Verizon completes $4.5 billion takeover of Yahoo

Jun 14, 2017

Verizon completes $4.5 billion takeover of Yahoo

Verizon has taken over Yahoo, completing a $4.5 billion deal that will usher in a new management team to attempt to wring more advertising revenue from one of the internet's best-known brands. Tuesday's closure of the sale ends Yahoo's 21-year history as a publicly traded ...

Jun 12, 2015

Net neutrality takes effect Friday, U.S. appeals court rules

A federal appeals court says it won't block net neutrality rules, which are set to go into effect Friday as a result even though AT&T, Verizon and other companies are fighting against them. A three-judge panel of the U.S. Court of Appeals for the District ...

Sprint names new CEO after dropping bid for rival T-Mobile

Aug 7, 2014

Sprint names new CEO after dropping bid for rival T-Mobile

Sprint's new owner is replacing its longtime CEO with a Hispanic billionaire and entrepreneuer after dropping its bid for rival wireless carrier T-Mobile US. Marcelo Claure, the CEO of Miami-based cellphone distributor Brightstar, will replace Dan Hesse on Monday, Sprint Corp. said Wednesday. Claure, 43, had ...

Jun 7, 2013

U.S. spies track all Verizon calls

The National Security Agency appears to be collecting the telephone records of millions of American customers of Verizon, one of the nation's largest phone companies, under a top-secret court order issued in April. The order appears to require Verizon to provide the NSA with daily ...