Verizon may be backing out of its $4.83 billion deal to buy Yahoo, reported Bloomberg on Thursday.
The driving factor in any about-turn is likely Wednesday’s revelation that more than a billion accounts were breached in 2013. That announcement came less than three months after the internet giant admitted to a previous data breach that hit 500,000 accounts — at the time, the largest ever hack; but now eclipsed by yesterday’s information.
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