Category archives: Verizon

Just last month, Verizon bought Yahoo for $4.8 billion, diving into digital media and advertising.

The career cell phone executive has been leading the company’s quest move beyond its telecom roots.

Yahoo is expected to hold at least one more round of bidding, and the offers could change by the final round, the paper reported.

A tentative deal between the company and leaders of striking unions includes 1,400 new jobs and pay raises topping 10 percent, the company and unions representing about 40,000 workers said on Monday.

Network technicians and customer service representatives in the company’s Fios Internet, telephone and television services units walked off the job on April 13 after contract talks hit an impasse.

Nearly 40,000 employees walked off the job Wednesday.

Verizon’s been interested in Yahoo since December.

Verizon’s been interested in Yahoo since December.

The company and the union are at an impasse with issues like healthcare, offshoring call center jobs, work rules and pensions.

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