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Tag Archives: million

Verizon Will Pay $350 Million Less for Yahoo

By VINDU GOEL February 21, 2017 SAN FRANCISCO — Faced with unknown costs related to two huge data breaches, Yahoo and Verizon Communications announced Tuesday that they had agreed to shave $ 350 million from the price that Verizon would pay to buy Yahoo’s core internet businesses. The two companies said they ...

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Netflix Profit Rises 56 Percent to $67 Million

A year ago, Netflix boldly declared that it planned to conquer the global market for streaming television, adding more than 130 countries to its service map. It also promised to start delivering material profits in 2017 after operating at break-even profitability for several quarters. On Wednesday, the company released business ...

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Yahoo Says Hackers Stole Data on 500 Million Users in 2014

SAN FRANCISCO — Yahoo announced on Thursday that the account information of at least 500 million users was stolen by hackers two years ago, in the biggest known intrusion of one company’s computer network. In a statement, Yahoo said user information — including names, email addresses, telephone numbers, birth dates, ...

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Vietnam demands $159 million tax on Big C deal: report

More than a month after France’s Casino Group completed the US$ 1.04 billion sale of supermarket chain Big C Vietnam to Thailand’s Central Group, the Vietnamese tax authority has reportedly grown impatient with the late tax payment on the record deal. In a recent letter to the companies, the General ...

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Vinamilk acquires US dairy company in $10 million investment

Vinamilk, Vietnam’s biggest dairy company, has taken over California-based Driftwood Dairy Holding Corporation after buying the company’s remaining stake of 30 percent for US$ 3 million, according to a press release on Monday. The acquisition came more than two years after the giant bought a stake of 70 percent in ...

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