Items tagged with (NASDAQ:YHOO)

In the wake of a report outing Yahoo's email scanning program for the government, a handful of other major tech firms have gone on record saying they don't snoop your incoming messages for Uncle Sam. Those firms include Apple, Facebook, Google, Microsoft, and Twitter, four of which pretty much denied ever receiving such a request from the U.S. government. "We’ve never received a request like this, and were we to receive it we’d challenge it in a court. Separately, while federal law prohibits companies from being able to share information about certain types of national security related requests, we are currently suing the Justice Department for the ability to disclose more information about government... Read more...
Says it ain’t so, Yahoo. As if Yahoo doesn’t have enough trouble on its hands with the revelation that 500 million users accounts were compromised in a 2012 hack (that number could actually surpass 1 billion users according to recent reports), a new report suggests that Yahoo provided a helping hand to the U.S government’s spying efforts. Yahoo is accused of building a custom scanner that snooped through the email accounts of millions of unsuspecting customers. The scanner was designed and built under the direction of two of the United States’ top intelligence gathering agencies: the National Security Agency (NSA) and the Federal Bureau of Investigation (FBI) according to Reuters. The program... Read more...
To call this a stressful time for Yahoo would be an understatement. As the company is in the process of being scooped up by Verizon, it's also dealing with the aftermath of what could become the largest security breach in all of history - at least in terms of users impacted. We reported last week that the company was slapped with a class action suit a mere day after it was discovered that upwards of 500 million user accounts were affected in a security breach. Today, an insider and former Yahoo exec claims that the real number could be double that - cue diabolical pinky finger to mouth: 1 billion (Or perhaps even higher). Yahoo's Marissa Mayer has a tough job on her hands right now This... Read more...
Yahoo is getting ready to disclose a data breach that exposed account details for at least 200 million users. While nothing is yet official on Yahoo's part, the forthcoming disclosure is likely related to a security breach earlier this summer that Yahoo previously said it was investigating. Since then, a cybercriminal who goes by the name "Peace" has been selling the data on the dark web for $1,800.Peace, who has been linked to other high profile security breaches, claims the data includes usernames, passwords that are easy to decrypt, and personally information such as birth dates, email addresses, and more. Yahoo said back in August that it was "aware of the claim" but stopped short of confirming... Read more...
Surprise, surprise, Yahoo has been hacked AGAIN. This time, 200 million Yahoo accounts are supposedly being shopped around for 3 bitcoins, or roughly $1,800 USD. A hacker known as Peace has listed the alleged credentials of Yahoo users on The Real Deal marketplace. He had been trading the data privately, but decided to go public on the dark web. Peace is also supposedly responsible for selling recent dumps of MySpace and LinkedIn accounts. Yahoo has yet to confirm the security breach. The company stated, “We are aware of a claim...We are committed to protecting the security of our users’ information and we take any such claim very seriously. Our security team is working to determine the facts.”... Read more...
Yahoo has some ‘splaining to do. A judge in an appeal case for a drug trafficker recently ordered Yahoo to present a witness and provide documents explaining how the company recovers deleted emails. According to Yahoo’s policies, deleted emails are not recoverable. The appeal will decide the fate of Russell Knaggs of Yorkshire, England. In 2009 Knaggs was the ringleader for a plan to import five tons of cocaine from South America. A dealer in Colombia and one in Europe would communicate with one another through an email account “slimjim25@ymail.com”. One would write a “draft” and the other would then read it and delete it from both the “draft” and “trash” folders. Knagg’s solicitor mentioned... Read more...
Business is good over at Verizon. So good, in fact, that the nation's largest wireless carrier announced that it's entered into a definitive agreement to purchase Yahoo for approximately $4.83 billion in cash, the company confirmed this morning. Around this time a year ago, Verizon was closing its acquisition of AOL for $4.4 billion. "Just over a year ago we acquired AOL to enhance our strategy of providing a cross-screen connection for consumers, creators and advertisers. The acquisition of Yahoo will put Verizon in a highly competitive position as a top global mobile media company, and help accelerate our revenue stream in digital advertising," said Lowell McAdam, Verizon Chairman and CEO.... Read more...
