It seems that data breach disclosures is costing Yahoo equity in the form of Verizon dropping it's acquisition price by $350M.
Fair, given that Verizon has agreed to pay part of damages that may arise from those data breaches. They also assume half the cost of non-SEC government investigations as well as third-party lawsuits.
What was once a really bad opinion of this acquisition in my mind has become a "save" for the company which opted for a trophy chief executive instead of sound leadership ...
And I'll be shutting my mouth regarding Verizon's take over in light of these developments.
It's a difficult matter to take on a losing proposition of this magnitude and try to work with it.
It seems that the billion users and 600 million mobile users remain attractive to the mobile telephony giant so more power to them.