- Reuters•7 hours ago
Democratic Senator Mark Warner on Monday asked the U.S. Securities and Exchange Commission to investigate whether Yahoo and its senior executives fulfilled obligations to inform investors and the public about a hacking attack affecting 500 million user accounts. "Disclosure is the foundation of federal securities laws, and public companies are required to disclose material events that shareholders should know about," Warner said in a letter to SEC Chairwoman Mary Jo White. Yahoo has faced pointed questions about exactly when it knew about the 2014 cyber attack announced last week that exposed the email credentials of half a billion accounts, a critical issue for the company as it seeks to prevent the breach from affecting a pending takeover of its core business by Verizon Inc.
- American City Business Journals•8 hours ago
U.S. Senator Mark Warner, who was a co-founder of Nextel and a startup investor, on Monday asked the Securities and Exchange Commission to look into whether Yahoo improperly withheld what it knew about a massive security breach that affected 500 million user accounts. “The public ought to know what senior executives at Yahoo knew of the breach, and when they knew it,” Warner, a Democratic Senator from Virginia, wrote in his letter to SEC chairwoman Mary Jo White. Sunnyvale-based Yahoo (YHOO) last week said it believes "a state-sponsored actor" was behind the 2014 hack.
- TheStreet.com•9 hours ago
A massive data breach impacting over 500 million Yahoo users may cause company customers to be lost forever.
Yahoo! Inc. (YHOO)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||42.22 x 100|
|Ask||43.00 x 100|
|Day's Range||41.85 - 42.74|
|52wk Range||26.15 - 44.92|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-8.16|
|Avg Vol (3m)||12,081,148|
|Dividend & Yield||N/A (N/A)|