Items tagged with Yahoo

Yahoo is getting into the business of mobile phone service as an MVNO, which stands for Mobile Virtual Network Operator. MVNOs piggyback on the networks of major wireless carriers—in this case, Yahoo Mobile operates on Verizon's network—and they often charge cheaper rates than going through one of the big four directly. Some of the more popular MVNOs include Cricket Wireless (AT&T), Metro (T-Mobile), Straight Talk (AT&T, Sprint, T-Mobile, and Verizon), and Virgin Mobile (Sprint), to name just a few of the many offerings. More recently, ISPs have been joining the fray. Charter Communications, for example, sells a Spectrum Mobile service and Comcast offers Xfinity Mobile, both... Read more...
Two-factor authentication (2FA) is usually touted as an effective layer of security for online account. Many people have recently learned the hard way that this method may not be as helpful as it seems. Hackers have targeted nearly 1,000 Google and Yahoo accounts by bypassing two-factor authentication. Amnesty International, a non-profit group, recently published a report that documented the phishing attacks. The attacks have specifically targeted journalists and activists in the Middle East and North Africa in 2017 and 2018. Amnesty International believes that the hackers are based in Persian Gulf countries. How does the attack work? First, the attackers sent out convincing “security alerts”... Read more...
After two decades of connecting people, Yahoo Messenger has just a few short weeks on this planet before it will be shut down for good. Parent company Oath announced today that Yahoo Messenger will officially kick the bucket on July 17th, 2018.  We should not that leading up to the July 17th execution date, you will still be able to use the service normally without interruption. However, starting July 18th, you will not be able to use the service or access your chats. You can, however, download your chat history for the next six months according to Oath with the downloader request site. Given the rise of text messaging and chat services like Facebook Messenger, Snapchat, WhatsApp... Read more...
If you're a Verizon Wireless customer looking to purchase a Galaxy S9 or Galaxy S9+ in the near future, we've got some bad news for you. America's largest wireless carrier has just signed deal with Samsung that will see Verizon’s Oath subsidiary install bloatware across devices that are Bixby-enabled.  We don't know of many (or rather, any) people that enjoy having their mobile devices preloaded with unnecessary apps, but Verizon sees this as another way to drive revenue from customers that are increasingly turning away from traditional ways to view content. In this case, Samsung devices bought through Verizon Wireless will come preloaded with Yahoo Sports, Oath Newsroom,... Read more...
Back in 2013, Yahoo's database was breached by hackers and it wasn't discovered or reported until 2016. When that reporting happened last year, Yahoo thought that detials on 1 billion of its user accounts had been stolen. As it turns out, things are much worse than Yahoo (now owned by Verizon and part of Oath) originally thought. Yahoo reports that after its acquisition by Verizon and during the integration of the two companies, new intelligence on the breach was found and that it now believes all 3 billion accounts existing in 2013 were stolen in the hack. Yahoo reminds users that this isn't a new security breach and notes that it will be sending out emails to all additional users affected.... Read more...
Once Verizon completes its acquisition of Yahoo and merges it with AOL, it will create a new "value" division called "Oath." Tim Armstrong, the longtime CEO of AOL, tweeted out the new name and it did not take long for the Internet to start mocking it. That is to be expected when snark seems to rule the web, though Verizon certainly didn't do itself any favors by settling on the name "Oath" without any explanation to how it arrived at that brand.Here is a look at the original Twitter post and some of the comments that followed: Billion+ Consumers, 20+ Brands, Unstoppable Team. #TakeTheOath. Summer 2017. pic.twitter.com/tM3Ac1Wi36 — Tim Armstrong (@timarmstrongaol) April 3, 2017 Tribune Publishing:... Read more...
The investigation regarding the 2014 Yahoo hack is finally getting somewhere. The United States Justice Department just announced the indictment of two members of the Russian intelligence agency FSB, and two hackers hired by the Russians. The spies managed to hack into 500 million Yahoo accounts. The charges against the four include hacking, wire fraud, trade secret theft and economic espionage. The United States currently does not have an extradition treaty with Russia, which will make bringing the criminals to justice difficult. The Justice Department also noted that people sometimes slip away to countries that are less than willing to transfer the criminals to the United States for prosecution.... Read more...
