Verizon Says Unsure About Yahoo Deal

Verizon Says Unsure About Yahoo Deal
HIGHLIGHTS
Yahoo came under renewed scrutiny after disclosing data breach
Verizon demanded better terms for its planned purchase
AOL CEO expects the Verizon-Yahoo deal to go through
A senior Verizon Communications Inc executive said on Thursday that the company was unsure about its planned acquisition of Yahoo Inc’s Internet business.

Yahoo came under renewed scrutiny by federal investigators and lawmakers last month after disclosing the largest known data breach in history, prompting Verizon to demand better terms for its planned purchase.

“I can’t sit here today and say with confidence one way or another because we still don’t know,” Marni Walden, president of product innovation and new businesses at Verizon, said at the Citi 2017 Internet, Media & Telecommunications Conference in Las Vegas.

Walden added that the merits of the deal still made sense and that there were certain aspects of the investigation that had yet to be completed.

(Also see: Yahoo Hack: Disclosure Lag Could Be a Simple Lack of Knowledge)
She did not provide a time-frame for the completion of the deal.

“We think it will take weeks at least, we don’t have a desire to have it drag on forever, that’s not our intent,” Walden said.

However, AOL Chief Executive Tim Armstrong told CNBC that he expected the Verizon-Yahoo deal would likely go through. AOL was acquired by Verizon in 2015 for $4.4 billion.

Yahoo’s shares were up 3.09 percent at $41.30, while Verizon’s shares were relatively unchanged in late afternoon trading.

© Thomson Reuters 2016

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Tags: Yahoo, Yahoo 2014 Hack, Yahoo Mail, Yahoo Hack, Verizon, Cyber Attack, Internet, Yahoo Verizon Deal, Apps, Telecom, Cyber Security

[“source-smallbiztrends”]

Yahoo India Year in Review 2016 Sees Sportwomen as Top News Makers

Yahoo India Year in Review 2016 Sees Sportwomen as Top News Makers
HIGHLIGHTS
Sindhu and Karmakar took the number one and two spots
Narendra Modi again emerged as the “most searched politician”
“The Unnamed Soldier” emerged as the “personality of the year”
Indian sportswomen who won laurels and dominated the headlines during the Rio Olympics pipped all other contenders in 2016 to emerge as the top news makers in the country, Yahoo announced on Thursday.

“The list of top news makers is usually ruled by politicians and Bollywood stars but in 2016, it saw the entry of P.V. Sindhu, Sakshi Malik, Dipa Karmakar and wrestler Vinesh Phogat,” Yahoo said in a statement.

These sportswomen also pipped cricketers in the “most searched sportsperson” category, with Sindhu and Karmakar at number one and two spots, respectively.

Sachin Tendulkar, MS Dhoni and Virat Kohli were the only cricketers who made it to the top 10 list.

However, Indians’ all-consuming obsession with cricket continued with ‘IPL 2016’ becoming the most searched newsy term, followed by Rio Olympics.

Prime Minister Narendra Modi again emerged as the “most searched politician”, followed by Delhi Chief Minister Arvind Kejriwal.
“The Unnamed Soldier” who remained perennially at the forefront of national consciousness emerged as the “personality of the year”.
“From thwarting a terrorist infiltration into the Pathankot Air Force Station to facing September’s militant attack in Uri that led to a precise and surgical retaliation from India, or being in the midst of the controversy surrounding the One Rank-One Pension scheme, the soldier was in the news all year long,” Yahoo said.

For the fifth consecutive year, former adult movie actor Sunny Leone reigned supreme among the “most searched female celebrities” in showbiz.

yahoo year in review infographic Year in Review

Tags: Yahoo India Year in Review 2016, Sports, Sportswomen, Rio Olympics, News Makers, Internet, India

[“Source-Gadgets”]

EU Privacy Watchdogs Warn WhatsApp on Privacy Policy, Yahoo on Breach

EU Privacy Watchdogs Warn WhatsApp on Privacy Policy, Yahoo on Breach

HIGHLIGHTS

  • EU sent letters to WhatsApp and Yahoo
  • Said they had concerns about WhatsApp’s recent change in privacy policy
  • Asked Yahoo to communicate all aspects of the data breach

European privacy watchdogs said on Friday they had sent letters to WhatsApp over its sharing of information with parent company Facebook and Yahoo over a 2014 data breach and its scanning of customer emails for US intelligence purposes.

European Union data protection authorities said they had serious concerns about WhatsApp’s recent change in privacy policy in which it would share users’ phone numbers with Facebook, its first change in policy since Facebook bought the messaging service.

The authorities, known as the Article 29 Working Party, “requested WhatsApp to communicate all relevant information to the Working Party as soon as possible and urged the company to pause the sharing of users’ data until the appropriate legal protections could be assured.”

A spokeswoman for WhatsApp said the company was working with data protection authorities to address their questions.”We’ve had constructive conversations, including before our update, and we remain committed to respecting applicable law,” she said.

The watchdogs also wrote to Yahoo over a massive data breach that exposed the email credentials of 500 million users, as well as its scanning of customers’ incoming emails for specific information provided by US intelligence officials.

They asked the company to communicate all aspects of the data breach to the EU authorities, to notify the affected users of the “adverse effects” and to cooperate with all “upcoming national data protection authorities’ enquiries and/or investigations.

“Yahoo was invited to provide information on the legal basis and the compatibility with EU law of any such activity,” the watchdogs said in a statement regarding the email scanning.

The Yahoo and WhatsApp cases will be discussed by regulators in November.

© Thomson Reuters 2016

Tags: WhatsApp, Yahoo, Yahoo Mail, Privacy, Encryption, European Union, EU, Apps, Internet
[“Source-Gadgets”]

EU Privacy Watchdogs Warn WhatsApp on Privacy Policy, Yahoo on Breach

EU Privacy Watchdogs Warn WhatsApp on Privacy Policy, Yahoo on Breach

HIGHLIGHTS

  • EU sent letters to WhatsApp and Yahoo
  • Said they had concerns about WhatsApp’s recent change in privacy policy
  • Asked Yahoo to communicate all aspects of the data breach

European privacy watchdogs said on Friday they had sent letters to WhatsApp over its sharing of information with parent company Facebook and Yahoo over a 2014 data breach and its scanning of customer emails for US intelligence purposes.

European Union data protection authorities said they had serious concerns about WhatsApp’s recent change in privacy policy in which it would share users’ phone numbers with Facebook, its first change in policy since Facebook bought the messaging service.

The authorities, known as the Article 29 Working Party, “requested WhatsApp to communicate all relevant information to the Working Party as soon as possible and urged the company to pause the sharing of users’ data until the appropriate legal protections could be assured.”

A spokeswoman for WhatsApp said the company was working with data protection authorities to address their questions.”We’ve had constructive conversations, including before our update, and we remain committed to respecting applicable law,” she said.

The watchdogs also wrote to Yahoo over a massive data breach that exposed the email credentials of 500 million users, as well as its scanning of customers’ incoming emails for specific information provided by US intelligence officials.

They asked the company to communicate all aspects of the data breach to the EU authorities, to notify the affected users of the “adverse effects” and to cooperate with all “upcoming national data protection authorities’ enquiries and/or investigations.

“Yahoo was invited to provide information on the legal basis and the compatibility with EU law of any such activity,” the watchdogs said in a statement regarding the email scanning.

The Yahoo and WhatsApp cases will be discussed by regulators in November.

© Thomson Reuters 2016

Tags: WhatsApp, Yahoo, Yahoo Mail, Privacy, Encryption, European Union, EU, Apps, Internet
[“Source-Gadgets”]