Verizon’s announced that it’s renaming the combined Yahoo and AOL as “Oath,” once its deal to acquire Yahoo is finalized.
Yet another security breach has happened, and this time, the victim’s Yahoo. Yahoo’s reported that a security breach has led to a whopping 500 million users’ information stolen. Once again, it’s time to change passwords.
For a long time, Yahoo’s fortunes have dwindled, with lots of wondering what will become of the 90s Internet giant. Now, it’s official: the company is being sold to Verizon for $4.8 billion. Yahoo plans to sell Verizon most of its famous assets, such as its web services (finances, a web portal, etc.), Flickr, Tumblr, and even the company’s name/logo.