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Verizon to finally take over Yahoo after approval from shareholders
Jun09

Verizon to finally take over Yahoo after approval from shareholders

The endless wait for the closing of the deal that will see Verizon take over Yahoo is finally over. The date set for the takeover is next Tuesday, June 13th, according to report. The formal takeover of Yahoo is expected to be followed soon after by the changing of the company’s name to Altaba. This will also come with restructuring, which will now see Yahoo become an investment company. Earlier threatened by recent data breaches that...

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Yahoo email hack allegedly masterminded by two Russian intelligence officers
Mar16

Yahoo email hack allegedly masterminded by two Russian intelligence officers

Finally, things are beginning to unfold as investigations into recent Yahoo email hack near conclusion. The Justice Department has brought charges against two Russian intelligence officers over the role they played in recent attacks on emails of 500 million Yahoo account owners. According to the Justice Department, the data stolen by the two intelligence officers were used by the Russian government to spy on a range of targets,...

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Turkey investigating antitrust complaint against Google
Mar07

Turkey investigating antitrust complaint against Google

Google is being investigated by Turkey’s Competition Board over a complaint brought against the search engine giant. The Competition Body will seek to find out whether Google violated the country’s competition law, reports Reuters. According to a statement posted on its website on Monday, Turkey’s Competition Board said it was carrying out the investigation to determine whether Google’s contracts with equipment...

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Yahoo CEO forfeits annual bonus as company confirms 32 million accounts were hacked
Mar03

Yahoo CEO forfeits annual bonus as company confirms 32 million accounts were hacked

Yahoo has confirmed that 32 million accounts were hacked in a cookie-related attack. The attack, which dates back to 2015 and 2016, generated tension among Yahoo email account owners; causing many to change their passwords a couple of times. In an email sent in February to ZDNET by Yahoo, the company explained that state-sponsored attackers gained access to users’ accounts, using what it regarded as sophisticated cookie forging...

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Verizon and Yahoo announce change in terms of agreement
Feb21

Verizon and Yahoo announce change in terms of agreement

We are finally drawing closer to an official announcement that would formally declare Yahoo a business part of Verizon. Earlier threatened by recent data breaches that affected Yahoo, the deal is all set to be formalized; but not according to the figure quoted in 2016. A whopping sum of $350 million has been shaved off the initial fee agreed between both companies—and no thanks to two recent attacks on Yahoo data. To most industry...

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Yahoo in trouble again; sends out emails warning users of state-sponsored attacks
Feb16

Yahoo in trouble again; sends out emails warning users of state-sponsored attacks

According to ZDNET, Yahoo has started sending out emails to its users, warning them of state-sponsored attacks. The content of the email according to the report, includes warnings about a possible breach of users’ account. Recall that this is not the first time in recent months the company is suffering from account breaches. Back in December, virtually every single Yahoo account holder got an email notifying them of a breach, which...

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