by Rob Lever Agence France-Presse Yahoo said Wednesday personal data from over a billion users was stolen in a hack dating back to 2013 — twice as big as another breach disclosed just three months ago. In a huge blow to the struggling internet pioneer, Yahoo said it made the discovery as it was investigating what was already the largest data breach of a single company. “Yahoo believes an unauthorized third party, in August 2013, […]
Tag: Yahoo
Yahoo hacked by ‘professional’ criminals: researchers
WASHINGTON, United States (AFP) — The massive theft of Yahoo user data disclosed last week came from “professional” hackers seeking to profit from the breach, according to an analysis by security researchers. The analysis published Wednesday by the security firm InfoArmor, which claims to have seen some of the data, contrasts with Yahoo’s claim that the attack was likely “state-sponsored,” but did suggest that stolen data was sold to a state-sponsored group at one point. […]
Russia? China? Who hacked Yahoo, and why?
PARIS, France (AFP) – by Guy JACKSON Laurence BENHAMOU Yahoo’s claim that it is the victim of a gigantic state-sponsored hack raises the question of whether it is the latest target for hackers with the backing of Russia, China or even North Korea, experts say. The US internet giant was under pressure Friday to explain how it sustained such a massive breach in 2014, which possibly affected 500 million accounts. Yahoo said the stolen information […]
Yahoo hack hit 500 million users, likely ‘state sponsored’
by Glenn CHAPMAN SAN FRANCISCO, United States (AFP) — Yahoo said Thursday a massive attack on its network in 2014 allowed hackers to steal data from half a billion users and may have been “state sponsored.” Yahoo, which confirmed details of the breach months after reports of a major hack, said its investigation concluded that “certain user account information was stolen” and that the attack came from “what it believes is a state-sponsored actor.” “Based […]
Yahoo appears near deal to sell core assets
by Sophie ESTIENNE SAN FRANCISCO, United States (AFP) — Yahoo was set to announced a deal to sell its core online assets, ending a 20-year run as an independent company for the internet pioneer. Multiple reports said Yahoo, which introduced many users around the world to the internet, would be selling its main assets for $4.8 billion to telecom giant Verizon. The New York Times said the deal would exclude the hefty Yahoo stakes in […]
Packing a punch online, Daily Mail moves for Yahoo
by Patrice NOVOTNY Shortlisted as a potential buyer of US Internet giant Yahoo, the Daily Mail has made an online empire out of the kind of content readers can’t resist clicking on. The parent company of the tabloid founded in 1896, Daily Mail and General Trust (DMGT), confirmed this month that it is in talks with interested parties regarding a bid for the struggling Yahoo. Though DMGT boasts revenue of some £1.8 billion ($2.6 billion, […]
Yahoo to cut 15 percent of workforce
(Reuters) — Yahoo Inc., said on Tuesday (February 02) it was exploring strategic alternatives in addition to the continued pursuit of the reverse spin-off of its Internet business. The company also said it would cut about 15 percent of its workforce and close offices in five locations. Shares of Yahoo, which also reported fourth-quarter results, fell 1.4 percent in after-hours trading on Tuesday. The company said it would simplify its product portfolio and that […]
Yahoo CEO says Firefox deal will boost search market share
(Reuters) – Yahoo Inc struck a deal with Firefox maker Mozilla Corp to replace Google Inc as the default search engine on the Firefox Web browser in the United States, a move that Yahoo Chief Executive Marissa Mayer said will help boost its flagging search market share. The deal between the two companies will start in December and is set to last five years, Yahoo said. Mayer would not disclose the financial terms other than to say that the […]
Yahoo ekes out third quarter revenue gain despite display ad weakness
(Reuters) – Yahoo Inc reported a modest increase in revenue during the third quarter, exceeding lackluster Wall Street targets, as the Internet company’s online display advertising business continued to struggle. Shares of Yahoo rose 1.1 percent to $40.61 in extended trading on Tuesday. “This is a continuation of what we’ve seen for most of the last two years,” said Pivotal Research Group analyst Brian Wieser, citing the ongoing weakness in the display advertising business. Yahoo’s revenue, excluding fees shared with partner […]





