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Tag: Yahoo

Brian Acton to leave WhatsApp

September 13, 2017
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Brian Acton, co-founder of WhatsApp, now owned by Facebook Inc (FB.O), will leave the messaging service company to start a new foundation, he said in a Facebook post, Media reports on Wednesday. Acton spent eight years with WhatsApp, which Facebook bought in 2014 for $19 billion in cash and stock. A Stanford alumnus, Acton co-founded…

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Verizon to acquire Yahoo in $4.8 billion deal

July 27, 2016
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| Categories: Blog Post

Verizon has agreed to acquire Yahoo for $4.83 billion in an all-cash deal, which will be completed early next year. The telecom giant, which also owns AOL, will bring under its wing all of Yahoo’s search, communications and digital content products, as well as its ad services, which cumulatively reach a global audience of over…

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