News and Articles About Verizon
Oath will be an umbrella of brands, including Yahoo and some AOL publications.
Verizon's acquisition of Yahoo is now valued at approximately $4.48 billion, down from $4.8 billion.
Verizon Unlimited offers unlimited data, talk and text on smartphones for $80 per month.
The top American wireless carrier still expects to go through with the deal, but is looking for 'major concessions' in light of the most recent breach.
Verizon has had preliminary briefings from Yahoo but it still needs 'significant information' from the company before it makes a final decision on the acquisition.
Last month Yahoo said at least 500 million of its accounts were hacked in 2014.
'Google is search, Facebook is social, we're going to be brand,' he said.
Given the new web properties and brands Verizon acquired, advertisers will have more opportunities than ever before.
Just last month, Verizon bought Yahoo for $4.8 billion, diving into digital media and advertising.
When senior Yahoo executives gathered at a San Jose hotel for a management retreat in the spring of 2006, there was no outward sign of a company in crisis.
The career cell phone executive has been leading the company's quest move beyond its telecom roots.
The purchase will boost Verizon's AOL internet business, which it bought last year for $4.4 billion, as it gains access to Yahoo's ad technology tools.
The biggest U.S. wireless carrier is seeking to challenge the second largest U.S. wireless provider in the third round of bidding.
No committed financing was required for second-round bids, and Yahoo will assemble in the coming days a new shortlist of bidders from which it will solicit binding offers.
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