Yahoo!

Marissa Mayer Will Make $186 Million on Yahoo's Sale To Verizon (cnbc.com) 157

Vindu Goel, reporting for the NYTimes: Yahoo shareholders will vote June 8 on whether to sell the company's internet businesses to Verizon Communications for $4.48 billion. A yes vote, which is widely expected, would end Marissa Mayer's largely unsuccessful five-year effort to restore the internet pioneer to greatness. But Ms. Mayer, the company's chief executive, will be well compensated for her failure. Her Yahoo stock, stock options and restricted stock units are worth a total of $186 million, based on Monday's stock price of $48.15, according to data filed on Monday in the documents sent to shareholders about the Verizon deal. That compensation, which will be fully vested at the time of the shareholder vote, does not include her salary and bonuses over the past five years, or the value of other stock that Ms. Mayer has already sold. All told, her time at Yahoo will have netted her well over $200 million, according to calculations based on company filings.
Network

Slashdot Asks: Which Wireless Carrier Do You Prefer? 208

Earlier this year, telecommunications giants like T-Mobile, AT&T, Verizon and Sprint were battling to see who could release the best unlimited data plan(s). T-Mobile started the domino chain reaction with the launch of its "One" unlimited plan in August. But the competition became especially fierce in February when Verizon introduced unlimited data plans of their own, causing Sprint and AT&T to unveil new unlimited data plans that same week, both of which have their own restrictions and pricing. Each of the four major carriers have since continued to tweak their plans to ultimately undercut their competitors and retain as many customers are possible.

Given how almost everyone has a smartphone these days and the thirst for data has never been higher, we'd like to ask you about your current wireless carrier and plan. Which wireless carrier and plan do you have any why? Is there any one carrier or unlimited data plan that stands out from the others? T-Mobile, for example, recently announced that it added 1.1 million customers in Q1 2017, which means that it has added more than 1 million customers every quarter for the past four years. Have they managed to earn your business? MyRatePlan has a good breakdown of the current unlimited data plans on the market today.
The Internet

Verizon's $70 Gigabit Internet Is Half the Price of Older 750Mbps Tier (arstechnica.com) 67

An anonymous reader quotes a report from Ars Technica: Verizon is now selling what it calls "FiOS Gigabit Connection" for $69.99 a month in a change that boosts top broadband speeds and makes lower prices available to many Internet subscribers. Actual bandwidth will be a bit lower than a gigabit per second, with "downloads as fast as 940Mbps and uploads as fast as 880Mbps," Verizon's announcement today said. The gigabit service is available in most of Verizon's FiOS territory, specifically to "over 8 million homes in parts of the New York, New Jersey, Philadelphia, Richmond, Va., Hampton Roads, Va., Boston, Providence and Washington, D.C. areas," Verizon said. Just three months ago, Verizon boosted its top speeds from 500Mbps to 750Mbps. The standalone 750Mbps Internet service cost $150 a month, more than twice the price of the new gigabit tier. Existing customers who bought that 750Mbps plan "will automatically receive FiOS Gigabit Connection and will see their bills lowered," Verizon said. It's not clear whether they will get their price lowered all the way to $70. It's important to note that the $70 price is only available to new customers, and it's a promotional rate that will "increase after promo period." Additionally, Verizon will charge you a $10 per month router charge unless you pay $150 for the Verizon router, plus other taxes and fees.
America Online

Verizon.net 'Gets Out Of The Email Business' (networkworld.com) 73

"We have decided to close down our email business," Verizon has announced -- in a move which affects 4.5 million accounts. Slashdot reader tomservo84 writes: Strangely enough, I didn't find out about this from Verizon, itself, but SiriusXM, who sent me an email saying that since I have a Verizon.net email address on file, I'd have to update it because they were getting rid of their email service. I thought it was a bad phishing attempt at first...
Network World reports that customers are being notified "on a rolling basis... Once customers are notified, they are presented with a personal take-action date that is 30 days from the original notification." But even after that date, verizon.net email addresses can be revived using AOL Mail. "Over the years we've realized that there are more capable email platforms out there," Verizon concedes.

