Yahoo and Verizon ‘near To Agreeing Revised Sale Terms’

Internet group Yahoo has reportedly agreed a price cut on its initial $4.8bn (£3.86bn) sale to Verizon. Verizon’s purchase of Yahoo’s core internet arm was put in doubt last year after disclosure of two cyber attacks. Several reports in the US said Yahoo has now accepted a price cut of up to $350m and agreed … Read more

Yahoo Sale Delayed Following Security Breaches

American search giant Yahoo says it will complete the sale of its core internet assets to telecoms firm Verizon later than originally planned. The $4.8bn (£4bn) deal was thrown into doubt last year after Yahoo revealed two vast data security breaches at the company. Hundreds of thousands of user accounts were affected by the attacks. … Read more