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AT&T announces acquisition of Straight Path for $1.25 billion, works to expand future 5G networks

It never hurts to buy the bandwidth you need in advance. AT&T on Monday announced that it will acquire Straight Path Communications, a company that holds licenses to airwaves needed for the next-generation network technology. AT&T announced the deal in a press release, noting that it is worth $1.6 billion in total. Straight Path Communications […]

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Hack News security

Justice Department files charges against Russian hackers following Yahoo email breaches

They found the people who hacked into more than half a billion Yahoo email accounts. The Justice Department announced charges Wednesday against two Russian spies and two hackers behind the infamous 2014 hacks, which have been identified as among the most significant digital security breaks in American history. The four men together face 47 criminal […]

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Hack News security

Yahoo discloses third data breach in six months

The hits just keep on coming. Yahoo today revealed a third major hack, wherein some 32 million accounts have been accessed by intruders over the past two years. These accounts are in addition to the accounts affected by the two data breaches the company had previously disclosed. The accounts were apparently compromised via forged cookie […]

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Verizon settles on $4.48 billion purchase price for Yahoo’s core assets following email hacks

Verizon was able to save even more money following Yahoo’s email hacks. The telecommunications company announced a deal to buy the core business of Yahoo for $4.48 billion —managing to secure a $350 million discount it was pursuing because of two major security breaches, the last of which affected over 1 billion accounts. The deal […]

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Finance Hack News

Yahoo sale price discounted by $250 million in wake of hacks

You pay less if the item you’re buying has a couple of dings on it. Verizon is apparently close to purchasing Yahoo’s Internet properties for roughly $4.8 billion, a price that includes a $250 million discount after the revelation of security breaches at the web company. Sources close to the store cited the discounted price […]