Yahoo Will Be Sold For 4.8 Billion Dollars! Should Its Users Be Concerned?

Yahoo Will Be Sold For 4.8 Billion Dollars! Should Its Users Be Concerned?

The largest US telecommunications company Verizon Communications will buy the internet portal Yahoo for a relatively modest amount.

For a total of 4.8 billion dollars, they will get Yahoo search engine, but also its email service.

Wall Street Journal writes about the evidence of significant fall in the value of one of the pioneers of the Internet era, which at one time was evaluated in 125 billion. It is noted that the revenue Yahoo Inc. steadily declined over the past eight years.

Most likely, the transaction would lead to the end of the four-year reign of General Director Yahoo Inc. Marissa Mayer, whose attempts to revive the company were unsuccessful.

It is worth noting that Verizon Communications already owns another online giant, AOL. The purchase happened last year and the new management has already started making big changes in AOL.

The same is expected to be the case with Yahoo. According to people from Yahoo Customer support Australia, this deal will bring a lot of improvements.

In 2013, a huge scandal happened when hackers stole more than a half billion email accounts of Yahoo users. It seems that the new management of the company will look to assure that something similar never happens in the future.

The experts from Yahoo support website called www.pcpatchers.net/yahoo-support.html think that huge improvements will be made in the segment of online security.

On top of that, the new management is expected to make changes in the Yahoo technical support and make it even more responsive to user inquiries.

Basically, this means that once Verizon takes the charge of the company, the level of user security will skyrocket. With new improvements, there will not be a way for hackers to steal the accounts. On top of that, the phishing scams will become a thing of the past.

Apart from keeping the accounts safe, the Verizon-owned email service will also look to help the users solve common problems more easily.

For example, in the case of a forgotten password, all the users will have to do to retrieve the account is give a call to the Yahoo support number 1800894139.

Original Source