Yahoo hit with $2.7 billion judgment by Mexico court
- 30 November, 2012 22:38
A court in Mexico has entered a US$2.7 billion judgment against Yahoo in a breach-of-contract suit over a yellow-pages listing service.
The 49th Civil Court of the Federal District of Mexico City issued the non-final judgment against Yahoo and Yahoo de Mexico in a case brought by Worldwide Directories and Ideas Interactivas, Yahoo announced on Friday. Yahoo said the plaintiffs' claims are without merit and it will appeal the judgment.
Worldwide Directories and Ideas Interactivas claimed breach of contract, breach of promise and lost profits in the case, which involved contracts related to a listing service.
Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.
Five trends affecting legal CIOs
CIO Roundtable: The changing face of security
Bitcoin malware count soars as cryptocurrency value climbs
Bouncing Back From CIO Unemployment
Union slams latest fibre-to-premise trial in Tasmania
The Total Cost of Ownership Benchmarking
This white paper provides business insight after an extensive analysis of Total Cost of Ownership (TCO) associated with IP and legacy TDM (Time Division Multiplexing) telephony systems in 236 different corporate environments worldwide.
2014 Foundations of Pathways | 9 Executive Core Business Competencies
CIOs who want to shift their leadership focus beyond the IT function need to cultivate and emphasise leadership competencies that will equip them to lead effectively at the enterprise level and at the business strategy table.
Best Practices in Data Protection Monitoring
This whitepaper discusses best practice in data protection monitoring, with a focus on recoverability and visibility as significant drivers for success. Whether backing up a private cloud or several smaller environments, learn how a unified view is necessary for proactively reporting protection, compliance to auditors, and understanding overall data protection health, performance, and reliability.