Yahoo reported better-than-expected revenues and profits during Q4 2016, surpassing Wall Street estimates to grow revenues 15 per cent year-on-year, but the spectre of two large-scale data breaches continues to hang over the firm, which has pushed back the sale of its core internet business to Verizon to Q2.

“With our 2016 and Q4 financial results ahead of plan, and the continued stability in our user engagement trends, the opportunities ahead with Verizon look bright,” said Marissa Mayer, CEO of Yahoo. “I’m very pleased with our Q4 results and incredibly proud of the team’s execution on our 2016 strategic […READ MORE at: Original Article: www.itproportal.com]