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Tag: Yahoo

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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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