Post Profile

Verizon reportedly wants a $1 billion discount on Yahoo deal because of the huge hacking scandal (YHOO, VZ)

Verizon is asking for a $1 billion discount on the Yahoo acquisition deal, after learning about the massive data breach last month, according to the New York Post's Claire Atkinson. The Post's report, citing "several sources," says AOL CEO Tim Armstrong is "pretty upset" about Yahoo's lack of disclosure about the hack, and is even questioning if there's a way to pull out of the deal entirely.
read more


Related Posts

Verizon ‘Livid’ Over Not Being Told of Yahoo Hack During Bidding Process

Media / Television Industry : TVWeek

Verizon’s $4.8 billion deal to acquire Yahoo could be scuttled over Yahoo’s handling of a massive 2014 hack that came to light last week. The New York Post cites sources saying Verizon only learned of the hack last Tuesday, a...

Yahoo left out something important when it said users haven't fled since its big hack (YHOO)

Business & Finance : Business Insider: Money Game

Yahoo had one main objective when it reported Q3 results on Tuesday: to show Wall Street that there hasn't been a mass exodus of users after the news of its big hack attack. To make the case, Yahoo showed off a several charts that i...

Verizon CEO says the report that he wants a $1 billion discount on hacked Yahoo is pure 'speculation' (YHOO, VZ)

Technology / Technology Industry News : Silicon Alley Insider

Verizon CEO Lowell McAdam says he's not surprised by the massive Yahoo hack and sought to dispel reports that Verizon is seeking a $1 billion discount on its pending acquisition of Yahoo. Speaking at Virtuous Circle 2016, a tech con...

Yahoo reports solid $1.31 billion in Q3 revenue as Verizon deal moves forward

Technology : Venture Beat

Yahoo ($YHOO) has declared its earnings for its third quarter, generating in $1.31 billion in revenue and an earnings per share of $0.17. Wall Street analysts had been expecting the company to report $1.31 billion in revenue with an...

Verizon Wants $1 Billion Taken Off the Price It’s Paying for Yahoo After Reports of Hacking and Spying

Media / Television Industry : TVWeek

“Verizon is pushing for a $1 billion discount off its pending $4.8 billion agreement to buy Yahoo, several sources told The Post exclusively,” reports our good friend, New York Post columnist Claire Atkinson. Atkinson adds, “Yahoo r...


Copyright © 2016 Regator, LLC