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All posts tagged "Yahoo!"

  • Yahoo hack: is this the biggest in history?

    Internet icon Yahoo! has revealed what might just be the biggest hack in recent history. The company confirmed that a hack, which took place in 2014, saw details associated with 500 million user accounts being stolen. Who could be responsible for these actions? Well, the firm believes that these weren't necessarily bedroom hackers acting on their own... "A recent investigation by Yahoo! Inc. has confirmed that a copy of certain user account information was stolen from the company's network in late 2014 by what it believes is a state-sponsored actor," the company wrote in the statement. Compromised account information may include "names, email addresses,...

  • Weekly Round Up #71: Nintendo NX leaks, Apple financials, Verizon buys Yahoo & more

    Welcome to Weekly Roundup, our podcast discussing the latest tech trends, innovation, and news from the last few days. This week, Hadlee Simons plays host, chatting with Ventureburn and Gearburn staffers Matthew Alexander and Andy Walker. The team discusses the recent Nintendo NX leaks, Apple's mixed-bag Q3 financial report, Yahoo's sale to Verizon and the new Blackberry DTEK50 Android-based smartphone. What are we watching, reading, playing: Both Andy and Hadlee are still playing the same games they were last week (notice the trend here?). Matthew's currently on a Ghostbusters binge, watching the first movie before he braves the latest. Tweet of the Week:...

  • Yahoo sale to Verizon confirmed, but is it doomed to fail?

    After reports earlier today, Verizon has confirmed that it's acquiring ailing internet company Yahoo in a deal worth US$4.8-billion. The joint statement confirms that the sale won't include Yahoo's cash, Yahoo Japan, Alibaba and 3000 patents. "These assets will continue to be held by Yahoo, which will change its name at closing and become a registered, publicly traded investment company," Yahoo confirmed. Verizon says that the move will help contribute to its goal of becoming a top media operation, as Yahoo will be integrated into AOL. "Just over a year ago we acquired AOL to enhance our strategy of providing a cross-screen connection...

  • Verizon to buy Yahoo core business for $4.8bn – report

    Yahoo's publishing and advertising business has seen much better days, being viewed as an ailing internet icon by many. Now, the New York Times has reported that US network Verizon is stepping in to acquire the core business for roughly US$4.8-billion. The publication, citing "people briefed on the matter", said that Yahoo's shareholders would retain over US$41-billion in investments. These investments include the company's Japanese operations, 3000 patents and the Alibaba internet conglomerate. The sale announcement is expected to take place later today (Monday). Yahoo CEO Marissa Mayer won't be retaining the helm, the publication reported, and will most likely receive a severance...

  • Twitter stock rises amid Google takeover rumours

    Where there is smoke, there is fire, the saying goes. And it holds any truth, fresh rumours of a Twitter acquisition may have more truth to them than you think. According to Mashable, Twitter’s shares rose ‘amid gossip in the investment community that the company had hired advisors to deal with takeover bids.’ At this rumour, Twitter’s shares rose up to 4.8% as rumours of Google and Yahoo planning a possible buyout surfaced. On Tuesday, rumours were doing the rounds that Twitter had hired advisers including Goldman Sachs to fend off companies that are interested in buying the social media...

  • Google sees biggest traffic drop in five years as Yahoo grows

    Recent numbers by StatCounter show that Yahoo has achieved remarkable growth in the last month while Google's search traffic dropped. In the US at least, the world's largest search engine faced a drop of 2.1% between November and December after Mozilla announced that its Firefox web browser would be ditching Google for Yahoo as its default search engine in the US. “The move by Mozilla has had a definite impact on US search,” commented Aodhan Cullen, CEO, StatCounter. “The question now is whether Firefox users switch back to Google.” Firefox users represented just over 12% of US internet usage in...

  • Tumblr now has buy, pledge, and get involved buttons

    In the last six months Tumblr has overtaken Instagram as the fastest-growing social media platform, and now it seems that the site wants to overtake the competition when it comes to bringing in money and doing good. The first step in that direction the testing of a feature that will allow users who post links from a selection of sites like Etsy, Artsy, Kickstarter and Do Something to buy, browse, pledge or do something. At this point the feature is only available on desktop. These buttons are only available to these four sites, but in the long run when Tumblr extends...

