The US Federal Bureau of Investigation has been investigating the intrusion for two years, but it was only in late 2016 that the full scale of the hack became apparent. The FBI indicted four people for the attack, two of whom are Russian spies.
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The US Federal Bureau of Investigation has been investigating the intrusion for two years, but it was only in late 2016 that the full scale of the hack became apparent. The FBI indicted four people for the attack, two of whom are Russian spies.
The US Federal Bureau of Investigation has charged four people, including two Russian state intelligence agents, for their involvement in a massive hack of Yahoo that affected half a billion accounts.
Verizon Communications will pay $350 million less for Yahoo after two major data breaches reported by the struggling Internet pioneer.
The altered agreement would reduce the price of the $4.8 billion deal by approximately $250 million, after the revelation of security breaches at the web company.
Yahoo has announced that it will now be called Altaba and its CEO Marissa Mayer will step down from the board of directors after closing of its proposed sale of its main Internet properties to Verizon Communications Inc.
Yahoo announced that 15 percent of its workforce will be cut and will close some of its online services in a major turnaround plan.
Mozilla has picked Yahoo to be the default search engine for its Firefox browser in the U.S., deposing Google in a new five-year partnership announced on Wednesday.
Yahoo is acquiring the video advertising platform BrightRoll for $640 million, in a move that could help to offset declines in its traditional display ad business.
In a trading update yesterday, Yahoo said that revenue from display advertising increased by 2% to $409 million, while first quarter group revenue came in at $1.13 billion; the best Yahoo has posted since 2010.
A deeper look by Cisco Systems into the cyberattack that infected Yahoo users with malware appears to show a link between the attack and a suspicious affiliate traffic-pushing scheme with roots in Ukraine.
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