Close
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Logo
  • Latest News
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Home Latest News
    • Mobile

    IT Insiders Optimistic About Verizon-Yahoo’s Future

    By
    eWEEK Staff
    -
    July 26, 2016
    Share
    Facebook
    Twitter
    Linkedin

      Today’s topics include Verizon’s $4.83 billion acquisition of Yahoo’s internet businesses, the Federal Communication Commission chairman’s appeal for efforts to stop robocallers, the resignation of Ericsson CEO Hans Vestberg following another poor earnings report, and the newly created company that will market a hyperconverged cloud infrastructure-as-a-service platform.

      Microsoft tried seriously to buy Yahoo in its entirety eight-and-a-half years ago for $47 billion. How history would have been changed had Yahoo co-founder and CEO Jerry Yang and his board had listened to Carl Icahn, Eric Jackson, Daniel Loeb and other activist investors and consummated that deal.

      Now Yahoo’s core businesses are worth a mere 10.3 percent of that $47 billion at $4.83 billion, the amount that Verizon has agreed to pay for the once high-flying internet company.

      Under the deal Verizon will acquire all of Yahoo’s internet businesses, including the home page that served as the web home page for multiple millions of users for more than two decades; its highly respected financial, sports and home goods-related pages; Yahoo email and more.

      Robocalls—those annoying, unsolicited recorded messages that now even pretend to be delivered from your area code—are the No. 1 source of consumer complaints to the Federal Communications Commission, its chairman, Tom Wheeler, said in a July 22 blog post announcing he’d taken new steps to stop them.

      “I have sent letters to the CEOs of major wireless and wireline phone companies calling on them to offer call-blocking services to their customers now—at no cost to you,” Wheeler wrote in the post.

      Wheeler also said he has called on standards groups, in addition to the carriers, to accelerate the “development and deployment of technical standards that would prevent spoofing of caller ID and thus make blocking technologies more effective.”

      Ericsson fired CEO Hans Vestberg July 25 after the latest quarterly financial numbers showed the Swedish telecommunications equipment provider was continuing to struggle in a rapidly changing market that includes rising competitors such as Huawei Technologies and Nokia.

      Vestberg ouster came a week after Ericsson announced that revenue in the second quarter fell another 11 percent over the same period in 2015 along with lower gross margins and operating margins. Company officials at the time said they were initiating another round of cost-cutting measures in hopes of doubling savings in its operations by 2017. Those measures include cutting jobs and reducing investments in R&D and other areas.

      Jan Frykhammar, the company’s executive vice president and CFO, will be the interim CEO until a successor to Vestberg is found.

      The booming hyperconverged infrastructure space has a new company in the mix now that startups Gridstore and DCHQ have merged to create HyperGrid, which company officials say is offering a hyperconverged infrastructure-as-a-service. HyperGrid officials announced the Gridstore-DCHQ deal July 25, although they didn’t publicly disclose financial details.

      The company is looking to combine Gridstore’s hyperconverged all-flash infrastructure with DCHQ’s software platform, which automatically moves and manages applications across cloud and container environments. The result is an offering that provides a hyperconverged infrastructure that comes with a pay-as-you-consume pricing model.

      MOST POPULAR ARTICLES

      Cybersecurity

      Visa’s Michael Jabbara on Cybersecurity and Digital...

      James Maguire - May 17, 2022 0
      I spoke with Michael Jabbara, VP and Global Head of Fraud Services at Visa, about the cybersecurity technology used to ensure the safe transfer...
      Read more
      Big Data and Analytics

      Alteryx’s Suresh Vittal on the Democratization of...

      James Maguire - May 31, 2022 0
      I spoke with Suresh Vittal, Chief Product Officer at Alteryx, about the industry mega-shift toward making data analytics tools accessible to a company’s complete...
      Read more
      Big Data and Analytics

      GoodData CEO Roman Stanek on Business Intelligence...

      James Maguire - May 4, 2022 0
      I spoke with Roman Stanek, CEO of GoodData, about business intelligence, data as a service, and the frustration that many executives have with data...
      Read more
      Applications

      Cisco’s Thimaya Subaiya on Customer Experience in...

      James Maguire - May 10, 2022 0
      I spoke with Thimaya Subaiya, SVP and GM of Global Customer Experience at Cisco, about the factors that create good customer experience – and...
      Read more
      Cloud

      Yotascale CEO Asim Razzaq on Controlling Multicloud...

      James Maguire - May 5, 2022 0
      Asim Razzaq, CEO of Yotascale, provides guidance on understanding—and containing—the complex cost structure of multicloud computing. Among the topics we covered:  As you survey the...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2021 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

      ×