  • Yahoo will become the default search engine for Firefox in the US

    Firefox just dumped Google for Yahoo. After celebrating its 10 year anniversary earlier this month, Mozilla flaunted new initiatives to further its vision of democratising the web, throwing around strong words such as choice, opportunity and independence. The software giant has just announced a partnership that will integrate Yahoo Search as its default search engine for its Firefox web browser. This move essentially concludes a 10-year deal between Google and Firefox and initiates a five-year partnership with Yahoo. Starting December 2014, Yahoo Search will become the default search engine for Firefox users in the US only -- one of the...

  • Yahoo’s end-to-end encryption tool will combat email snooping

    Yahoo is now the second major tech influencer to actively support email privacy. At Black Hat USA, the multifaceted tech giant recently announced to roll-out an encryption tool for its email service by 2015. Borrowing from Google's tech, the update aims to give willing Yahoo Mail users ultimate privacy when conversing with one another, whether good or bad. To stamp out controversial issues highlighted by NSA voyeurism and the like, online privacy has been at the forefront of popular debate ever since the web was born, and blew up after the Edward Snowden debacle last year. The move requires both email...

  • It’s time for the Phoenix to rise: Yahoo! in 2014

    Fourteen months ago, Yahoo! pulled off one of the best executed coups of in the tech industry. In the midst of great doubt and what some considered its death knell, Yahoo! flipped the script. And so like a phoenix the ailing tech giant began to rise from the ashes with the appointment of Marissa Mayer as CEO. Yahoo!'s recent history has been something of a disappointment. The Sunnyvale company entertained a revolving door of CEOs and appeared to have stumbled into mediocrity, while Google flourished. Things are changing. In the last year there has been an intense focus on beauty,...

  • Marissa Mayer unveils revamped Yahoo! Advertising [CES2014]

    If Yahoo! really is to rise from the ashes in 2014, advertising is undoubtedly one of the areas it has to get right. And when CEO Marissa Mayer took to the CES stage in Las Vegas, we got an idea of how it intends to do that. During her keynote, Mayer announced the launch of a revamped Yahoo! Advertising, at the same time showing exactly how the company intends to make money from Tumblr. The new approach, the company claims in an official blog post, allows it to deliver unified campaigns "across premium and audience-focused display, native and search...

  • BlackBerry blunders to magnificent Marissa: 2013’s biggest winners and losers in tech

    The year 2013 has been a big year of highs and lows for the tech industry. We’ve seen some great start-ups hit the big league this year. At the same time we’ve seen the fall and demise of a few giants in the industry. Looking back through the year, here’s a few winners and losers that we thought stood out: Losers of 2013 1. BlackBerry After years of development and promise, Blackberry finally launched its OS10 edition along with two great phones: the Q10 and the Z10. The only problem is their phones were five years late. If these phones were...

  • Yahoo collapses, Firefox drops Java and Instagram kills Snapchat: #StuffToKnow

    While the pope is the person of the year, Yahoo Mail is the undoubted failure of the week. Firefox meanwhile has decided to block Java. YouTube also re-winded through the year's most epic videos. And, proving that Christmas can come early, Beyonce just dropped a full album with a ton of collaborators out of nowhere. Oh and you can help save the world while riding a bike. INTERNET Yahoo's prolonged email outage enrages those who still use it Yahoo Mail has been down for up to three days for some people, in the webmail service's worst failure yet and, being on the...

  • Fewer than 25% of Yahoo employees use Mail — hilarious memo ensues

    Anyone whose company has forced them to switch email systems will appreciate this. Fewer than 25% of Yahoo employees use the company's own email service, with most clinging desperately to Microsoft Outlook. This has, in turn, resulted in a doozy of an internal memo -- first spotted by AllThingsD's Kara Swisher. The memo, titled “Windows 95 called and they want their mail app back”, starts out by comparing the migration rate to a high school grading curve, before going on to make Google references and aiming a few more jabs at Microsoft. One paragraph in particular digs deep at the Microsoft-built...

  • Marissa Mayer: Yahoo! is riding the mobile wave to reinvention [DF13]

    When Marissa Mayer first walked into Yahoo!, she sat in the cafeteria, meeting the employees and trying to source out the company. According to the CEO, her "aha!" moment came when a mobile engineer came to chat to her. Since taking up the troubled mantle of Yahoo!'s head honcho, Mayer has made it clear that mobile is the way to go. Taking the stage at Dreamforce, Saleforce.com's mega conference, Mayer said that at Yahoo!'s core it is a company that builds for the mobile users. Yahoo! is a mobile first company She thinks of the company as mobile first and reckons...