By John Glenday

Yahoo is steeling itself to reveal the full extent of a potentially widespread and serious data breach instigated by a hacker named ‘Peace’ which could affect several hundred million user accounts – according to Recode.

If true the hack comes at the worst possible time for the service, just as its sale to Verizon is set to be finalised, with a formal announcement expected to be made later this week.

Consequently, there are fears amongst shareholders that Verizon may be tempted to row back on the $4.8bn it agreed to pay for the business in light of the potentially large liabilities it Read full story ›

Source: The Drum