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Verizon’s risky business: Acquiring the world’s biggest hack

Verizon Communications, Inc. will be acquiring Yahoo, Inc.’s core business for nearly $4.5 billion. The price tag is roughly $350 million less than what Verizon – the market leading U.S. wireless carrier – originally offered. Yahoo already has a shrunken reputation as an old school internet company trying to go new school with its Flickr, Tumblr, and other digital properties. The value of its business is tied to how many people are tuning their PCs, laptops, tablets, and smartphones into Yahoo channels.”]

Source: https://www.csoonline.com/article/3174125/verizons-risky-business-acquiring-the-worlds-biggest-hack.html

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