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...
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