Marissa Mayer’s tenure as Yahoo CEO is quickly winding down. The troubled internet portal has been in the news for all the wrong reasons following Verizon’s announcement last year that it would purchase the company for $4.83 billion. However, we are learning today that once Mayer steps down following the close of the deal with Verizon, she will be floating back to earth with a pretty snazzy golden parachute. Regulatory documents, which were filed today, shows that Mayer will receive a total of $23 million in compensation when she leaves the company. That figure includes roughly $3 million in cash, nearly $20 million in equity and another $24,000 in benefits. Those figures might at first glance... Read more...
Yahoo CEO Marissa Mayer has come under a lot of fire this year, especially for the number of security breaches the corporation has divulged. As a result, Mayer has decided to forgo her usual annual bonus and will instead redistribute it among the corporation’s employees. Mayer remarked on her Tumblr account, “I am the CEO of the company and since this incident happened during my tenure, I have agreed to forgo my annual bonus and my annual equity grant this year and have expressed my desire that my bonus be redistributed to our company’s hardworking employees, who contributed so much to Yahoo’s success in 2016.” Mayer’s post is not entirely honest. The CEO is not “giving up” her bonus. Mayer is... Read more...
Verizon has made it official -- the company today revealed that it has mutually agreed to lower its purchase price of Yahoo by $350 million, bringing the total value of the deal down to $4.48 billion in cash. This follows a report from last week, which indicated that Verizon was seeking a $250 million to $350 million discount for the internet portal. “The amended terms of the agreement provide a fair and favorable outcome for shareholders,” stated Marni Walden, Verizon’s Executive Vice President and President of Product Innovation and New Businesses. For her part, current Yahoo CEO Marisa Mayer chimed in, writing, “We continue to be very excited to join forces with Verizon and AOL. This transaction... Read more...
Everyone loves a discount, especially when that discount ranges in the millions of dollars. Verizon is reportedly trying to reduce the $4.83 billion USD price tag for Yahoo, Inc. by $250 million. The renegotiation is in light of Yahoo’s disclosures of past security breaches. Yahoo revealed three security breaches this past year. In May, the corporation disclosed that Russian hackers stole and traded on the black market information from more than 40 million Yahoo accounts. The information was mostly from American banking, manufacturing, and retail outfits. This past summer, a hacker known as “Peace” listed 200 million Yahoo accounts for 3 bitcoins or roughly $1,800 USD. In December, the corporation... Read more...
By now you might have heard that Yahoo is changing its name to Altaba following its sale to Verizon Communications, and that Yahoo CEO Marissa Mayer is stepping down from the company's board of directors. News of Yahoo's fate spread like wildfire last night after Yahoo posted a filing with the United States Securities and Exchange Commission (SEC) detailing the changes, though there are a few things that need clarifying. One of them is that Yahoo probably is not going to disappear.Let's back up a moment. Verizon agreed to purchase Yahoo's search engine and web properties for $4.83 billion back in July of 2015. Not included in the pending deal are the investments that Yahoo's shareholders made,... Read more...
The growing consensus is that the U.S. government is overstepping its bounds and trampling on people's right to privacy. Former NSA contractor Edward Snowden blew the whistle on the government's vast spying program, and while that was an eye opener for the country (and world) at large, the full extent of its efforts are still coming to light. The most recent example is the email scanner Yahoo built under the direction of the NSA and FBI.Developed in secret, the email scanner was found to be a sophisticated hacking tool, or rootkit, as some experts have classified it. The email scanner gave the U.S. government the ability to spy on millions of Yahoo Mail users without their knowledge or consent.... Read more...
Let’s put it bluntly; it sucks to be Verizon right now. Back in July, the company announced its intentions to purchase Yahoo for $4.83 billion in an effort to “enhance [its] strategy of providing a cross-screen connection for consumers, creators and advertisers.” That paltry price tag was a relative bargain compared to the $50+ billion that Microsoft was rumored to offer for Yahoo earlier in the decade. However, not long after Verizon made its intentions known, it was rocked by the news that Yahoo executives sat on information that 500 million accounts had been hacked in 2014. Following these disclosures to the public, it was reported that Verizon was seeking to trim $1 billion off the purchase... Read more...
My phone just pinged. Did someone just like the Instagram photo of my dog? Is my Chipotle to-go order finally ready? Nope, I was one of the lucky one billion users whose Yahoo account was infiltrated by hackers, my personal information potentially compromised. This past November law enforcement provided Yahoo with files that a third party claimed was Yahoo user data. Yahoo then hired an outside forensics team, and established that the data did in fact belong to their users. According to Yahoo, “Based on further analysis of this data by the forensic experts, we believe an unauthorized third party, in August 2013, stole data associated with a broader set of user accounts…” That "broader set" of... Read more...
