Tag: yahoo
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Yahoo CEO reprimanded in fallout from data breach
Yahoo CEO Marissa Mayer has agreed to forgo her annual bonus due to the multiple data breaches the technology company suffered during her tenure. Marissa Mayer, who became CEO of Yahoo in 2012, released a statement on Tumblr that announced that she was giving up her annual bonus and equity grant because of the data breaches. “I…
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Yahoo CEO Marissa Mayer is quitting
Yahoo CEO Marissa Mayer is set to leave the company after Verizon’s acquisition is completed. Verizon has purchases the core services formerly run by Yahoo, including email, blogs, apps and sports, in a deal that is expected to close in March this year. Mayer has announced she’ll be leaving the Yahoo board, joined by other departing…
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Yahoo hackers stole information from 500 million users
Yahoo has just confirmed hackers stole personal information from approximately 500 million users in 2014. The breach has been classified as the largest publicly disclosed cyber-breach in history, but we’re only being told about it now. Although Yahoo announced it was investigating a data breach earlier this summer, at the time they believed only 200 million accounts…
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Yahoo is For Sale
Anyone looking to buy a multinational technology company? Well it’s your lucky day because it looks like Yahoo is for sale. Company chairman, Maynard Webb writes that Yahoo “The Board also believes that exploring additional strategic alternatives, in parallel to the execution of the management plan, is in the best interest of our shareholders.” In…