Technology

Verizon Communications closes Yahoo deal, Marissa Mayer resigns

Verizon Communications Inc (VZ) closed the acquisition of Yahoo Inc (YHOO)’s core business. YHOO, once valued at over $100 billion, is no longer a stand-alone internet company following the deal. The acquisition was expected to close in 2016, though it was postponed amid two serious data breaches revealed by Yahoo last year. YHOO’s CEO Marissa …

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Technology

Sirius XM reportedly planning to invest in Pandora Media

Sirius XM Holdings Inc is looking forward to invest in Pandora Media Inc, according to a recently published report by Reuters citing sources with the knowledge of the matter. The New York-based satellite radio company is discussing a private investment in public equity (PIPE) with Pandora, however the latest talks between the two companies could still …

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