Verizon dropped its initial valuation of the company by $350 million after Yahoo suffered massive data breaches. Mayer's golden parachute, worth about $30 million, includes a $3.02 million severance and $25,081 in benefits.
Yahoo shareholders voted Thursday to approve a revised agreement for Verizon to buy Yahoo's core Internet assets for $4.48 billion, according to preliminary results from a special shareholder meeting.
Marianne and the Movies: The flawless female superhero
The Wonder Woman star is an inimitable badass, and basically the ideal star to bring the feminist icon/superhero to life. I imagine Diana would like to see where Steve Trevor came from and learn more about his life in the service.
The transaction was "very much in jeopardy" primarily because of how long it took Yahoo's management to publicly reveal the hack they'd known about soon after it occurred, said Creative Strategies principal analyst Tim Bajarin.
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Apple Introduces 'Do Not Disturb While Driving' Feature for iOS 11
The division will also incorporate businesses Verizon added when it bought AOL, another faded internet pioneer, for $4.4 billion in 2015. They still go back.
Late a year ago, AOL announced 500 jobs cuts and said they were unrelated to the impending Yahoo merger.
News of the layoffs were first reported by technology website TechCrunch.
Trump lashes out at DOJ over travel ban legal strategy
President Donald Trump can't be counted on to give accurate information to Americans when violent acts are unfolding overseas . She noted that judges on a number of occasions have declared two executive orders issued by Trump to be unconstitutional.
Yahoo was once one of the biggest companies in online search in the early 2000s and even had the opportunity to purchase young versions of both Facebook and Google for a fraction of their value today.