SEC launches probe into Yahoo’s data breaches

Yahoo Inc. is reportedly being probed by the U. S. Securities & Exchange Commission (SEC), as federal authorities are trying to determine whether the beleaguered internet company should have reported its two massive data breaches sooner to investors.

Speaking on the condition of anonymity, a person, claiming familiarity with the matter, revealed that SEC opened an investigation and demanded the company to submit certain documents in December.

Yahoo to Report Q2 Earnings on Monday and Receive Final Bids from Potential Buyers

Yahoo is set to report its Q2 earnings after the markets close on Monday.

It could be the last earnings report for the Sunnyvale, California based multinational technology company as the world knows it today. On Monday, Yahoo is also expected to receive final bids from interested companies who have shown interest in buying it. Yahoo's core business, including advertising, search and content businesses like Yahoo Finance, Yahoo Sports and Yahoo Mail are up for sale.

Marissa Mayer Highlights Positive Notes in Yahoo’s Annual Share Holders Meeting

Yahoo held an annual shareholders' meeting on Thursday and CEO Marissa Mayer highlighted all the positive notes without going into the topic of the company's attempt to sell its core internet operations which is facing severe slump.

Yahoo Inc Puts Up 3,000 Patents for Auction

People with knowledge of matter said, Yahoo Inc. has initiated an auction of almost three thousand patents which are expected to draw greater than $1 billion.

The internet company, which has already put up its core web business for sale, sent letters to several potential buyers in recent weeks for the patents. Some of these patents date back to 1996 when Yahoo laid its founding stones. One of the sources said, it include its original search technology.

Chief Financial Officer Reassured Investors that Yahoo is Seriously Considering all Options, Including Sale

Yahoo! Inc, which was once a dominant Internet company, is now struggling to make a comeback and it appears that it was not devoid of ideas but lacked vision.

The most recent option that the company is considering to revive itself is through selling its stake in Yahoo Japan Corp. along with its Web operations.

For years, Yahoo, with one billion or more monthly active users struggled to regain its significance and in the past month it announced that it is trimming fifteen percent of its workforce, which is close to 1,600 jobs.

Yahoo’s Board considering Possible Sale of the Business, Hires Three Investment Banking Firms

No matter how hard, Yahoo's CEO Marissa Mayer tried to boost the company's profits nothing seemed to work for long and pressure from the frustrated shareholders kept growing. Stock prices of the company have dropped rapidly and investors are now pushing for sale of the Internet operations.