Home » Negócios » Verizon pays out $350m less in price cut deal with Yahoo

Ethan Miller/GettyYahoo and Verizon have agreed to cut their deal price by $350 million following Yahoo’s disclosures of two data breaches.Verizon had been nagging Yahoo! to cut its valuation after the latter admitted to a pair of cyber-attacks a year ago, in which hackers had broken into the web company’s systems, and raided a database of more a billion Yahoo! customer accounts, swiping personal information and hashed passwords. The new purchase price is United States dollars 4.48 billion. The new deal is now worth $4.48 billion in cash, and is expected to be concluded in the second quarter of this year. Pence Says He and Trump Support ‘Free and Independent Press’
Trump described Brussels as “a hellhole” early previous year , and he praised Britain’s decision in June to leave the EU. A White House official confirmed the meeting but said that the account of the conversation is inaccurate. “The amended terms of the agreement provide a fair and favourable outcome for shareholders”.The combined Yahoo and AOL businesses will help diversify Verizon away from its core wireless business, wrote Jennifer Fritzsche, an analyst at Wells Fargo, but “we would note its digital media and advertising business would still be a small percentage of revenues”.Verizon and Yahoo have announced that because the latter had been hacked twice, the price of Verizon’s acquisition of the once proud internet company will be reduced by $350 million. Yahoo still faces probes and lawsuits related to the breaches, which affected more than 1.5 billion accounts. United Kingdom public sector borrowing in £9.4bn surplus last month
Under the previous method, the surplus would have been £15.2bn, the highest since records began in 1997. The shortfall in the first 10 months was 49.3 billion pounds, down 22 percent on the year. If cyber security was not already a priority agenda item across boardrooms, the news of the revised deal will resonate with key stakeholders in many organisations, according to Rob Norris, ‎head of enterprise and cyber security for Europe, Middle East, India and Africa at Fujitsu. A “material” effect in this case is one that would harm Yahoo’s financial value, and make the Web giant less attractive to purchase. She said that the transaction will help quickly boost Yahoo’s mobile business while also financially separating itself from Chinese commerce company Alibaba. Yahoo is still on the hook for shareholder lawsuits and SEC investigations. Yahoo is now in the final stages of its security investigations, a person familiar with the matter told Quartz.Following the news of both attacks, Verizon, based in Basking Ridge, N.J., said that it had been “evaluating the implications of the breaches”.Verizon, which also owns AOL, is attempting to expand and improve its own mobile and online video efforts. Missing Clemson athletics official found dead in SC
Clemson Associate Athletic Director Bert Henderson, 60, was found dead Tuesday morning, after a search in Anderson County. Henderson’s ties to Clemson really took off as he became IPTAY’s first associate executive director in 1985.

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