Yahoo confirms state-sponsored attacker stole personal data of “at least” 500 million users

As indicated by an earlier report, Yahoo today confirmed it’s working with law enforcement to investigate a data breach which affected the account information of “at least” 500 million users. The company says that the user account information was stolen from its network in late 2014 by what it now believes to be a state-sponsored actor. The stolen information includes people’s names, email addresses, telephone numbers, birth dates, passwords (most hashed with bcrypt), and, in some cases, encrypted or unencrypted responses to security questions and answers.

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Yahoo launches a TV watching site, Yahoo View, in partnership with Hulu

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Yahoo this morning is making a play for cord cutters with the launch of a new TV watching site called Yahoo View, featuring Hulu’s free content. The site will now become one of the only ways to watch Hulu’s TV shows and movies for free, as the company is planning to wind down its free version in favor of its subscription services – a plan that was already in the works ahead of the Yahoo partnership, Hulu says.

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Verizon’s purchase of Yahoo, explained

One of the most important companies of the first dot-com boom, Yahoo, has reached the end of its life as an independent company. Yahoo’s board approved the sale of Yahoo’s core business to Verizon in a deal valued at $4.8 billion. The company’s shareholders and regulators must still approve the deal — the companies expect it to close in early 2017.

The deal represents a stunning decline for a company that was valued at more than $100 billion at its 2000 peak. Yahoo was never really able to adapt its technology and culture for a post-2000 internet that was focused on social media and mobile devices, and so it steadily fell behind rivals such as Google and Facebook.

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