Verizon Communications Inc (VZ.N) will announce an agreement on Monday to buy Yahoo Inc (YHOO.O) for about $5 billion, according to a person familiar with the matter.
Yahoo Inc is focusing on U.S. telecommunications company Verizon Communications Inc as the buyer of its core business after reviewing final bids that it received this week, people familiar with the matter said on Friday.
SAN FRANCISCO: Public concerns about the U.S. government's secretive surveillance programs exposed by Edward Snowden have spawned a slew of encryption products and privacy services that aim to make electronic spying more difficult.