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Tag: Verizon

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Verizon Seeks New Deal Terms Following Latest Yahoo Hack

(Reuters) — Yahoo Inc came under renewed scrutiny by federal investigators and lawmakers on Thursday after disclosing the largest known data breach in history, prompting Verizon Communications Inc to demand better terms for its planned purchase of Yahoo’s internet business.

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Verizon May Back Out of Yahoo Purchase over Massive Hack

(Reuters) — Verizon Communications Inc (VZ.N) said on Thursday it has a “reasonable basis” to believe Yahoo Inc’s (YHOO.O) massive data breach of email accounts represents a material impact that could allow Verizon to withdraw from its $4.83 billion deal to buy the technology company.

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Ex-Verizon Worker Accused of Selling Customer Phone Records

ATLANTA (AP) — A former Verizon Wireless technician is accused of using the company’s computers to obtain customers’ private call records – plus data showing where customers’ phones were – and then selling them to an unnamed private investigator, federal prosecutors said.

Mickey Mouse (Paul Hiffmeyer / Disney / Getty)

Disney Has a Magic Kingdom of Reasons to Buy Twitter

Disney has significant advantages over other bidders to acquire Twitter. First, Twitter’s CEO Jack Dorsey serves on Disney’s Board of Directors. But the biggest advantage is that Disney owns a 33 percent stake in BAMTech, the tech spinout from Major League Baseball that owns the app powering Twitter’s streaming of NFL games on the web.

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Report: Verizon Plans Bid for Yahoo and Its Yahoo Japan Stake

(Reuters) — Verizon Communications Inc (VZ.N) is ready to make a bid for Yahoo’s web business, and hopes to make a merger more successful by also making an offer for a stake in Yahoo’s Japan subsidiary, Bloomberg reported on Thursday, citing a source familiar with the matter.

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