Verizon isn’t calling off its plan to buy Yahoo but, in a move that shocks no one, is cutting some cash off its offer price after massive data breaches and resulting attention from lawmakers. [More]
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Did Yahoo Wait Too Long To Disclose Massive 2014 Data Breach? SEC Investigating
By 1.23.17
Yahoo, the online company that hosted your email in 2001, was the victim of two huge account breaches in 2013 and 2014, but didn’t tell customers or investors until last year. Now the Securities and Exchange Commission is one of the government entities investigating the breach, to find out whether Yahoo kept the info from its investors for too long. [More]
Yahoo To Kick CEO Off Board, Rename Company To Altaba — If Verizon Deal Goes Through
By 1.10.17
After losing 1.5 billion customer records in two different hacks, what can you possibly pull off for a third act? That’s what Yahoo is wondering right about now. Its answer? Throw the CEO off the board, change names post-haste, and hope that sweet Verizon acquisition is still on track. [More]
