Verizon

  • Marissa Mayer resigning from Yahoo board as remaining company renames itself Altaba

    Marissa Mayer resigning from Yahoo board as remaining company renames itself Altaba

    Despite hiccups, Yahoo’s planned sale to Verizon appears to be moving forward — but some portions of the company will be left behind and renamed Altaba Inc. Yahoo is hanging on to its 15 percent stake in Alibaba and its 35.5 percent stake in Yahoo Japan, and those assets will survive as an investment company under the new name Altaba Inc., as the rest of Yahoo integrates with Verizon. Read More

  • Yahoo shares tumble as investors fear Verizon acquisition trouble

    Yahoo shares tumble as investors fear Verizon acquisition trouble

    Yahoo shares tumbled 6% on Thursday as investors feared that the latest Yahoo hack could spell bad news for its sale to Verizon. This is the second major hack revelation in recent months and there’s speculation that Verizon could be spooked. Some are wondering if Verizon will ask for a discount on the $4.8 billion deal or scrap it altogether. TechCrunch is owned by Verizon, but we do… Read More

  • Verizon is letting Samsung brick the Note 7 after all, but waiting until after the holidays

    Verizon is letting Samsung brick the Note 7 after all, but waiting until after the holidays

    About a week ago, Samsung announced that it was finally ready to be done with this whole Note 7 situation, once and for all. The company issued a release stating that it would issue a software update here in the States that would effectively brick the troubled handset, rendering it inoperable when not plugged directly into a power source. Verizon (our parent company) quickly issued its own… Read More

  • Verizon won’t push Samsung’s Note 7 bricking update, but the other carriers will

    Verizon won’t push Samsung’s Note 7 bricking update, but the other carriers will

    Early this morning Samsung announced plans to finally extinguish the on-going fire that is the Note 7 once and for all here in the States by way of a software update that won’t allow the troubled phone to charge at all. Apparently not everyone involved is onboard with the move. Verizon (the parent company to TechCrunch’s parent company) quickly issued a follow up statement, citing… Read More

  • AOL lays off 500 employees after adding 1,500 employees over the last 12 months

    AOL lays off 500 employees after adding 1,500 employees over the last 12 months

    AOL CEO Tim Armstrong just announced internally that there will be layoffs across AOL’s global workforce (AOL is TechCrunch’s parent company). The company will focus on mobile, video and data across two business units — media and platforms. While the company doesn’t say exactly how many people will be affected by these layoffs, it is going to impact different teams… Read More

  • Verizon acquires SocialRadar to buff up MapQuest’s location data

    Verizon acquires SocialRadar to buff up MapQuest’s location data

    We got word earlier today that Verizon had acquired SocialRadar, a mapping startup founded by Blackboard co-founder Michael Chasen that promises to provide its users with far more accurate location data for businesses — down to where exactly a door is. Reached by phone, Chasen confirmed the acquisition. Verizon, the corporate parent of TechCrunch and AOL, will use SocialRadar’s… Read More

  • Verizon buys LQD WiFi to expand its IoT strategy into “smart cities”

    Verizon buys LQD WiFi to expand its IoT strategy into “smart cities”

    Verizon today has made another acquisition to build out its IoT business: the carrier has purchased LQD WiFi, a developer of outdoor interactive displays that provide WiFi connectivity along with news, emergency alerts and community information. They also act as sensors collecting crowd, weather and other data. The financial terms of the deal are not being disclosed. LQD WiFi, based out of… Read More

  • Is Netflix Disney’s next big buy and is Reed Hastings its next CEO? Crunch Network

    Is Netflix Disney’s next big buy and is Reed Hastings its next CEO?

    Disney and Netflix are logical dance partners. And, just as we saw with the 50/50 cash and stock financial engineering that enabled AT&T to buy Time Warner, ever-creative Disney undoubtedly has the talent to pull it off. Read More

  • Convergence crosses the pond Crunch Network

    Convergence crosses the pond

    Imagine a world where you buy mobile phone, data, voice and television services from a single provider. A world where you don’t worry about running out of wireless minutes, exceeding text message limits or running up roaming charges. A world where you talk, text and stream video on an iPad, TV, laptop or mobile phone, seamlessly using the same user interface and applications across… Read More

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