Final Note

More bad news for Yahoo

Kai Ryssdal Oct 13, 2016
HTML EMBED:
COPY
Justin Sullivan/Getty Images
Final Note

More bad news for Yahoo

Kai Ryssdal Oct 13, 2016
Justin Sullivan/Getty Images
HTML EMBED:
COPY

Things are going from bad to worse for Yahoo.

Of course, you’ll remember Verizon signed a $4.83 billion deal to buy Yahoo before Yahoo discovered a half-billion emails had been hacked back in 2014. Today, Verizon general counsel Craig Silliman said the company has “reasonable basis” to believe the breach is enough to let Verizon back out of the deal.

The company, according to Silliman, is “looking to Yahoo to demonstrate the full impact” of the breach, according to a report from ABC News.

Serious question: What happens to Yahoo if that happens?

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.  

Need some Econ 101?

Our new Marketplace Crash Course is here to help. Sign-up for free, learn at your own pace.