Tag "Verizon"

Verizon acquires Niddel to boost threat detection capabilities

By : CIOL Writers

Verizon has acquired privately-held company Niddel to boost its security detection and response mechanism for enterprise customers. Terms of the transaction were not announced. Niddel offers machine-learning-based automated threat hunting and its advanced technology and services will soon be integrated into, and

Yahoo’s 2013 security breach affected all 3B accounts

By : CIOL Writers

Yahoo’s 2013 data breach was far worse than what was earlier made to believe. In a shocking revelation, Yahoo, now part of Verizon Communications, said on Tuesday that an investigation showed all 3 billion of its user accounts were affected in

Verizon data breach: 6M users’ data leaked online

By : CIOL Writers

Millions of Verizon customer data records have been leaked online, according to a ZDNet report. Reportedly, data of “as many as 14 million” Verizon customers was readily available to download after an employee at Nice Systems left them on an unsecured Amazon server. Each record

Verizon closes Yahoo deal, CEO Marissa Mayer resigns

By : CIOL Writers

As of today, Verizon is officially the owner of Yahoo. Verizon has completed its acquisition of Yahoo Inc. for $4.5 billion, which coupled with AOL has a reach of more than 1 billion consumers. Yahoo CEO Marissa Mayer is resigning after

Verizon plans to launch a streaming TV service soon

By : CIOL Writers

Verizon is planning to use the post-merger AOL-Yahoo subsidiary as a platform to “test out an over-the-top service,” according to a report from Variety. Citing remarks, the Verizon CEO Lowell McAdam made at a telecom conference in Boston this week, the report

Verizon outbids AT&T to acquire Straight Path Communications for $3.1bn

By : CIOL Writers

With AT&T and Verizon at the centre of a bidding war, the battle for 5G wireless spectrum has officially begun. And as for the first round, Verizon reportedly has won it. According to a Wall Street Journal report, Verizon Communications

Know more about Yahoo-AOL combination- Oath

By : CIOL Writers

While Twitter went berserk with the nomenclature of  AOL-Yahoo merger entity-‘Oath’, AOL CEO Tim Armstrong stepped in to explain few Whats and Whys. In a big disappointment for some, you won’t see any Oath Mail or Oath Sports, dude. “The Oath

Yahoo-AOL merged entity to be called ‘Oath’; Marissa Mayer may not be part of it

By : CIOL Writers

The next chapter of Verizon-Yahoo deal is starting with an Oath, quite literally. Verizon has announced that the combined entity of Yahoo and AOL will be named as ‘Oath’, once the $4.48 billion acquisition of the former is completed in this

Verizon and AT&T next to boycott advertising on Google’s network

By : CIOL Writers

Along with Havas, the world’s sixth-largest advertising and marketing company, AT&T and Verizon have also joined the boycott against Google for displaying their brand’s ads alongside controversial content – videos promoting terrorism or anti-Semitism. AT&T and Verizon are the latest to

Verizon snaps a $350mn discount on Yahoo deal, new price $4.48bn

By : CIOL Writers

Yahoo’s disclosure of two massive data breaches that affected more than a billion users finally gets stamped as Verizon knocks off $350mn of the Yahoo’s original sale price that now stands at $4.48 billion. Interestingly, the two have also agreed

Verizon reportedly to close Yahoo acquisition with a $250mn discount

By : CIOL Writers

Everyone knew this was coming. Verizon and Yahoo are closing their deal with a price tag that’s $250 million less than the $4.8 billion agreed upon last year, according to a Bloomberg report. Though the figure is smaller than what

Yahoo beats Q4 earnings predictions and expectedly delays the closure of Verizon acquisition

By : CIOL Writers

Beating Wall Street earnings expectations, Yahoo released its fourth quarter earnings results, generating $1.47 billion in revenue and earnings per share of $0.17. The analysts had expected the company to report $1.38 billion in revenue with earnings per share of

Yahoo reveals another massive breach affecting 1bn user accounts

By : CIOL Writers

Breaking its own embarrassing record of security breaches, California-based Yahoo has disclosed yet another cyber-security breach of more than one billion user accounts that occurred in 2013. This is the second such discovery since Verizon acquired Yahoo for $4.83 billion.

Verizon acquires SocialRadar, a mapping startup to boost MapQuest

By : CIOL Writers

Verizon has acquired Washington DC-based SocialRadar, a social mapping startup for an undisclosed amount. The brainchild of former Blackboard co-founder Michael Chasen, SocialRadar provides technology that takes users to exact specific location, even to a specific door in a building,

Yahoo admits it knew about the hack in 2014 itself

By : CIOL Writers

In a not so surprising turn of events, Yahoo has admitted that some of its employees were aware of the massive data breach of 500 million users as early as 2014 — much before Yahoo publicly acknowledged the hack. According

Verizon acquires Vessel to boost its online video ambitions

By : CIOL Writers

In an attempt to bring more content publishers and boost its video ambitions, Verizon is acquiring Vessel, a mobile video service provider to use its technology, product, and team to strengthen the telecommunication giant’s online video strategy. Though the financial

Verizon reportedly asking for $1 billion discount on Yahoo

By : CIOL Writers

When Verizon signed a deal to buy Yahoo for $4.8 billion in July, it looked as if Yahoo’s sinking ship might just have got its anchor. But, seems like the anchorage is still really far off. First, it was the

Disney too is in fray for a possible Twitter buyout

By : CIOL Writers

Walt Disney is evaluating a potential bid for Twitter, Bloomberg reported on Monday. Confirming the news, Techcrunch reports that the company is indeed working with bankers now to determine whether the deal makes sense. Twitter co-founder and chief executive Jack

Verizon boosts content services in India with Airtel partnership

BANGALORE, INDIA: Verizon Digital Media Services and Bharti Airtel have partnered to launch new points of presence (PoPs) in four cities in India: Mumbai, Chennai, Bangalore and New Delhi. The installations mark Verizon Digital Media Services’ significant investment into expanding

Verizon buys Fleetmatics to strengthen its enterprise mobility services

By : CIOL Writers

Barely a week after acquiring Yahoo Inc., Verizon has announced another huge purchase: Fleetmatics, a Dublin-based telematics company, for $2.4 billion in cash, to build out the products that it offers to enterprises in the areas of logistics and workforces