News bites: Mayer says Yahoo! will have eye towards acquisitions

Yahoo! CEO Marissa Mayer told employees that the company will have an eye towards acquisitions when outlining its future business plans, The New York Times reports.

Facebook and securities firms that pitched the social network's shares face a series of lawsuits after the company's financial performance has sputtered, according to The Wall Street Journal

Wells Fargo's website was down for parts of Tuesday after a hacker threatened to attack the bank's site, Reuters says.

The Federal Communications Commission will start planning new rules on how much spectrum a carrier can hold, according to The New York Times

Cisco CEO John Chambers named potential successors for his role, Bloomberg reports.