Selling security breaches is an area that has greatly increased in the last two – three years, this new commodity market is putting face to face sellers, that can range from simple hackers to specialized companies, and buyers, whose spectrum ranges from national security agencies or corporations from cyber criminal networks.
Some security breaches remain unknown to most of us, these services being bought for a fortune to develop some form of targeted attack, but others can affect us …

Yahoo reported today that a federal civil court in Mexico City has passed an initial judgment of $2.7 billion USD against it over alleged breach of contract leading to lost profits.
The online search pioneer and one-time leader said it received a non-final verdict from the 49th Civil Court of the Federal District of Mexico City.
Worldwide Directories and Ideas Interactivas had filed a lawsuit against Yahoo for alleged claims of breach of contract, breach of promise, and lost profits from …

Yahoo! and Samsung unwrapped on Tuesday, November 5, a multi-year agreement that will see the Yahoo! Broadcast Interactivity platform integrate into 2012 models of Samsung Smart TVs.
Running on SoundPrint, Yahoo!’s automatic content recognition (ACR) technology, Yahoo! Broadcast Interactivity will deploy into Samsung SyncPlus to open opportunities for smart content discovery, ads and user involvement.
Based on the partnership, owners of Samsung Smart TVs will receive interactive content, …

Yahoo will be closing up shop and completely exiting the South Korean market as the year ends.
According to Yahoo, the move is part of its effort to streamline its operations and focus more on its global business.
The move comes part of new Yahoo CEO Marissa Mayer’s plans for the ailing internet company which has seen its lead taken by Google.
A former Google vice president, Mayer is bent on reshaping the company to regain its former glory. Part of her plan is to add key personnel to her team …

Yahoo has announced that Henrique de Castro will be its new chief operating officer (COO).
Reporting directly to Yahoo CEO Marissa Mayer, de Castro will head the strategic and operational management of Yahoo!’s sales, operations, media and business development worldwide.
De Castro brings over 20 years’ experience of leadership in operations, strategy, partner management and revenue generation for several leading brands worldwide.
“Henrique is an incredibly accomplished and …

Marissa Mayer will earn a basic annual salary of $1 million USD as the latest CEO of Yahoo.
An SEC filing by the one-time search leader has revealed that Mayer, a former exec and the first female software engineer of Google, will receive one million dollars plus bonuses. Her compensation might even total to more than $10 million if she will pull off a somewhat insurmountable feat to turn Yahoo’s downward spiral around.
On Tuesday, Yahoo chose Mayer from a shortlist of several capable …

Google VP of Location and Local Services Marissa Mayer has resigned as one of the search giant’s top execs to be the next CEO of Yahoo, making her one of the most eminent women corporate America and IT center Silicon Valley has ever seen.
Yahoo, the one-time leader in web search, chose Mayer, 37, from a shortlist of prominent candidates in an effort to bring life to its struggling business. Mayer had become one of the faces of Google during its press conferences and keynotes, and accounted …

Yahoo and Facebook reported on Friday that they have finally resolved a high profile patent disagreement through a deal, which analysts thought would possibly benefit both sides.
The dispute, involving a patent infringement of Yahoo against Facebook for technologies related to social networking, advertising, privacy, site customization and communications, have finally been resolved. Both firms revealed in a joint statement that they have signed a cross-licensing agreement allowing access to …

 
Yahoo Seeks Facebook Lawsuit Settlement
 
Yahoo! Inc. wants to settle its lawsuit with Facebook, a new court filing from the web company has revealed.
According to Bloomberg, Yahoo lawyers have filed a motion to extend the deadlines for the company and Facebook to file replies to the lawsuit.
This extension is reportedly for Yahoo and Facebook to continue discussions, the report says.
“Lawyers for Yahoo asked U.S. District Judge Jeffrey S. White in San Francisco yesterday for a …

Yahoo Axis: The New Browser from Yahoo or How Haste Makes Waste / image via axis.yahoo.com

Yahoo’s recently launched browser managed the “performance” to receive, from its very beginnings, a black ball in terms of security!
Trying to divert attention from the recent dismissal of its executive director, Scott Thompson, Yahoo hastened to release on the market its new browser – Axis. But the proverb ‘haste makes waste’ proved to be perfectly true in this case, as users quickly passed …