News and Articles About Yahoo
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The order on Yahoo from a secret court last year resulted from the government's drive to change decades of interpretation of the Fourth Amendment right of people to be secure against 'unreasonable searches and seizures.'
The top American wireless carrier still expects to go through with the deal, but is looking for 'major concessions' in light of the most recent breach.
The number of affected accounts was double the number implicated in a 2014 breach that the internet company disclosed in September.
It was not clear why there was such a marked decline in the proportion of women leaders at Yahoo, which is led by Silicon Valley's most powerful female CEO, Marissa Mayer.
Verizon has had preliminary briefings from Yahoo but it still needs 'significant information' from the company before it makes a final decision on the acquisition.
'This feature is under development.'
The lawsuit also claims former Chief Marketing Officer Kathy Savitt 'intentionally hired and promoted women because of their gender.'
Last month Yahoo said at least 500 million of its accounts were hacked in 2014.
The company complied with a classified U.S. government demand to look through millions of accounts at the behest of the National Security Agency or FBI, sources say.
It was not clear how such a disclosure might affect Yahoo's plan to sell its email service and other core internet properties to Verizon for $4.8 billion.
'Google is search, Facebook is social, we're going to be brand,' he said.
Given the new web properties and brands Verizon acquired, advertisers will have more opportunities than ever before.
As commodity markets continued dealing on Friday, traders were lamenting the imminent demise of the version of Yahoo Messenger that has been their main communication tool since the late 1990s.
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© 2017 Entrepreneur Media, Inc.