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Yahoo Dodges Questions On Hacking, Verizon Deal By Canceling Earnings Call (huffingtonpost.com)

Posted by BeauHD on from the look-the-other-way dept.

Verizon has been growing wary of their pending $4.83 billion acquisition deal of Yahoo ever since the technology company revealed a massive data breach affecting at least 500 million of its users. Today, Yahoo canceled their earnings call to avoid talking about the incident. Huffington Post reports: The internet company announced Friday that it will not hold the customary conference call after it released its third-quarter earnings next week "due to the pending transaction with Verizon." Verizon announced in July that it had agreed to buy Yahoo for $4.8 billion. The New York Post reported last week that Verizon wanted to cut $1 billion off the acquisition price due to the hack. Verizon denied the report. Yahoo's announcement reads in part: "Due to the pending transaction with Verizon, Yahoo will not have an earnings call or webcast for its third quarter results. Concurrently with release of its financial results, supplemental financial information will also be posted on the Company's Investor Relations website at investor.yahoo.net.

27 comments

  1. Marissa meyer, lol by Anonymous Coward · · Score: 0

    Marissa Meyer sure is an albatross around Yahoo's neck. She's so incompetent she can't even properly close a deal to sell the company she's been gutting.

    1. Re:Marissa meyer, lol by Anonymous Coward · · Score: 1

      Dear Slashdot, when I clicked the link it said there were 7 comments. When I got in and loaded all comments (browsing at -1) I see 5 comments. Are you deleting comments.

    2. Re: Marissa meyer, lol by Anonymous Coward · · Score: 0

      They have been deleting comments for a while.

    3. Re: Marissa meyer, lol by sittingnut · · Score: 1

      obviously somebody at /. does not get the humor on g@y nigg@r comments that has littered the threads. bet they never heard of the movie http://www.imdb.com/title/tt02... either.
      even this non lame comment about a real movie and comments encountered a lameness filter and i had to use @.

    4. Re: Marissa meyer, lol by Zontar+The+Mindless · · Score: 0

      They're not being deleted. They're not being allowed to be posted in the first place.

      You guys are so anxious to prove some kind of nutty conspiracy theory that you overlook things like caching and the fact that Slashcode is buggy as hell.

      The real GNAA is long dead in any case.

      --
      Il n'y a pas de Planet B.
  2. Marissa Mayer for President by Anonymous Coward · · Score: 0

    At least she has balls.

    1. Re:Marissa Mayer for President by gweihir · · Score: 0

      Trump is an excellent con-man too!

      --
      Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.
  3. Ignore the Press: The Hillary Clinton Strategy by Nova+Express · · Score: 0

    It used to be people would pay a price for ignoring the press. However, as Hillary Clinton's campaign has proven, since no one trusts the press anymore, you pay no penalty for ignoring them at will.

    So why not ignore them?

    --
    Lawrence Person (lawrencepersonh@gmailh.com (remove all "h"s to mail)

    http://www.lawrenceperson.com/

    1. Re:Ignore the Press: The Hillary Clinton Strategy by Anonymous Coward · · Score: 0

      Too bad the press has their heads so far up their asses the only thing they write about is manufactured shit drama. And they get paid peanuts to do it.

    2. Re:Ignore the Press: The Hillary Clinton Strategy by Anonymous Coward · · Score: 0

      Too bad the press has their heads so far up their asses the only thing they write about is manufactured shit drama. And they get paid peanuts to do it.

      Oh my God! Someone else in the World gets this?! I thought I was alone. During this election cycle, I've been feeling like the only adult at a playground while groups of children hurl insults at each other instead of playing ball.

      I'm pretty much voting this Nov for the local elections and the fact that a Senate seat is up for grabs and I want to vote against the incumbent.

    3. Re:Ignore the Press: The Hillary Clinton Strategy by Archangel+Michael · · Score: 1

      Haven't you been paying attention to the Wikileaks? The press is part of the Hillary Campaign staff.

      Hey, three more Clinton supporters said Trump groped them. Are you tired of Hillary and Donald yet?

      Vote Gary Johnson.

      --
      Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.
  4. She's fleeing the interview! by xxxJonBoyxxx · · Score: 2

    I can see Marissa running out the door of the ramshackle Yahoo HQ and another middle-aged midwestern woman running after her shouting "she's fleeing the interview!"

    And yes, there's a woodchipper scene later.

    1. Re:She's fleeing the interview! by Anonymous Coward · · Score: 0

      Perhaps they are so competent as to signal in this manner and save everyone the time. Probably optimistic of me

  5. IT'S A TRAP!!! by ELCouz · · Score: 1

    Get out of there....fast!

  6. Investor confidence restored! by fuzzyfuzzyfungus · · Score: 4, Insightful

    If the situation is so bad that they can't even maintain an air of forced cheer for the duration of an earnings call; it must be really, really, grim. Denying the seriousness of the situation is a basic managerial skill.

    1. Re:Investor confidence restored! by rtb61 · · Score: 1

      When you hire an M&M you are not hiring skill but a well marketed illusion, of course once you have hired the illusion, their skill becomes all too apparent in it's total lack. Apparantly the one and only plan, force all the staff into the office, get them talking, steal their ideas and call them mine (apparently the M&Ms practice at Google, hence the demotion).

      --
      Chaos - everything, everywhere, everywhen
  7. Why is this merge even being allowed? by Anonymous Coward · · Score: 0

    Verizon is an ISP and it's buying a media/services portal?

    This more vertical integration in the vein of NBC/Universal and Comcast (it now produces and distributes media). And that was a terrible deal for consumers.

  8. Heh. by ZenShadow · · Score: 1

    And nobody noticed.

    --
    -- sigs cause cancer.
  9. Hiring M&Ms? by Anonymous Coward · · Score: 0

    What is a giant M&M supposed to do on an earnings call? Nobody can even see the guy in the M&M suit to laugh.

  10. Active User Stats by cdxta · · Score: 1

    Maybe they are busy updating their active user statistics that Verizon probably requested just before the hack news came out. Look at all these active accounts... :)

    1. Re: Active User Stats by Anonymous Coward · · Score: 0

      This weekend's game on /. ,guess how many ACTIVE accounts Yahoo really has..

    2. Re:Active User Stats by naughtynaughty · · Score: 1

      They keep accounts active by letting hackers use them

  11. Yoga balls don't count by mschaffer · · Score: 1

    Dont' confuse "balls" for sheer incompetence.

  12. hehehe by nikkipolya · · Score: 1

    Why isn't this being covered on Yahoo news? This is why the Yahoo portal sucks...

  13. Re:LOL Gary by Archangel+Michael · · Score: 1

    Who you gonna vote for? Criminal or the other Criminal?

    --
    Agent K: A *person* is smart. People are dumb, stupid, panicky animals, and you know it.