"Migration is going well," a Verizon spokesperson told Network World. "I don't have any stats to share, but customers seem to appreciate that they have several choices, including an option that keeps their Verizon.net email address intact."
Communications

T-Mobile Spends $8 Billion as Big Winner of FCC Auction (cnet.com) 48

T-Mobile, Dish Network and cable giant Comcast emerged as the big winners in the government's wireless spectrum auction. From a report: The Federal Communications Commission announced the winners of its $19.8 billion spectrum auction Thursday. T-Mobile spent $8 billion in the auction and won the biggest number of licenses, according to the FCC. Dish Network was in second, committing $6.2 billion, and Comcast spent a total of $1.7 billion. Verizon, which had committed ahead of time to participating in the auction, did not bid, the FCC said. The broadcast incentive spectrum auction has been one of the agency's most complex and ambitious auctions to date. The auction, which began last year, was conducted over two major stages. A so-called backwards auction took place last year in which TV broadcasters agreed to give up wireless spectrum that the government later sold in a so-called forward auction to wireless providers.
Businesses

Roku Has Hired a Team of Lobbyists As it Gears Up For a Net Neutrality Fight (recode.net) 85

Roku appears to be arming itself for the coming net neutrality war. From a report on Recode: The web video streaming and hardware company has plenty at stake as the Federal Communications Commission prepares to pull back rules that require internet providers to treat all web traffic equally. For Roku and others in the business, an end to the Obama-era protections could make it harder -- or, in some cases, more expensive -- to offer content or services to customers at top download speeds. That's why Roku has hired a pair of Republican lobbyists through an outside government-affairs firm, according to a federal ethics reports filed this week, specifically to focus on net neutrality. It's the first time the company has ever retained lobbyists in Washington, D.C. Many in the tech industry support the Obama-era FCC's net neutrality rules, which currently subject telecom companies to utility-style regulation. To Democrats, it's the only way to stop the likes of AT&T, Comcast, Charter or Verizon from blocking competing services or charging media companies for faster delivery of their content.
Communications

Comcast Launches New Wireless Service, Xfinity Mobile (cnbc.com) 46

Comcast announced Xfinity Mobile on Thursday, a new wireless service that will be available for its nearly 25 million broadband customers. From a report on CNBC: The company is hoping the new service will lock in existing customers as well as attract new ones, going after the 130 million mobile phone lines in places where Comcast offers services. The company says the service is "designed for the way people use their phones today, with Internet and data at the center of the experience." Comcast is not taking a Wi-Fi-first approach, but is pairing 4G LTE via Verizon's network along with Comcast's 16 million Wi-Fi hotspots, to which the service will automatically connect.
Communications

FCC's Ajit Pai Says Broadband Market Too Competitive For Strict Privacy Rules (arstechnica.com) 154

In an op-ed published on the Washington Post, FCC Chairman Ajit Pai and his counterpart at the FTC have argued that strict privacy rules for ISPs aren't necessary in part because the broadband market is more competitive than the search engine market. From a report on ArsTechnica: Internet users who have only one choice of high-speed home broadband providers would probably scoff at this claim. But an op-ed written by Pai and Acting FTC Chair Maureen Ohlhausen ignored the lack of competition in home Internet service, focusing only on the competitive wireless broadband market. Because of this competition, it isn't fair to impose different rules on ISPs than on websites, they wrote. "Others argue that ISPs should be treated differently because consumers face a unique lack of choice and competition in the broadband marketplace," Pai and Ohlhausen wrote in their op-ed. "But that claim doesn't hold up to scrutiny either. For example, according to one industry analysis, Google dominates desktop search with an estimated 81 percent market share (and 96 percent of the mobile search market), whereas Verizon, the largest mobile broadband provider, holds only an estimated 35 percent of its market." [...] Instead of addressing the lack of competition in home Internet service, Pai and Ohlhausen simply didn't mention it in their op-ed. But they argued that ISPs shouldn't face stricter privacy rules than search engines and other websites because of the level of competition in broadband and the amount of data companies like Google collect about Internet users. "As a result, it shouldn't come as a surprise that Congress decided to disapprove the FCC's unbalanced rules," they wrote. "Indeed, the FTC's criticism of the FCC's rules last year noted specifically that they 'would not generally apply to other services that collect and use significant amounts of consumer data.'"
Verizon

