Around the Net

Yahoo Hack Could Affect Verizon Deal

The new hack revelation raises fresh questions about Verizon’s $4.8 billion proposed acquisition of Yahoo, and whether the mobile carrier will seek to modify or abandon its bid. If the hacks cause a user backlash, the company’s services wouldn’t be as valuable to Verizon. The telecom giant wants Yahoo and its many users to help it build a digital ad business.

Read the whole story at Associated Press »

Next story loading loading..