Yahoo Slashes Price of Verizon Deal $350 Mn After Data Breaches

Yahoo slashed the price of the sale of its core Internet business to Verizon by $350 million following a pair of major data breaches at Yahoo, the two companies announced Tuesday. Under the revised terms of the deal, Verizon’s purchase of the Yahoo assets will now total $4.48 billion. Yahoo still faces probes and lawsuits … Read more