{"id":781,"date":"2017-01-23T23:57:49","date_gmt":"2017-01-24T04:57:49","guid":{"rendered":"https:\/\/michigan.it.umich.edu\/news\/?p=781"},"modified":"2024-07-08T06:06:39","modified_gmt":"2024-07-08T10:06:39","slug":"yahoo-under-fire","status":"publish","type":"post","link":"https:\/\/michigan.it.umich.edu\/news\/2017\/01\/23\/yahoo-under-fire\/","title":{"rendered":"Yahoo under fire"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-779 alignleft\" src=\"https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2017\/01\/verizon-yahoo-logos-2016-e1485233323239-200x120.jpg\" alt=\"Verizon and Yahoo logos\" width=\"303\" height=\"182\" srcset=\"https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2017\/01\/verizon-yahoo-logos-2016-e1485233323239-200x120.jpg 200w, https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2017\/01\/verizon-yahoo-logos-2016-e1485233323239-150x90.jpg 150w, https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2017\/01\/verizon-yahoo-logos-2016-e1485233323239.jpg 324w\" sizes=\"auto, (max-width: 303px) 100vw, 303px\" \/><\/p>\n<p class=\"column small-12 medium-10 medium-offset-1 large-offset-2 _10M0Ygc4\" data-reactid=\"215\">Back in December, Yahoo came under renewed scrutiny after disclosing the largest known data breach in history, prompting Verizon Communications to <a href=\"http:\/\/fortune.com\/2016\/12\/16\/yahoo-hack-verizon-deal\/\">demand better terms for its planned purchase<\/a> of Yahoo&#8217;s internet business. According to <strong>Erik Gordon<\/strong>, a professor at the Ross School of Business, renegotiating the deal&#8217;s price tag would be the simplest but also least likely scenario because the impact of the data breaches will not be apparent for some time. A more likely concession would be for Yahoo to agree to compensate Verizon after the close of the deal, based on the liabilities that occur.\u00a0Yahoo shares fell more than 6% after it announced the breach affecting\u00a0more than 1 billion users, which followed another large hack reported in September.Verizon has threatened to go to court to get out of the deal if it is not repriced.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Back in December, Yahoo came under renewed scrutiny after disclosing the largest known data breach in history, prompting Verizon Communications to demand better terms for its planned purchase of Yahoo&#8217;s internet business. According to Erik Gordon, a professor at the Ross School of Business, renegotiating the deal&#8217;s price tag would be the simplest but also least likely scenario\u2026 <span class=\"read-more\"><a href=\"https:\/\/michigan.it.umich.edu\/news\/2017\/01\/23\/yahoo-under-fire\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":779,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_umich_oidc_access":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_ef_editorial_meta_date_first-draft-date":"","_ef_editorial_meta_paragraph_assignment":"","_ef_editorial_meta_checkbox_needs-photo":"","_ef_editorial_meta_number_word-count":"","footnotes":""},"categories":[5],"tags":[178,122],"class_list":["post-781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-campus-news","tag-business","tag-hacking"],"uagb_featured_image_src":{"full":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2017\/01\/verizon-yahoo-logos-2016-e1485233323239.jpg",324,194,false],"thumbnail":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2017\/01\/verizon-yahoo-logos-2016-e1485233323239-150x90.jpg",150,90,true],"medium":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2017\/01\/verizon-yahoo-logos-2016-e1485233323239-200x120.jpg",200,120,true],"medium_large":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2017\/01\/verizon-yahoo-logos-2016-e1485233323239.jpg",324,194,false],"large":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2017\/01\/verizon-yahoo-logos-2016-e1485233323239.jpg",324,194,false],"1536x1536":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2017\/01\/verizon-yahoo-logos-2016-e1485233323239.jpg",324,194,false],"2048x2048":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2017\/01\/verizon-yahoo-logos-2016-e1485233323239.jpg",324,194,false],"excerpt-thumbnail":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2017\/01\/verizon-yahoo-logos-2016-e1485233323239-200x140.jpg",200,140,true],"themonic-thumbnail":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2017\/01\/verizon-yahoo-logos-2016-e1485233323239.jpg",60,36,false],"ioslider-thumbnail":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2017\/01\/verizon-yahoo-logos-2016-e1485233323239.jpg",324,194,false],"post-thumbnail":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2017\/01\/verizon-yahoo-logos-2016-e1485233323239.jpg",324,194,false],"400x250-crop":["https:\/\/michigan.it.umich.edu\/news\/wp-content\/uploads\/2017\/01\/verizon-yahoo-logos-2016-e1485233323239.jpg",324,194,false]},"uagb_author_info":{"display_name":"News Staff","author_link":"https:\/\/michigan.it.umich.edu\/news\/author\/mitnewsadm\/"},"uagb_comment_info":0,"uagb_excerpt":"Back in December, Yahoo came under renewed scrutiny after disclosing the largest known data breach in history, prompting Verizon Communications to demand better terms for its planned purchase of Yahoo&#8217;s internet business. According to Erik Gordon, a professor at the Ross School of Business, renegotiating the deal&#8217;s price tag would be the simplest but also&hellip;","_links":{"self":[{"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/posts\/781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/comments?post=781"}],"version-history":[{"count":9,"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/posts\/781\/revisions"}],"predecessor-version":[{"id":1771,"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/posts\/781\/revisions\/1771"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/media\/779"}],"wp:attachment":[{"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/media?parent=781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/categories?post=781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigan.it.umich.edu\/news\/wp-json\/wp\/v2\/tags?post=781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}