOS device and it appears to be blushing, don't try adjusting your display, it's normal behavior when you're being courted by multiple suitors. Such is the case with Safari, which is reportedly seeing interest from both Microsoft and Yahoo to replace Google as the default search engine when the existing agreement between Apple and Google expires next year.Citing "well-placed sources," the Morning Ledger says Apple is in separate discussions with both companies. The implication there is that this is something Apple is seriously considering,... Read more...
Call it the 'Edward Snowden' impact if you must, but there's no doubt that insight on the NSA's activities have technology companies working overtime to restore and regain trust. Following Google's lead to encrypt email communication, Yahoo will now do similarly by crafting a secure email system that should go online in 2015. The platform will be fortified in a way that Yahoo Mail is not currently, and will reportedly make it "nearly impossible for hackers or government officials to read users' messages." Of course, suggesting such a thing will only incite hackers to attempt to prove them wrong,... Read more...
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