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  • Yahoo and parent Oath remove Canada-specific clause from terms of use
    The Canadian Press20 days ago

    Yahoo and parent Oath remove Canada-specific clause from terms of use

    Yahoo's parent company has dropped a controversial new term of service that would have required its Canadian users to share data from their friends and contacts, including phone numbers, with the U.S.-based multinational group. The Office of the Privacy Commissioner confirmed Tuesday that the company known as Oath, which owns Yahoo, Tumblr, AOL, Huffington Post and other businesses, had agreed to remove the clause following complaints. People who used the Yahoo email service provided with their Rogers accounts were among the first to complain about the clause, which was within Oath's recently revised terms of service.

  • Yahoo and parent Oath remove Canada-specific clause from terms of use
    The Canadian Press20 days ago

    Yahoo and parent Oath remove Canada-specific clause from terms of use

    Yahoo's parent company has dropped a controversial new term of service that would have required its Canadian users to share data from their friends and contacts, including phone numbers, with the U.S.-based multinational group. The Office of the Privacy Commissioner confirmed Tuesday that the company known as Oath, which owns Yahoo, Tumblr, AOL, Huffington Post and other businesses, had agreed to remove the clause following complaints. People who used the Yahoo email service provided with their Rogers accounts were among the first to complain about the clause, which was within Oath's recently revised terms of service.

  • Ex-Yahoo paying $35M to settle SEC charges over 2014 hack
    The Canadian Press27 days ago

    Ex-Yahoo paying $35M to settle SEC charges over 2014 hack

    The company formerly known as Yahoo is paying a $35 million fine to resolve federal regulators' charges that the online pioneer deceived investors by failing to disclose one of the biggest data breaches in internet history. The Securities and Exchange Commission announced the action Tuesday against the company, which is now called Altaba after its email and other digital services were sold to Verizon Communications for $4.48 billion last year. Yahoo, which is no longer publicly traded, neither admitted nor denied the allegations but did agree to refrain from further violations of securities laws.

  • Ex-Yahoo paying $35M to settle SEC charges over 2014 hack
    The Canadian Press27 days ago

    Ex-Yahoo paying $35M to settle SEC charges over 2014 hack

    The company formerly known as Yahoo is paying a $35 million fine to resolve federal regulators' charges that the online pioneer deceived investors by failing to disclose one of the biggest data breaches in internet history. The Securities and Exchange Commission announced the action Tuesday against the company, which is now called Altaba after its email and other digital services were sold to Verizon Communications for $4.48 billion last year. Yahoo, which is no longer publicly traded, neither admitted nor denied the allegations but did agree to refrain from further violations of securities laws.

  • The Canadian Press27 days ago

    The Latest: Ex-Yahoo settles SEC charges over 2014 hack

    Prosecutors say two Russian intelligence agents, Dmitry Dokuchaev and Igor Sushchin, used information they stole from Yahoo to spy on Russian journalists, U.S. and Russian government officials and employees of financial services and other private businesses. A U.S. judge in San Francisco on Tuesday, meanwhile, pushed back a sentencing hearing for a 23-year-old Canadian man, Karim Baratov, who prosecutors say was hired by Dokuchaev to breach at least 80 email accounts obtained from the massive Yahoo hack. Judge Vince Chhabria questioned whether the sentence of seven years and 10 months that prosecutors were seeking for Baratov was longer than what other hackers had received for similar crimes.

  • The Canadian Press27 days ago

    The Latest: Ex-Yahoo settles SEC charges over 2014 hack

    Prosecutors say two Russian intelligence agents, Dmitry Dokuchaev and Igor Sushchin, used information they stole from Yahoo to spy on Russian journalists, U.S. and Russian government officials and employees of financial services and other private businesses. A U.S. judge in San Francisco on Tuesday, meanwhile, pushed back a sentencing hearing for a 23-year-old Canadian man, Karim Baratov, who prosecutors say was hired by Dokuchaev to breach at least 80 email accounts obtained from the massive Yahoo hack.

  • Reuters28 days ago

    U.S. regulator fines Altaba $35 million over 2014 Yahoo email hack

    WASHINGTON/SAN FRANCISCO (Reuters) - U.S. regulators fined Altaba Inc, the company formerly known as Yahoo! Inc, $35 million on Tuesday to settle charges that kept its massive 2014 cyber security breach a secret from investors for more than two years. The Securities and Exchange Commission's case marks the first time it has gone after a company for failing to disclose a cyber security breach. Yahoo's information security team learned just days after the December 2014 breach that Russian hackers had stolen the company's "crown jewels," including email addresses, encrypted passwords and security questions, the SEC said in a statement.

  • How Altaba, Inc. Shares Rose 81% in 2017
    Motley Fool4 months ago

    How Altaba, Inc. Shares Rose 81% in 2017

    This alternative to simply owning Alibaba skyrocketed last year as the Chinese e-commerce titan's stock doubled in value.

  • What Is Altaba Inc. Up To?
    Motley Fool6 months ago

    What Is Altaba Inc. Up To?

    The hyper-focused investment firm's top holding is soaring in 2017.