Home Page News Briefs People Media Telecom Archives About Us
Advertising Subscribe Reuse & Permissions
The Hill Times Parliament Now The Lobby Monitor HTCareers Classifieds

TAGGED AS YAHOO INC.

Verizon Media to be sold to Apollo Funds

Media | 05/03/2021 3:12 pm EDT

Investment management firm Apollo Global Management Inc. has entered into an agreement to acquire Verizon Media for $5 billion.  Under the terms of the agreement announced Monday, Verizon Communications Inc. will receive $4.25 billion in cash, preferred interests of $750 million and retain a 10 per cent stake in Verizon Media. Current CEO Guru Gowrappan will continue to lead Verizon Media, which will be known as Yahoo, the company said in a release.  “The past two quarters of double-digit growth have demonstrated our ability to transform our media ecosystem. With Apollo’s sector...

Patent infringement claim made against Shaw’s BlueSky TV

Media | 02/28/2017 5:27 pm EST

A Swiss corporation and two of its subsidiaries are alleging that Shaw Communications Inc.’s new IPTV service is infringing on a handful of its patents, according to a statement of claim filed in federal court Friday. Shaw launched BlueSky in January, touting it as having “more product and feature benefits than any other television service available in Canada,” including voice control. The service first rolled out in Calgary and is currently available in about 30 communities surrounding Calgary and Vancouver. Kudelski S.A. and its group of companies,...

Class-action suit filed after Yahoo hacks

telecom | 12/19/2016 7:36 pm EST

Yahoo Inc. is facing a potential class-action lawsuit in Canada following security breaches, the most-recent of which was revealed last week, involving more than one billion user accounts. A notice of claim filed Dec....

Another Yahoo breach involved 1 billion accounts: reports

Media | 12/15/2016 4:52 pm EST

Yahoo Inc. has found a new security breach that has compromised more than one billion user accounts, a figure that is double the breach it discovered only a couple of months ago, according to...

Yahoo breach could jeopardize sale, Verizon says

Media | 10/14/2016 7:12 pm EDT

The breach of millions of Yahoo Inc. email accounts revealed in late September could affect the acquisition of the company by Verizon Communications Inc., Reuters reported. The news service quoted Verizon...

Privacy commish in contact with Rogers, Yahoo about breach

telecom | 10/06/2016 6:43 pm EDT

The federal privacy commissioner’s office said it has been in touch with Rogers Communications Inc. and Yahoo Inc. regarding the breach of millions of Yahoo email accounts...

69% of anglophones use social networks: MTM

Media | 09/28/2016 8:43 pm EDT

Facebook Inc.’s platform is by far the dominant social network among Canadian anglophones, with almost all — 92 per cent — of social networkers using the site, according to a new report from CBC/Radio-Canada research project Media Technology Monitor (MTM). In comparison, 33 per cent of respondents said they use services from LinkedIn Corp., 26 per cent are on Twitter Inc.’s platform, 27 per cent are on Pinterest Inc.’s website and 26 per cent use Facebook’s Instagram, the report, released Wednesday, said. It added that...

Yahoo sells to Verizon

telecom | 07/25/2016 6:25 pm EDT

Verizon Communications Inc. will acquire Yahoo Inc.’s core Internet business, roughly seven months after initial reports hinted at Verizon’s interest in the company. It’s a cash deal worth approximately $4.83 billion US that will see the California-based...

Apple gathers support in FBI dispute

telecom | 03/04/2016 9:14 pm EST

Major tech companies have filed documents with the U.S. courts in support of Apple Inc.'s position against creating a workaround for investigators to access encrypted information on an iPhone connected with the Dec. 2 attack...

Verizon would consider buying core Yahoo business: report

Media | 12/08/2015 2:48 pm EST

Verizon Communications Inc. would consider buying Yahoo Inc.'s core Internet business, which includes its email, news and sports sites, as well as its advertising technology, according to a report...

Yahoo loses $42M US on original TV content

Media | 10/26/2015 7:03 pm EDT

Yahoo Inc. said in its third quarter financial results that it incurred a $42 million US loss on its original TV video content. Ken Goldman, chief financial officer for Yahoo, said during an earnings conference call with analysts...

CBC sued for using U.S. YouTube video of storm: report

Media | 08/18/2015 7:37 pm EDT

CBC/Radio-Canada is being sued by a resident of Buffalo, N.Y., for allegedly using a video he posted on YouTube without his permission, according to a report from the Canadian Press. An article...

Yahoo becomes default search engine for Firefox

Media | 11/20/2014 7:30 pm EST

Yahoo Inc. and Mozilla Corp. announced Wednesday they have reached an agreement that makes Yahoo the default browser on Mozilla's Firefox Internet browser in the United States for desktops and mobile devices. The agreement...

Yahoo buys Snapchat rival Blink

Media | 05/14/2014 7:11 pm EDT

Yahoo Inc. has acquired mobile-messaging application company Blink, according to a blog post on the latter’s website. “We’re excited to announce that as of May 13, 2014 Blink is joining Yahoo!” Blink said. Blink's application lets users send self-destructing text messages, audio, sketches, video and photos, its website...

Telecoms don’t give out customer info ‘willy-nilly’: Bell ombudsman

telecom | 05/02/2014 8:50 pm EDT

OTTAWA — Telecommunications companies don’t voluntarily give out confidential customer information to the government, said William Abbott, senior counsel and privacy ombudsman at BCE Inc....