It sounds like Yahoo has some explaining to do if it wants Verizon to go ahead with the $4.8 billion deal to buy its internet business: Verizon says it’s inclined to declare the impact of the massive data breach that affected at least 500 million Yahoo users as a “material” event. [More]
Someone’s got some explaining to do: the Internal Revenue Service sent out about $11.6 billion in payments it shouldn’t have, through the Earned Income Tax Credit program last year, according to a report by the inspector general. This isn’t going over well with its parents at the White House because that is way more than its allowance.
Listen up if you’ve got an account with LastPass, a company that is designed to keep your passwords to multiple sites safe: The company says hackers may have gotten into their database and snatched information from up to 1.25 million customers.