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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.

While Yahoo as a corporate entity may be disappearing, the brand it created is likely to live on and potentially grow under its new corporate benefactor, analysts say

Yahoo Confirms Huge Data Breach Affecting 500 Million Accounts

SAN FRANCISCO (AP) — Yahoo said hackers stole personal information from 500 million of its user accounts, a massive security breakdown it attributed to a “state sponsored actor.” The breach disclosed Thursday, the latest setback for the beleaguered internet company, dates back to late 2014.

Jack Dorsey May Want to Pull a Marissa Mayer Soon

Twitter Chief Executive Jack Dorsey may want to consider stealing a page from Yahoo boss Marissa Mayer’s playbook. The $13 billion social-media firm that he co-founded is mostly flapping about under his helm. Now would be a good time to look for a deep-pocketed suitor.