Verizon demanded a $925 million discount on its acquisition of Yahoo's online services to help offset the damage from the biggest data breaches in internet history. It ultimately settled on a $350 million concession.
Yahoo said Monday that board member and former internet executive Thomas McInerney would lead the business that remains after the sale of its core assets to Verizon is completed.
Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts.
Yahoo is warning users of potentially malicious activity on their accounts between 2015 and 2016, the latest development in the internet company's investigation of a mega-breach that exposed 1 billion users' data several ...
Yahoo said Monday its $4.8 billion deal to sell its core internet assets to US telecom titan Verizon has been delayed several months.
The US Securities and Exchange Commission has opened an investigation into whether Yahoo should have informed investors sooner about two major data breaches, the Wall Street Journal reported Sunday, citing people familiar ...
Yahoo confirmed on Monday that chief executive Marissa Mayer will quit the company's board after its merger with Verizon.
The revelation of Yahoo's latest hack underscores what many Americans have known for years: All those emails, photos and other personal files stored online can easily be stolen, and there's little anyone can do about it.
Yahoo shares slid Thursday on worries that Verizon will walk away or slash its $4.8 billion offer for the company's digital operations after another massive data breach.
Yahoo has become the worst-case example of an unnerving but increasingly common phenomenon—massive hacks that steal secrets and other potentially revealing information from our personal digital accounts, or from big organizations ...