• Thursday, October 24, 2024
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Yahoo Japan to buy eAccess from SoftBank for $3.2 billion

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On Friday, Fox-IT, a Delft, Netherlands-based computer security firm, wrote in a blog that attackers had inserted malicious ads served by ads.yahoo.com

Yahoo Japan Corp said on Thursday that it would buy mobile and broadband provider eAccess Ltd from its parent SoftBank Corp for 324 billion yen ($3.17 billion) in a bid to expand its services for tablets and smartphones.

SoftBank, which owns about 42.5 percent in Yahoo Japan, said in a separate statement that it would book a special gain of 55.7 billion yen for the fiscal year ending March 2015.

Reuters

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

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