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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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Yahoo renamed ‘Altaba’ as Marissa others to step down as board members
Jan10

Yahoo renamed ‘Altaba’ as Marissa others to step down as board members

Yahoo is in the finally stages of being taken over by Verizon, and so no one will be shocked to see certain changes being made. The company [Yahoo], said on Monday that several of its directors, including CEO Merissa Mayer and co-founder David Filo, will step down as board directors. As soon as the deal to turn over its ownership to Verizon is completed, Yahoo’s name will be formally changed to Altaba, Yahoo said in a regulatory...

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Yahoo says 1 billion user accounts were stolen—could be the biggest hack ever
Dec15

Yahoo says 1 billion user accounts were stolen—could be the biggest hack ever

Not the first time, but hopefully the last time this is happening. Yahoo on Wednesday sent jitters down the spines of people around the globe when it announced that 1 billion accounts were hacked in 2013. In September, Yahoo confirmed a breach that affected 500 million people around the world. That was the biggest data breach at the time; but even that announcement has turned out to be a child’s play compared to the one announced by...

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Verizon hints that recent data breach could halt its $4.8 billion acquisition of Yahoo’s core business
Oct14

Verizon hints that recent data breach could halt its $4.8 billion acquisition of Yahoo’s core business

Doesn’t look too good for the Yahoo takeover bid by Verizon—the telecom giant has indicated it might yet pull out of plans to buy the tech giant. This is not unconnected with the recent massive data breach, which affected millions of accounts. Verizon agreed a $4.8 billion deal to buy Yahoo a couple of weeks back, but that may be put on hold going by the company’s recent statement. On Thursday, Verizon said that the massive data...

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Yahoo confirms biggest ever security breach; at least 500 million accounts affected
Sep23

Yahoo confirms biggest ever security breach; at least 500 million accounts affected

Yahoo on Thursday confirmed our biggest fear—half a billion accounts may have been breached by a “state-sponsored actor.” This is no doubt the largest online data breach, beating the LinkedIn hack some months ago. It is also coming at a time when change of ownership from Yahoo to Verizon is being finalized by parties involved. The company said certain user account info, such as names, email addresses, phone numbers, date of birth,...

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