Altaba

Yahoo spin-out Altaba is selling its entire Alibaba stake and closing down

Bye-bye, Altaba. The Yahoo spin-out created to house Yahoo’s lucrative stake in Alibaba and Yahoo Japan announced today that it will sell its lucrative stake in Alibaba and shut up shop. The ent

Yahoo agrees to $50M settlement package for users hit by massive security breach

One of the largest consumer internet hacks has bred one of the largest class action settlements after Yahoo agreed to pay $50 million to victims of a security breach that’s said to have affecte

Altaba to settle lawsuits relating to Yahoo data breach for $47 million

Altaba, the holding company of what Verizon left behind after its acquisition of Yahoo, said it has settled three ongoing legal cases relating to Yahoo’s previously disclosed data breaches. In a

Yahoo shareholders approve sale to Verizon

Yahoo's shareholders have approved the sale of Yahoo's operating business to Verizon in a vote held today and confirmed in a press release sent out following the meeting.