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Verizon says Yahoo breach could affect takeover deal

2016-10-14 09:59:00| Telecompaper Headlines

(Telecompaper) Verizon Communications said its USD 4.83 billion acquisition of Yahoo could be affected by evidence of the massive data breach of email accounts, Reuters reported, citing Verizon general counsel Craig Silliman at a roundtable in Washington. The data breach could trigger a clause in the deal that would allow Verizon to pull out. "I think we have a reasonable basis to believe right now that the impact is material and we're looking to Yahoo to demonstrate to us the full impact. If they believe that it's not then they'll need to show us that," Silliman said, declining to comment on whether talks are under way to renegotiate the purchase price.

Tags: yahoo deal affect breach

Verizon says Yahoo data breach could affect deal

2016-10-14 07:53:09| BBC News | Business | UK Edition

US telecoms firm Verizon says Yahoo's massive data breach could have a "material" impact on its deal to buy the internet firm.

Tags: data yahoo deal affect

Yahoo Makes It Harder for Email Users to Jump Ship

2016-10-11 23:09:34| TechNewsWorld

Yahoo in recent days disabled autoforwarding for Yahoo Mail -- and in at least one corporate client's case, it disabled the webmail deletion feature. The autoforwarding feature "is under development," reads a statement on the Yahoo site. "While we work to improve it, we've temporarily disabled the ability to turn on Mail Forwarding for new forwarding addresses."

Tags: email users makes jump