Verizon Lawyer Says Yahoo Security Breach Is ‘Material,’ Hack May Spike Telco’s $4.8 Billion Deal

Read on: Variety

Verizon Communications’ top lawyer said the Yahoo disclosure last month that info on more than 500 million email accounts was stolen by hackers represents a “material” impact and that the breach could lead to the telco abandoning its proposed $4.8 billion takeover of the flagging internet company’s core businesses. “I think we have a reasonable basis to believe... Read more »