Yahoo is again catching fire over a security breach dating back to 2014 that compromised the accounts of 500 million users, though this time the criticism is aimed at Yahoo's lack of timely disclosure. The company fessed up earlier this week that at least some of its employees had knowledge that a cyberattacker backed by a foreign government had hacked into its systems. The disclosure is contained in a filing Yahoo made this week with the United States Securities and Exchange Commission (SEC). In it, Yahoo says it "had identified that a state-sponsored actor had access to the company’s network in late 2014," adding that its prior knowledge is under review as part of a broader internal investigation.... Read more...
Yahoo can't seem to catch a break these days. At least one research firm predicts the company will report a double-digit decline in ad revenue when it reports earnings with the Securities and Exchange Commission. Coupled with the negative attention Yahoo has received over a massive security breach and the revelation that it built a sophisticated email scanner for the U.S. government to spy on its users, there's increasing chatter than the Verizon deal might be off. Verizon agreed to purchase Yahoo for $4.8 billion last July, but in the time that's passed since then and now, Yahoo's taken a beating in the press, all self-inflicted. More recently, it was reported that Verizon might be seeking a... Read more...
Yahoo has turned back on the automatic forwarding feature for Yahoo Mail users after previously disabling the function as part of what the firm claimed was planned maintenance. It's sticking with that explanation, saying the temporary disruption was part of a broader upgrade to its email service that's been taking place over the course of the year.Image Source: Flickr (Rodrigo Paoletti) "Last week, we temporarily disabled the ability to add new automatic forwarding in Yahoo Mail. As of today, auto-forward is enabled again for all Mail users," said Michael Albers, VP of Product Management, Yahoo Mail. "We apologize for the interruption.""Why the pause? Over the past year, Yahoo Mail has been upgrading... Read more...
It's been a long time since I've read Dale Carnegie's "How to Win Friends and Influence People" but I'm pretty sure there isn't a chapter on holding people hostage. That's generally a bad idea, and so is Yahoo's decision to disable the forwarding feature for its email service, which effectively prevents Yahoo Mail users from hightailing it out of there with a note left behind for anyone that comes looking. As one Yahoo Mail user told the Associated Press, the timing here is "extremely suspicious." I don't disagree with that observation. Apparently Yahoo flipped the switch on its forward feature at the beginning of the month, and while it doesn't seem to affect users who had already set up forwarding,... Read more...
"Yahoo" is a positive word, but in relation to the internet giant, it's starting to feel like it could describe some of the company's key management. Yahoo has been dealing with some troubling issues, but most of those issues were self-created, such as failing to disclose a security breach which took place years ago, and building a custom tool for the U.S. government - and the NSA in particular - to scan user emails. Now, it's being reported that Yahoo's tool is in effect a sophisticated "hacking tool", although it's supposedly not that much different from Yahoo's preexisting tools used to seek out malware, child pornography, and spam. "Tool" might be the wrong word, though, as some experts... Read more...
Yahoo has recently been in the news for security breaches and invasions of user’s privacy. The company, however, has also experienced quite a bit of conflict from former employees. A recent lawsuit has accused Yahoo CEO Marissa Mayer, Megan Liberman (editor-in-chief of Yahoo News), and Kathy Savitt (former chief marketing officer) of purposely firing male employees due to their gender. The plaintiff is Scott Ard, now editor-in-chief of the Silicon Valley Business Journal. Ard served as head of editorial programming for Yahoo’s homepage for three and a half years. He stated that he had received “fully satisfactory” performance reviews until Liberman was hired. In June 2014, Ard was informed that... Read more...
The security breach that rocked Yahoo two years ago could end up costing the company and its shareholders a lot of money—$1 billion, to be exact. That's the amount Verizon wants discounted from its pending acquisition of the search and media giant after agreeing to the buy Yahoo for $4.8 billion. The deal has yet to be finalized. Verizon's plan was to mesh Yahoo with AOL, the latter of it purchased a year ago for $4.4 billion. However, AOL CEO Tim Armstrong may be looking at ways to back out of the deal after it came to light that Yahoo failed to disclose the extent of its security breach in a timely manner.Image Source: Flickr (Eric Hauser)"In the last day we’ve heard that Tim is getting cold... Read more...
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