Verizon Is Rebranding Yahoo, AOL As 'Oath' (engadget.com) 106

Nathan Ingraham reports via Engadget: Somewhere along the way, Verizon's planned purchase of Yahoo got real complicated. Thanks to security breaches of gargantuan proportions, Yahoo has lost a ton of value -- and the company was struggling even when Verizon announced its intentions to buy the former internet juggernaut. Part of the value lost is in the Yahoo brand, which Verizon apparently considers toxic at this point. To that end, Verizon is changing the name of the combined Yahoo and AOL company. Business Insider first reported that "Oath" will be the new name of the company (which would be the parent company of Engadget). Minutes after we published this story, AOL CEO Tim Armstrong confirmed the change in a tweet. Engadget also makes note of a Recode report, which indicates that current Yahoo CEO Marissa Mayer will not continue with the new company.
Communications

Verizon, AT&T, Comcast Say They Will Not Sell Customer Browsing Histories (reuters.com) 125

Comcast, Verizon, AT&T Inc said Friday they would not sell customers' individual internet browsing information, days after the U.S. Congress approved legislation reversing Obama administration era internet privacy rules. From a report on Reuters: The bill would repeal regulations adopted in October by the Federal Communications Commission under former President Barack Obama requiring internet service providers to do more to protect customers' privacy than websites like Alphabet's Google or Facebook. The easing of restrictions has sparked growing anger on social media sites. "We do not sell our broadband customers' individual web browsing history. We did not do it before the FCC's rules were adopted, and we have no plans to do so," said Gerard Lewis, Comcast's chief privacy officer. He added Comcast is revising its privacy policy to make more clear that "we do not sell our customers' individual web browsing information to third parties." Verizon does not sell personal web browsing histories and has no plans to do so in the future, said spokesman Richard Young.
Privacy

Minnesota Senate Votes To Bar Selling ISP Data (twincities.com) 112

Kagato quotes a report from St. Paul Pioneer Press: In a surprise move, the Minnesota Senate on Wednesday voted to bar internet service providers from selling their users' personal data without express written consent. The move was a reaction to a Tuesday vote in Congress to lift a ban on that practice imposed in 2016 by the Federal Communication Commission. Sen. Ron Latz, DFL-St. Louis Park, offered the amendment onto the Senate's economic development budget bill, saying it was urgently needed to protect Minnesotans' privacy after the congressional vote. Latz's amendment was challenged under Senate rules on the grounds that it would impose a cost on a state agency and thus needed to go through committee rather than be added on the floor. Republican Sen. Warren Limmer, of Maple Grove, broke with his party to overturn the Senate president's ruling and allow the internet privacy amendment to continue by a single vote. Once the amendment cleared this procedural hurdle, it was overwhelmingly added to the bill on a 66-1 vote. The lone critic, Sen. David Osmek, R-Mound, said Latz's amendment needed more study and review before being adopted. The Register reports that Illinois has also fought back against Tuesday's vote by approving two new privacy measures. "On Thursday, the state's Cybersecurity, Data Analytics and IT Committee approved two new privacy measures," reports The Register. "One would allow state residents to demand what data companies such as Comcast, Verizon, Google and Facebook is sharing about them. The other would require consent before an app can track users' locations."
Android

Verizon To Force 'AppFlash' Spyware On Android Phones 120

saccade.com writes: Verizon is joining with the creators of a tool called "Evie Launcher" to make a new app search/launcher tool called AppFlash, which will be installed on all Verizon phones running Android. The app provides no functionality to users beyond what Google Search does. It does, however, give Verizon a steady stream of metrics on your app usage and searches. A quick glance at the AppFlash privacy policy confirms this is the real purpose behind it: "We collect information about your device and your use of the AppFlash services. This information includes your mobile number, device identifiers, device type and operating system, and information about the AppFlash features and services you use and your interactions with them. We also access information about the list of apps you have on your device. [...] AppFlash information may be shared within the Verizon family of companies, including companies like AOL who may use it to help provide more relevant advertising within the AppFlash experiences and in other places, including non-Verizon sites, services and devices."
Privacy

Activist Starts a Campaign To Buy and Publish Browsing Histories of Politicians Who Passed Anti-Privacy Law (searchinternethistory.com) 325

On Tuesday, Congress sent proposed legislation to President Trump that wipes away landmark online privacy protections. In a party-line vote, House Republicans freed Internet service providers such as AT&T, Verizon, and Comcast of protections approved just last year that had sought to limit what companies could do with information such as customer browsing habits, app usage history, location data and Social Security numbers. Now call it a poetic justice, online privacy activist Adam McElhaney has launched an initiative called Search Internet History, with an objective of raising funds to buy browsing history of each politician and official who voted in favor of S.J.Res 34. On the site, he has also put up a poll asking people whose internet history they would like to see first.

