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Verizon Demands a Better Deal After Yahoo’s Latest Historic Hack

December 16, 2016

Via: Fortune
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Yahoo YHOO -6.11% came under renewed scrutiny by federal investigators and lawmakers on Thursday after disclosing the largest known data breach in history, prompting Verizon Communications VZ 0.35% to demand better terms for its planned purchase of Yahoo‘s internet business.

Shares of the Sunnyvale, California-based internet pioneer fell more than 6% after it announced the breach of data belonging to more than 1 billion users late on Wednesday, following another large hack reported in September.

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