It's good computing practice to change your passwords every now and then, and also after a major hacking incident. The latter is why you should considering changing your Gmail or Yahoo password at your earliest convenience—over 272 million online accounts have been stolen and are being traded in Russia's underground market. Researchers from Hold Security told Reuters that it found a Russian hacker gloating in a web forum that he had stolen a larger number of online credentials. His cache of compromised accounts totaled 1.17 billion, though many of them were duplicates. After eliminating redundant entries, the security outfit counted 57 million Mail.ru accounts, just 7 million shy of the monthly... Read more...
Verizon, the "Can you hear me now?" company (to quote an older marketing slogan), has major aspirations of makings its go90 streaming video service a big time money maker. To help accelerate those plans, Verizon is looking into making a purchase offer for Yahoo, provided the price is right and everything checks out.There's no offer in place at the moment, though Verizon is pretty serious about its interest in Yahoo. So serious, in fact, that it's tasked Tim Armstrong, CEO of its AOL subsidiary, in leading the charge on this one. Armstrong is one of Verizon's prized employees who's helped close big deals in the past, and it just so happens that he's known Yahoo boss Marissa Mayer for several years... Read more...
After falling short of financial expectations in the third quarter of 2015, Yahoo is hoping that Google can be the catalyst in its ongoing turnaround effort. As such, Yahoo is turning to the Mountain View giant to provide a bit of search and advertising as the company narrows its focus on its core business. More on the deal in a moment, but first, let's have a look at some numbers. Yahoo reported $1.2 billion in revenue for the quarter, up from $1.15 billion in the same quarter a year ago. However, net income was only $76 million, or 8 cents a share, way down from $6.77 billion, or $6.70 a share, from a year ago. Yahoo also reported a $42 million write-down related to its original video content,... Read more...
Adobe's Flash platform is running out of friends. You may recall that a few weeks ago Mozilla disabled Flash by default in its Firefox browser due to the discovery of multiple critical vulnerabilities, and around the same time, Facebook's chief security officer urged Adobe to set a kill date for its buggy API. Expect more of those sentiments following a recent week long attack on Yahoo's ad network. Security outfit Malwarebytes discovered the "malvertising" campaign, which kicked off on July 28. It involved hackers purchasing ads across Yahoo's various sites and then injecting them with malicious code. The malware would then seek out vulnerable versions of Flash to deliver payloads and ultimately... Read more...
If you don't pay close attention, you may end up switching your default search engine without realizing it. That's the whole idea, really. During Yahoo's annual shareholder meeting on Wednesday, company boss Marissa Mayer talked about how search was in Yahoo's DNA and always will be. More importantly, she announced a three-year partnership with Oracle aimed at getting more users to try Yahoo's search engine. As part of the partnership, Yahoo will be the default search provider for Oracle's Java software. What this means is when you install or update Java, the software will ask permission to change your browser's default search engine and homepage to Yahoo. The option to change both will be selected... Read more...
Not too long ago, there were some serious doubts as to whether Microsoft and Yahoo would be able to ink a deal to continue there search partnership. However, those fears were unwarranted, as the two companies today announced that they have forged a new agreement the will still see Microsoft’s Bing engine power Yahoo search. There are of course a few changes compared to the original search deal that was put in place back in 2009. This time around, the search partnership is non-exclusive for both desktop and mobile search. So while Yahoo will still be using Bing technology to power the majority of its searches, it still has the flexibility to tailor the search experience for its customers.Yahoo... Read more...
We all know that many users have the same, weak password for most of his or her accounts. Plenty of password services have popped up to help us maintain strong, unique passwords, but not everyone is onboard with these programs. Now Yahoo is taking a stab at helping Joe Q. Public with his password problem with “on-demand passwords” and is touting an upcoming end-to-end (e2e) encryption plugin for Yahoo Mail.  The new feature sends a text message to your phone with a unique, strong password whenever you log into your Yahoo account. The idea is that, so long as you have your phone, you don’t have to bother trying to remember your password, and you won’t be using the same password you used... Read more...
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