Verizon is said to be rethinking its proposed $4.83bn acquisition of Yahoo, following the recent hack in which the personal details of more than one billion users were stolen. Even if the company agrees to continue with the purchase, anonymous sources said Verizon is looking for "major concessions", with some claiming the firm will take Yahoo to court if it does not reduce its sale price. Delaware federal authorities are investigating the breach, in which hackers accessed users' names, email addresses and hashed passwords.
Verizon is said to be rethinking its proposed $4.83bn acquisition of Yahoo, following the recent hack in which the personal details of more than one billion users were stolen. Even if the company agrees to continue with the purchase, anonymous sources said Verizon is looking for "major concessions", with some claiming the firm will take Yahoo to court if it does not reduce its sale price. US federal authorities are investigating the breach, in which hackers accessed users' names, email addresses and hashed passwords.