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After months of leaks and speculation, Verizon Communications Inc. has emerged as the most likely buyer of Yahoo! Inc. The deal, which may be announced in the next few days according to people familiar with the matter, will likely bring to an end the tumultuous reign of Chief Executive Officer Marissa Mayer, who tried and failed to re-invent Yahoo as an independent company. If finalized, the nation’s largest wireless carrier would add the iconic web pioneer and its millions of daily users to a growing stable of media properties. Verizon is discussing a price close to $5 billion for Yahoo’s core internet business, one of the people said. While the deal doesn’t include the company’s patents at this stage, it does include real estate assets. The non-core sale of intellectual property assets will be sold separately, a person familiar with the deal said, and won’t be finished for another month at least. They could fetch “hundreds of millions of dollars,” the person said. View the full article
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verizon Verizon will have to pay $1.35m fine over 'supercookie'
NewsBot posted a topic in Backpage News
The Federal Communications Commission (FCC) has announced that it has found Verizon Wireless to have deliberately violated the privacy of its users. Verizon Wireless is the largest US carrier with over 100m subscribers, but failed to disclose the practice of using supercookies in order to violate their users privacy from late 2012 until 2014, violating a 2010 FCC regulation on Internet transparency. Supercookies are un-deletable and contain unique identifiers that the company used to identify users so that Verizon and others could target their advertising based on the user’s web browsing history. The information contained in the supercookies allowed advertisers to fine tune their adverts and deliver them to likely receptive recipients. View the full article -
So the war of words over interconnection has continued. Last week, we wrote about the back and forth between Verizon and Level 3 on their corporate blogs concerning who was really to blame for congestion slowing down your Netflix video watching. As we noted, Level 3 used Verizon's own information to show that Verizon was, in fact, the problem. Basically, in spite of it being easy and cheap, Verizon was refusing to do a trivial operation of connecting up a few more ports, which Level3 had been asking them to do so for a long time. In other words, Verizon was refusing to do some very, very basic maintenance to deliver to its users exactly what Verizon had sold them. Earlier this week, Verizon went back to its blog with another blog post from David Young, this one even snarkier than the last. Snark can be fun, but if the underlying message is completely bogus, you're going to run into trouble. In fact, Young's underlying message is so weak, that he more or less admits to absolutely everything that Level 3 was claiming in its post -- while pretending it's Level 3 that actually admitted fault! View the full article
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The Federal Communications Commission has demanded—and received—the paid peering agreements Netflix signed with Comcast and Verizon, FCC Chairman Tom Wheeler announced today. While Wheeler said the commission has "broad authority," he didn't promise to take any action beyond gathering information. "To be clear, what we are doing right now is collecting information, not regulating," he said. According to Comcast, the FCC has actually had the Comcast-Netflix agreement for months, but it had not previously revealed that fact. Wheeler said he wants to make sure consumers get the Internet service they pay for—something that has not been happening for many Netflix users. View the full article
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After months of complaints by Netflix, the Federal Communications Commission is beginning to look into the streaming quality issues that Netflix subscribers have been seeing on Comcast and Verizon. Netflix has been in a heated and public battle with internet providers over network congestion that's supposedly slowing its service down, with both sides pinning responsibility on the other. "Consumers pay their ISP and they pay content providers like Hulu, Netflix, or Amazon. Then when they don’t get good service they wonder what is going on," FCC Chairman Tom Wheeler says in a statement. "I have experienced these problems myself and know how exasperating it can be." The FCC has obtained the terms of the agreements that Netflix made with both Comcast and Verizon earlier this year that have it paying them both in order to resolve these issues. The FCC says that it doesn't yet have a full understanding of what's occurring between the companies, and it's continuing to evaluate to see who's at fault for the connection problems. "Consumers must get what they pay for," Wheeler says. "As the consumer’s representative we need to know what is going on." Wheeler says that the FCC is continuing to request information from internet and content providers. View the full article