Verizon Wireless has recently announced this week that it had managed to close its $4.48 billion buyout of Yahoo, amidst a lengthy and at times tricky negotiation phase replete with shareholder spats and breaches of security.
Yahoo may no longer be able to keep up with Google’s massive empire, but its Yahoo Answers actually remains one of the most visited Q&A websites in all of the world wide web, with more than 3.1 million monthly visitors in the United States alone.
Back in July earlier this year, we reported about Verizon Wireless’ plans to acquire Yahoo for $4.83 billion. In recent weeks however, Yahoo has hit some headlines that frankly does not do itself some favors. What we are referring to, of course, is the massive hack on Yahoo that could be considered the biggest one of its kind in history. The hack exposed the account details of at least 500 million customers.
It appears that Yahoo is attracting quite a veritable gang of potential bidders. According to a report by Bloomberg, Verizon Wireless is purportedly planning to make a bid to acquire Yahoo’s Web division. On top of all that, Alphabet, also known as the parent company of Google, might be making an offer as well.
Yahoo has officially done it -- announcing its Livetext messaging app to the world. Livetext is a brand messaging app that allows mobile users to chat with their friends via text conversations and videos, but without audio.
For a while now, there have been rumors that Yahoo was developing an overhauled version of its once popular messenger app. But recent events indicate that those rumors turn out to be true because the company debuted (and without much fanfare) the new and revamped edition of its Yahoo Messenger mobile app. Now taking the moniker Yahoo Livetext - Video Messenger, the new app has been released on the Hong Kong iTunes App Store.
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