Sunday, 16 December 2018

Verizon seeks to cut Yahoo price by $1bn

By Nick Wood, Total Telecom
Friday 07 October 16

U.S. telco reportedly upset about Yahoo's failure to disclose massive cyber attack.

Verizon wants a $1 billion (€896.5 million) discount off the $4.8 billion price it agreed to pay for Yahoo in July, after the latter revealed it was the victim of a cyber attack that compromised 500 million users. This is according to sources cited in a New York Post report on Thursday…

Verizon wants a $1 billion (€896.5 million) discount off the $4.8 billion price it agreed to pay for Yahoo in July, after the latter revealed it was the victim of a cyber attack that compromised 500 million users. This is according to sources cited in a New York Post report on Thursday…

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