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Verizon sought $925 million penalty for Yahoo's lax security - WBT

Clarification: Yahoo-Executives story - information 1110 99.3 WBT

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FILE - during this Dec. 15, 2016, file image, the Yahoo brand looks on a smartphone in Frankfurt, Germany. In a regulatory submitting on Monday, March 13, 2017, Yahoo named the excellent executives who will lead what's left of the enterprise after its company is bought to Verizon. present CEO Marissa Mayer will dwell at Yahoo until the $4.48 billion Verizon deal closes, expected through the conclusion of June 2017. The filing didn't say what's going to happen to her position after this.

March 13, 2017

SAN FRANCISCO (AP) -- In a story March 13, The associated Press mentioned that greater than 1 billion Yahoo users had been plagued by two protection breaches. The story may still have exact that more than 1 billion user accounts had been damaged into, as some bills could have belonged to the same people.

The AP additionally mentioned that Yahoo's board withheld Yahoo CEO Marissa Mayer's cash bonus and stock award to punish her for the breaches. The story didn't say that Mayer offered to forgo the inventory award to punish herself.

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    Verizon sought $925 million penalty for Yahoo's lax security - WBT Verizon sought $925 million penalty for Yahoo's lax security - WBT Reviewed by Stergios on 3/14/2017 Rating: 5

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