Verizon/Yahoo to share breach liability; Discount could be $300M
Another person familiar with the situation said the price cut was likely to be around $250 million, a figure that Bloomberg reported earlier on Wednesday.
The two companies had announced that the details of the data breach had slowed down the final details of the acquisition that will see Yahoo's operations being added to the largest carrier in the US, based on number of subscribers. According to sources, the price for Yahoo will go down by about $250 million, or a little more than 5% of the original $4.8 billion price tag.
"Verizon Communications Inc.is close to a renegotiated deal for Yahoo!" In September 2016, Yahoo announced that information on at least 500 million email accounts was stolen by "state-sponsored" hackers in 2014. Verizon has not disclosed sales for the entire year. While there was a lot of speculation about the attack and a lot of finger-pointing as well, there were reports that Verizon would seek a discount from Yahoo. But the deal was repeatedly delayed after revelations of record-breaking data breaches at Yahoo involving more than 1 billion accounts.
Yahoo and Verizon did not immediately respond to requests for comment.
But Verizon's plans for Yahoo ran aground after Yahoo disclosed a string of data breaches that analysts say are among history's largest.
Yahoo said in January that its $4.8 billion acquisition by Verizon would be pushed back to the second quarter from the first.
Verizon hopes that its new acquisition will help it move outside its traditional telecommunications role and into the mobile media and advertising world, while Yahoo simply seems eager for some relief from it's many problems.
The Sara Lee recall involves 734 cases of cheese distributed in Alabama, California, Louisiana, Michigan, Pennsylvania, and Texas. A supplier notified Sargento that a Longhorn Colby cheese that supplied may contain a form of Listeria .
She said she's has been opposing Planned Parenthood for about 30 years."This is about protecting the most innocent among us". "Defunding Planned Parenthood is not about stripping health care from women, but protecting our most basic right".
You can share your favorite spots across different social networks, popular messaging apps, email, and via text messages. For example, if you plan a museum trip in a new city you're visiting, you can add them all to a "Museums" to visit list.
Four of the seven people who suffered from smoke inhalation were taken to the hospital with non-life threatening injuries. Although the cause of the fire is under investigation, the Anaheim Police Department said that no foul play is suspected.
According to state media, Gambia's government has notified the United Nations of its intention to remain in the ICC. Mr Jammeh took The Gambia out of the Commonwealth in 2013, calling it a neo-colonial institution.
Monday's Google Doodle is an effort to educate people about pangolins and how they range from vulnerable to critically endangered. As you go through the game, you'll have to pick up different items to rack up points, and earn as many stars as possible.
At least 32 people were killed and more were taken to hospital after a tour bus crashed on a highway in Taiwan on Tuesday night. Pictures from the scene of the crash show the bus lying on its side with rescuers checking over the site for survivors.
President, we are at a critical juncture with regard to North Korea and its provocative behavior", Gardner wrote. A fully developed ICBM could threaten the continental United States , which is about 9,000km from North Korea.
Aside from not being open-world, Gamble shared some of the things that players can look forward to in Mass Effect Andromeda . All squad members would have their own loyalty missions as strings of objectives rather than one single mission.
There should perhaps be a little concern over Diego Costa, whose goal drought - if we can call it that - stands at three games. Burnley won a point from a losing position in the PL for the first time since the 1-1 draw at Chelsea on 21 February 2015.
German economy grows moderately in last quarter of 2016
The index for investors' future expectations fell by 6.2 points to 10.4 points last month, Mannheim-based ZEW said in a statement. The Current Conditions Index dropped to 76.4 this month from 77.3 in January, worse than expectations for a reading of 77.2.
Silver, Jordan help cool down Oakley-Dolan feud
After Oakley's arrest, Dolan suggested Oakley might have an alcohol problem, which the former Knicks forward denied. Oakley was arrested and charged with three misdemeanor counts of assault and one misdemeanor count of trespassing.
Wall Street flat ahead of Yellen testimony
During the financial crisis, the Fed purchased large-scale assets to hold down long-term interest rates. US stock indexes opened slightly lower Tuesday morning after breaching record highs on Monday.
The search for life: NASA to deploy robotic probe to Europa
Now, the space agency has detailed - in a Science Definition Team (SDT) report - a mission to send a lander to the icy moon. Then, they will collect data which will help them in the preparation for an actual landing on the icy moon of Jupiter.
Appeals court will vote on rehearing ban ruling
Martosko said he wasn't sure whether Trump had the earpiece in earlier, during the beginning of the press conference. The Justice Department said in a statement it is "considering its options" in response to Thomas' request.
Ed Sheeran to perform at Grammys
If you're a cord cutter, this is a good investment anyway to make it easier to watch things like sporting events and award shows. Michael Jackson and Santana hold the male record for most GRAMMYs won in one night; Adele and Beyonce on the female side.
Sears, Kmart drop 31 types of Trump products
A Sears Holdings rep explained that the products were removed so the stores could focus on more profitable products. These decisions have coincided with liberal pressure to not promote any merchandise relating to the Trump family.
Sergio Aguero could leave Man City - Pep Guardiola
Guardiola also underlined the club's firm stance over the future of striker Sergio Aguero. "I don't want to sell him". Guardiola has preferred to go with a front three of Jesus, Leroy Sane and Raheem Sterling in recent games.