Update: The campaign, which was seeking $10,000, has already raised over $55,000.
Communications

T-Mobile Kicks Off Industry Robocall War With Network-Level Blocking and ID Tools (venturebeat.com) 76

T-Mobile is among the first U.S. telecom companies to announce plans to thwart pesky robocallers. From a report on VentureBeat: The move represents part of an industry-wide Robocall Strike Force set up by the Federal Communications Commission (FCC) last year to combat the 2 billion-plus automated calls U.S. consumers deal with each month. Other key members of the group include Apple, Google, Microsoft, and Verizon. T-Mobile's announcement comes 24 hours after the FCC voted to approve a new rule that would allow telecom companies to block robocallers who use fake caller ID numbers to conceal their true location and identity. From a report on WashingtonPost: The Federal Communications Commission on Thursday proposed new rules (PDF) that would allow phone companies to target and block robo-calls coming from what appear to be illegitimate or unassigned phone numbers. The rules could help cut down on the roughly 2.4 billion automated calls that go out each month -- many of them fraudulent, according to FCC Chairman Ajit Pai. "Robo-calls are the No. 1 consumer complaint to the FCC from members of the American public," he said, vowing to halt people who, in some cases, pretend to be tax officials demanding payments from consumers, or, in other cases, ask leading questions that prompt consumers to give up personal information as part of an identity theft scam.
Advertising

YouTube Loses Major Advertisers Over Offensive Videos (rollingstone.com) 265

An anonymous reader quotes a report from Rolling Stone: Verizon, AT&T, Johnson & Johnson and other major companies have pulled advertisements from YouTube after learning they were paired with videos promoting extremism, terrorism and other offensive topics, The New York Times reports. Among the other companies involved are pharmaceutical giant GSK, HSBC, the Royal Bank of Scotland and L'Oreal, amounting to a potential loss of hundreds of millions of dollars to the Google-owned company. The boycott began last week after a Times of London investigation spurred many major European companies to pull their ads from YouTube. American companies swiftly followed, even after Google promised Tuesday to work harder to block ads on "hateful, offensive and derogatory" videos. Like AT&T, most companies are only pulling their ads from YouTube and will continue to place ads on Google's search platforms, which remain the biggest source of revenue for Google's parent company, Alphabet. Still, the tech giant offered up a slew of promises to assuage marketers and ensure them that they were fixing the problems on YouTube. Due to the massive number of videos on YouTube -- about 400 hours of video is posted each minute -- the site primarily uses an automated system to place ads. While there are some failsafes in place to keep advertisements from appearing alongside offensive content, Google's Chief Business Officer Philipp Schindler wrote in a blog post that the company would hire "significant numbers" of employees to review YouTube videos and mark them as inappropriate for ads. He also said Google's latest advancements in artificial intelligence and machine learning will help the company review and flag large swaths of videos.
The Courts

NYC Sues Verizon For Breaking Promise To Make FiOS Available To All Residents (washingtonpost.com) 73

New submitter erickessler writes: 1 million NYC homes can't get Verizon FiOS, so the city just sued Verizon. Verizon wants another four years to cover remaining 1 million households. Washington Post reports: "New York City has sued Verizon, saying the phone giant broke its 2008 promise (PDF) to make its Fios cable service available to all city residents. The city said in a lawsuit (PDF) Monday that Verizon missed a 2014 deadline to extend wire by every home or apartment building in the city -- in technical parlance, "passing" the home. The city also argues that Verizon hasn't installed service for thousands who requested it. Verizon disagrees with the city's definition of "passing" a home and says it has done its job. Spokesman Ray McConville said Monday that Verizon sees "passed" as meaning that it can reach every home, provided a landlord gives permission. Verizon wants to reach some buildings through other buildings. In a letter to the city Friday, Verizon says 2.2 million households have access to Fios, a phone, cable and high-speed internet network. Verizon said Monday that it is committed to expanding Fios availability to the city's remaining 1 million households."
Yahoo!

