They still exist?
There are likely to be more job cuts at Yahoo! - the first since Carol Bartz took over the CEO's job in January. Official confirmation is unlikely ahead of the company's first quarter results on 21 April. A spokesman for the company refused to comment to The Register. Yahoo! cut 1,500 positions in December last year while …
Lets remember what a anonymous coward on elReg once pointed out:
$8 a share for you, $27.6 a share for Icahn
By Anonymous Coward Posted Monday 14th July 2008 18:00 GMT
1. Well firstly it's not a guarantee, since Icahn has no authority to speak for Microsoft, he can't control what offer they make him once he's burned the company.
2. The guarantee requires that Yahoo delivery the hits and page views to Microsoft search. But people don't use Microsoft search so this is worthless, if Microsoft fail to get the users, then they get let out of the 'guarantee'.
3. $2.3 revenue for 5 years is $8.33 a share (assuming they mean 2.3 a year for 5 years and not 480 million *5).
4. $1 billion for Yahoo's cherry, it's search, that's $0.72 a share.
5. $2.8 billion loan, presumably with interest, so a payment from Yahoo to Microsoft of about $1 a share in interest back to Microsoft.
6. " Under the deal, according to Icahn, Yahoo shareholders would receive $16.25 per share in distributions.", I don't see where he gets that from I make it about $8 a share. $8.33 + 0.72 - 1
7. "Microsoft would also be making a substantial equity investment in the remaining company at $19.50 per share, he stated." Presumably they promised to buy Icahn share's back at $19.5.
Yes? So he gets his out at about $27.6 or more and they get a worthless company and $8 a share or more. Microsoft gets their search, at no risk, if they fail to perform their guarantee is nullified. And if Yahoo shareholders voted for this, Microsoft could make an offer far below this.
So it's worth remembering how we got into a situation where Yahoo has Icahns boys on it's board and a damaged company, while Google continues to ride out the bad economy.
Even so, YHOO are still $14 a share, well above $8 a share.
Yahoo Japan has revealed that it plans to go passwordless, and that 30 million of its 50 million monthly active users have already stopped using passwords in favor of a combination of FIDO and TXT messages.
A case study penned by staff from Yahoo Japan and Google's developer team, explains that the company started work on passwordless initiatives in 2015 but now plans to go all-in because half of its users employ the same password on six or more sites.
The web giant also sees phishing as a significant threat, and has found that a third of customer inquiries relate to lost credentials.
The US Ninth Circuit Court of Appeals on Wednesday affirmed the 2019 conviction and sentencing of Carsten Igor Rosenow for sexually exploiting children in the Philippines – and, in the process, the court may have blown a huge hole in internet privacy law.
The court appears to have given US government agents its blessing to copy anyone's internet account data without reasonable suspicion of wrongdoing – despite the Fourth Amendment's protection against unreasonable searches and seizures. UC Berkeley School of Law professor Orin Kerr noted the decision with dismay.
"Holy crap: Although it was barely mentioned in the briefing, the CA9 just held in a single sentence, in a precedential opinion, that internet content preservation isn't a seizure," he wrote in a Twitter post. "And TOS [Terms of Service] eliminate all internet privacy."
Yahoo has stopped providing email services in China – a decision that means the venerable web company has ceased operations behind the Great Firewall.
In an email dated February 26, the company advised users to shift to alternative email providers as soon as possible, and to download contacts, schedules and other important content. The email also advised the service would close on February 28 and, true to its word, Yahoo has pulled the plug.
A Yahoo Mail FAQ explains its reasons for bailing, as follows:
Yahoo! has confirmed it is quitting China due to the "increasingly challenging" business and legal environment just as the country's new Personal Information Protection Law (PIPL) comes into effect.
Starting November 1, 2021, global companies doing business in the country must comply with PIPL, which regulates the storage of data and sets a stringent framework for user "privacy" within China.
As we've reported previously, the new law encourages netizens to point out perceived "uncivilized" cyber activity through improved reporting tools to alert the Chinese authorities, and – among other fresh legislation including proposed rules on cross-border data transfer – it adds a regulatory and compliance risk that companies have little appetite for.
Yahoo!'s Indian outpost has stopped publishing news – even news about cricket.
"We did not come to this decision lightly," states an FAQ about the shut-down, adding "However, Yahoo! India has been impacted by changes to regulatory laws in India that now limit the foreign ownership of media companies that operate and publish digital content in India."
The FAQ says India's laws impact even Yahoo Cricket, because that includes news content, while the site's entertainment news and MAKERS India – a site dedicated to "Women who make India" has also gone. Yahoo! Finance and Yahoo! News have also gone dark.
Verizon has sold its media division, including the early internet portals Yahoo! and AOL, to Apollo Global Management, a private equity fund, for $5bn, it announced on Monday.
The US telco giant will pocket $4.25bn in cash with preferred interests of $750m, and keep a 10 per cent stake in Verizon Media in a deal that is expected to close later this year.
Apollo Global Management will take over all of the publishing brands and advertising services managed by Verizon Media. Not only will the firm get a slice of internet history with Yahoo!, the most popular site on the internet over twenty years ago, and AOL, the ISP that spammed us all with sign-up CDs, it’ll oversee TechCrunch and Engadget, too.
Yahoo! Answers is shutting down in a month's time after nearly sixteen years online.
Users have until April 20 to pose new questions and provide answers for queries. From May 4, Yahoo! Answers will officially disappear from the internet, though we wouldn't be surprised if someone tries to make an unofficial mirror of it all.
Yahoo! Japan has flicked the switch on an AI-driven comment-moderation-as-a-service API.
The independently owned outpost of the famed web portal has used a homegrown natural language processing model to keep the comments section of its own News service clean since 2007, and claims the AI deletes 20,000 posts per day.
The tech, styled as a "constructive comment ranking model", prioritises posts that provoke positive discussions, especially when they suggest new ideas or are insightful. Comments that mention experiences related to articles also do well.
Less than a year after selecting the messaging app LINE as its preferred app COVID-era telemedicine, Japan has decided the app is too risky for government use over fears it leaks data.
The nation's government last week announced it would investigate reports of compromised data. A few days later, Japan’s Internal Affairs and Communications Minister Ryota Takeda ordered local administrations to stop using the app.
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