Email Hack May Cost Yahoo Its Verizon Wedding Day


Reuters is reporting comments from Verizon’s General Counsel, suggesting that the impact of the Yahoo email hack is so significant it may trigger a clause in the pre-sale agreement allowing Verizon to withdraw from the purchase.

This shouldn’t come as a surprise, the fallout from the news that Yahoo had been hacked has been significant and the business has been bleeding users ever since.

The deal looked pretty shaky from the day it was signed, with the news of email hacks and collusion in government spying on users breaking since the sale was announced I’d suggest that Verizon will be looking at every possible option to cut and run from this particular marriage service.