Ray J./Morton Fox

Verizon Revises Deal To Buy Yahoo At $350M Discount

If you found out after you got engaged that your soon-to-be better half had done something that made you question the impending union, what would you do — Cancel the wedding? Move the reception from the country club to your cousin’s backyard? If you’re Verizon and your betrothed is the data-breached Yahoo, you ask for a $350 million discount. [More]

Morton Fox

Yahoo Warns Users Their Email Accounts May Have Been Hacked – Yes, Again

On the same day as a report that says Verizon is renegotiating its offer to buy Yahoo at a $250 million discount, the internet company — for the third time in less than six months — is warning users that there’s potential their email accounts may have been hacked. [More]

Yahoo

Report: Verizon Still Plans To Buy Yahoo, Seeking $250M Discount

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]

Yahoo

Senators Give Yahoo 10 Days To Answer For Massive Breaches

Verizon’s $4.8 billion acquisition of Yahoo might still be going forward as planned, but that doesn’t mean the latter company is exempt from answering some tough questions about its massive data breaches: Lawmakers have given Yahoo until Feb. 23 to answer for the company’s actions related to the hacks.  [More]

Ray J./Morton Fox

Verizon Acquisition Of Yahoo Still Going Ahead As Planned

Since the announcement of data breaches consisting of 1.5 billion Yahoo accounts, Yahoo-watchers have had one question: what’s going to happen to the former internet titan’s agreement to sell its internet operations to Verizon for a mere $4.8 billion? In its quarterly and annual earnings report today, Yahoo announced that the deal is still on. It’s just taking a while. [More]

Yahoo

Did Yahoo Wait Too Long To Disclose Massive 2014 Data Breach? SEC Investigating

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

Yahoo To Kick CEO Off Board, Rename Company To Altaba — If Verizon Deal Goes Through

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]

Jeepers Media

Verizon Executive: Company Still Doesn’t Know If It’ll Go Through With Yahoo Deal

It’s been a few months of “will-they-won’t-they?” with everyone (okay, some people) wondering whether or not Verizon will go through with the $4.8 billion deal to buy Yahoo after not one, but two massive email breaches. Now, a Verizon executive is admitting that the company isn’t sure what’s going to happen. [More]

Mike Mozart

Will Massive Data Breaches Lead Verizon To Dump Yahoo?

While Yahoo has been grabbing headlines lately for its most recent data breach — one that affected more than one billion users — what about that other big story involving Yahoo, the one where Verizon Communications was preparing to buy the company’s internet business? [More]

Yahoo

Yahoo Confirms Another Major Data Breach; More Than 1 Billion Users Affected

Remember how, just three months ago, Yahoo had to admit that data for more than 500 million of its users had been compromised in 2014? It seems ridiculous to refer to something that hit 500 million people as the “smaller” of anything, but it turns out that was only the second overwhelmingly huge data breach Yahoo suffered in recent years. This week, it’s admitting a previous, even larger intrusion that hit more than a billion — yes, with a B — user accounts. [More]

Yahoo

Yahoo Knew About Giant Hack As Early As 2014

Back in September, Yahoo was forced to admit that it had suffered a security breach — a big one. A “whoops, there goes 500 million users’ data” one. Since then, both the public and potential acquirer Verizon have been asking: what did Yahoo know, and when did they know it? And the answer now seems to be: not as much as they should have, but way earlier than they said. [More]

Yahoo

Verizon Executive: We’re Still Waiting For More Info On Yahoo Breach

Yahoo’s data breach affecting the accounts of half a billion customers will probably have an effect on its pending acquisition by Verizon, and that effect will be a “material” one that will affect how much Verizon pays. A Verizon executive explained at a technology conference today that the company still needs more information about the hack before tying the knot. [More]

Morton Fox

Yahoo Explains Why It Turned Off Email Auto-Forwarding; Turns It Back On

Earlier this week, we told you about Yahoo Mail users complaining that they could no longer use the auto-forward function to have things from their Yahoo account forwarded to a different address. Now Yahoo is explaining why it turned off this function, and why it’s turned it back on. [More]

Yahoo

Verizon: Yahoo Has To Prove Impact Of Data Breach Isn’t “Material”

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]

Jeepers Media

Verizon Won’t Walk Away From Yahoo Deal, But May Want A Discount

Last week there were rumors swirling that Verizon was angling to get $1 billion off the $4.8 billion price it’s agreed to pay to buy Yahoo’s internet business. This week, the company’s CEO says there’s no way Verizon is going to leave Yahoo at the altar after its recent troubles, but that being said, there are some factors to consider when it comes to that final price. [More]

Douglas Woods

Yahoo Turned Off E-Mail Forwarding Just When People Might Want To Leave

Whether it’s become of the breach of their account data, reports that the company built a tool for the U.S. government to monitor users’ e-mail, the pending sale (maybe) to Verizon, or because they’ve simply outgrown the service, a lot of users want to quit using Yahoo for their e-mail. Some of them already had quit, and then learned that automatically forwarding e-mail to a new address isn’t an option. [More]

Yahoo

Verizon Reportedly Trying To Get $1B Discount On Yahoo Purchase

It’s normal to get cold feet before a wedding, especially if your intended is a technology company that is facing legal action after millions of user accounts were breached, and everyone was saying you’d created a spy tool for the government to snoop on users’ emails. That’s reportedly why Verizon is angling to get $1 billion off the $4.8 billion price it agreed to pay to purchase Yahoo’s internet business. [More]

Yahoo

Yahoo Calls Report Claiming It Snooped On Emails For U.S. Government “Misleading”

After a report this week claimed Yahoo built a tool specially designed to help U.S. intelligence and law enforcement agencies eavesdrop on its email users’ conversations, the tech company has issued another, lengthier response, without flat out denying anything. [More]