Yahoo's Marissa Mayer Could Get $23M Exit Payment, Ex-IAC Executive Will Become CEO (hollywoodreporter.com) 102

Yahoo has named a replacement for CEO Marissa Mayer once the merger with Verizon becomes official. The next leader of the Sunnyvale-based tech giant will be Thomas J. McInerney, a former chief financial officer of IAC. From a report: Yahoo said Monday that after it completes the sale of its core search business to Verizon and Marissa Mayer and co-founder David Filo step down as board members of Altaba (the new name for the remaining holdings), Mayer could get a $23 million "golden parachute" payment, and Thomas McInerney will run the remaining part of the business as CEO. Mayer's golden parachute, a large payment for top executives if they lose their position as a result of a deal, would include $19.97 million in equity and more than $3 million in cash, according to a regulatory filing. It would kick in if there is a change in control, as will be the case in the deal, and she is terminated "without cause" or "leaves for good reason" within a year.
Verizon

Verizon Wireless Wades Right Back Into the Net Neutrality Debate With Fios Deal (theverge.com) 37

An anonymous reader quotes a report from The Verge: Verizon is taking a page out of AT&T's book by zero rating its Fios cable TV service for all Verizon Wireless customers. That means that if you purchase your mobile data plan from Verizon Wireless and your cable TV plan from Fios, you can now use the Fios Mobile app to stream live channels and on-demand shows and not have it count against your monthly data cap. (It should be noted that Verizon Wireless and Fios are separate subsidiaries, but both are owned by Verizon Communications.) This builds on Verizon's previous decision to zero rate its Go90 mobile app for customers of its own wireless service, which net neutrality advocates see as prioritizing its own products to the detriment of those from competitors and upstarts. One notable exception here is for customers with unlimited mobile data plans. Streaming Fios Mobile content will in fact count toward the unlimited plans' 22GB a month cap, after which Verizon will cap speeds. This caveat is not made clear in Verizon's marketing language, and instead is found only in the App Store release notes.
Yahoo!

Marissa Mayer Is Giving Yahoo Employees Her Annual Bonus To Make Up For Massive Hacks (theverge.com) 108

Following two separate security breaches revealed last year that compromised the personal information of more than 1.5 billion users, Yahoo CEO Marissa Mayer announced today via her Tumblr page that she will be redistributing her annual bonus and equity stock grant to Yahoo employees. The Verge reports: Relevant to Mayer's admission here, an independent committee Yahoo brought on to investigate the hacks found the company to be at fault for not sufficiently responding to the security incidents. "While significant additional security measures were implemented in response to those incidents, it appears certain senior executives did not properly comprehend or investigate, and therefore failed to act sufficiently upon, the full extent of knowledge known internally by the company's information security team," reads the committee's findings, which are contained in Yahoo's 10-K report for 2016. As a result of the hacks, Yahoo's top lawyer, Ron Bell, has been fired, Recode reported today. Mayer has accumulated about $162 million during the five years she's spent as the company's CEO in both salary and stock awards, according to CNN. She's also due about $55 million in severance if she decides to leave the company following its acquisition by Verizon. So it's safe to say her bonus would involve a hefty amount of money now going to Yahoo employees who have weathered the storm throughout Mayer's tumultuous tenure.
Security

Yahoo Says Forged Cookie Attack Accessed About 32 Million Accounts (cnet.com) 30

It looks like Yahoo has yet to reach its lowest point. The company revealed today via a regulatory filing that about 32 million user accounts were accessed by hackers in the past two years using forged cookies that allowed them to log into their accounts without passwords. According to Yahoo, the attack is likely connected to the "same state-sponsored actor believed to be responsible for the 2014 [breach]," which resulted in the theft of user information from 500 million user accounts. CNET reports: "Based on the investigation, we believe an unauthorized third party accessed the company's proprietary code to learn how to forge certain cookies," Yahoo said in its annual filing to the Securities and Exchange Commission. The company went on to say that forged cookies have been invalidated to prevent further use on accounts. Yahoo revealed the attack in December but the news was largely overlooked because the company announced at the same time it had identified a separate security breach that took place in 2013 in which hackers stole information on 1 billion Yahoo accounts. Yahoo CEO Marissa Mayer also revealed today that she is giving yahoo employees her annual bonus to make up for the massive hacks.

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