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Yahoo Says Hackers Stole Information From Over 1 Billion Accounts (go.com)
An anonymous reader quotes a breaking report from ABC News: Yahoo says it believes hackers stole data from more than one billion user accounts in August 2013. The Sunnyvale, California, company says it's a different breach from the one it disclosed in September, when it said 500 million accounts were exposed. That new hack revelation raises questions about whether Verizon will try to change the terms of its $4.8 billion proposed acquisition of Yahoo. Yahoo says the information stolen may include names, email addresses, phone numbers, birthdates and security questions and answers. The company says it believes bank-account information and payment-card data were not affected.
....we know our privacy is non-existent. That Verizon could continue to talk of a deal after the last Yahoo! breach was amazing. If Verizon continues with an additional *billion* it shows that neither the market nor the establishment can penalise egregious data loss. It's pathetic that they claim bank account information is likely safe, but the combination of personal data _plus security questions and answers_ opens a whole new field. Wow.
They haven't caused a major oil or chemical spill, so strictly speaking they haven't failed in every conceivable way!
The world's burning. Moped Jesus spotted on I50. Details at 11.
I see no reason for them to exist.
I do. They are a great site for throwaway email accounts, so I can make one-time-use of sites that insist that I "create an account". Of the billion compromised accounts, I suspect that only a small percentage are currently used by real people.
I don't see how Yahoo has $39 billion in market cap.
Yahoo was an early investor in Alibaba, and owns about 15% of Alibaba's stock. If you subtract out the value of that stock, the rest of Yahoo actually had negative value prior to Verizon's offer.