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Seen & Heard: Yahoo CEO Exits via Platinum Parachute Verizon announced today that it had wrapped up its $4.5 billion deal to buy Yahoo's web assets and is saying goodbye to Yahoo CEO Marissa Mayer, but don't shed too many tears for her quite yet. According to a story by CNN, Mayer, who exited Google to take the helm at Yahoo, leaves with a parting gift of $236 million based on the mid-day stock price of Yahoo's shares. Mayer held about 4.5 million shares of Yahoo, according to CNN, including options and restricted stock units. But wait, there's more! Mayer also scored $23 million in severance payments now that the Yahoo Inc. (Nasdaq: YHOO) Internet assets have been merged with Verizon's AOL unit to create a new subsidiary called "Oath." (Pledge was already taken.) Oath is comprised of more than 50 media and technology assets including HuffPost, Yahoo Sports, AOL.com and Tumblr, the latter of which Yahoo bought for $1 billion during Mayer's reign. Former AOL CEO Tim Armstrong now holds the same title at Oath, which is part of Verizon's Media and Telematics organization. Upon completion of the deal, Mayer resigned from Yahoo. Yahoo was struggling prior to Mayer being named CEO, and the news of data breaches led to a reduction in the price after Verizon and Yahoo re-worked the deal. (See Verizon Shaves $350M Off of Yahoo Deal.) Verizon first announced its intention to buy Yahoo's web assets in July. (See Seen & Heard: Verizon Gets Cold Feet on Yahoo Deal and Verizon Betting Big on Yahoo's Assets.) — Mike Robuck, Editor, Telco Transformation |
 The winners from the holiday edition of Telco Transformation's caption contest are announced.
It's the final cartoon caption contest of the year for Telco Transformation.
Comcast and AT&T are among the first companies to pass out bonuses to employees after tax reform legislation passes.
Disney is upping its streaming video game with its deal with 21st Century Fox.
CenturyLink's survey also asked IT professionals about SD-WAN, Ethernet and MPLS.
 On-the-Air Thursdays Digital Audio ARCHIVED | December 7, 2017, 12pm EST
Orange has been one of the leading proponents of SDN and NFV. In this Telco Transformation radio show, Orange's John Isch provides some perspective on his company's NFV/SDN journey.
 Special Huawei Video  Huawei Network Transformation Seminar The adoption of virtualization technology and cloud architectures by telecom network operators is now well underway but there is still a long way to go before the transition to an era of Network Functions Cloudification (NFC) is complete. Video
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