Latest Headlines

Latest Headlines

With Yahoo acquisition, Verizon faces huge challenges in putting the pieces together

Verizon bagged its latest digital media trophy this week, agreeing to pay $4.83 billion to add Yahoo's core online business to its growing digital media empire. The biggest mobile operator in the U.S. will integrate Yahoo with the AOL business it acquired last for $4.4 billion, and the unit will be led by Marni Walden, Verizon's EVP and president of the Product Innovation and New Businesses organization. But there's little evidence Verizon will be able to put all its media and advertising pieces together effectively.

Verizon posts 86K net postpaid phone adds, slows prepaid losses

Verizon's second quarter earnings report helps to explain why the carrier is so eager to expand into digital media.

Verizon loses 41K FiOS pay-TV subs in Q2 as strike takes toll

Fresh off its $4.83 billion takeover of Yahoo, Verizon said it lost 41,000 FiOS video subscribers in the second quarter, as a seven-week CWA and IBEW worker strike impacted Verizon's ability to perform new installations and hurt its wireline business overall.

Lowenstein's View: Verizon-Yahoo Deal: Now What?

Verizon has been under significant pressure to make some moves to deliver new sources of differentiation and revenue growth. The core wireless business, while it gives off significant cash, is maturing. Over the past eighteen months, the company has acquired Intel's OnCue platform, AOL, Millennial Media, and, now, Yahoo. Just what does Verizon get with Yahoo?

Verizon to buy Yahoo for $4.83B, doubling down on digital media and advertising

Verizon is doubling down on its bet in digital media, announcing this morning that it will spend $4.83 billion to acquire Yahoo's core online business.

Report: Verizon positioned to pocket Yahoo for $5B

Verizon is in the final stages of a $5 billion deal to walk away with Yahoo's core internet business, according to Bloomberg. The carrier is positioned to beat out AT&T and other rivals in the final round of bidding for the beleaguered company. The offer doesn't include Yahoo's patents – not as it stands, at least – and it's unclear whether other assets might be included.

Oppenheimer downgrades Verizon over Yahoo pursuit, other concerns

Oppenheimer & Co. reportedly downgraded shares of Verizon over uncertainty about a possible acquisition of Yahoo, among other factors.

Verizon, AT&T among finalists as Yahoo bidding comes down to the wire

Final bids for Yahoo's core internet business are due Monday, according to  The New York Times, and the board plans to make a decision on the fate of the assets "soon afterward." Verizon and AT&T are among the final bidders as well as several private equity firms and a consortium led by the founder of Quicken Loans who's backed by Warren Buffett's Berkshire Hathaway.

MoffettNathanson: Net neutrality ruling could temper the pursuit of Yahoo by Verizon, AT&T

The FCC's net neutrality win in a Washington, D.C., federal appeals court could dampen the enthusiasm of Verizon and AT&T in their pursuit of Yahoo, according to MoffettNathanson.

Report: Verizon, AT&T preparing for final round of bidding for Yahoo

Verizon and AT&T are preparing for a third round of bidding for Yahoo's online assets,  Reuters  reported.