Wednesday’s indictments in the United States of four people in a 2014 cyber attack on Yahoo Inc (YHOO. O) provides the clearest details yet on what some U.S. officials say is a symbiotic relationship between Moscow’s security services and private Russian hackers. The indictment charges two officers of the FSB, Russia’s Federal Security Service, and … Read more
A coalition of 53 companies on Thursday backed transgender rights at the U. S. Supreme Court, signing on to a brief supporting a Virginia student who is fighting to use the school bathroom that corresponds with his gender identity. Among the companies participating are Apple Inc(AAPL.O), Microsoft Corp (MSFT.O) and IBM Corp (IBM.N). The court … Read more
Yahoo and Verizon were not immediately available for comment. Verizon agreed to a revised deal to buy Yahoo Inc’s (YHOO. O) core internet business for $4.83 billion, as much as $350 million less than the original price, the Wall Street Journal reported, citing people familiar with the matter. The revised agreement could be announced as … Read more
Yahoo Inc on Monday reported better-than-expected quarterly profit and revenue, and said the sale of its core internet business to Verizon Communications Inc should be completed in the second quarter, allaying some investor concerns that the deal might collapse. The $4.8 billion Verizon transaction had originally been expected to close in the first quarter but … Read more
The U. S. Securities and Exchange Commission is investigating a previously disclosed data breach at Yahoo Inc (YHOO.O), the company said in a filing. Yahoo said in a November 2016 quarterly filing that it was “cooperating with federal, state and foreign” agencies, including the SEC, that were seeking information and documents about a “security incident … Read more