【Cat 3 movies】

Verizon is Cat 3 moviesstill going to buy Yahoo despite the revelation of massive security breaches within the company.

Yahoo isn't getting off scot-free. The new deal will be $350 million lighter than the original, according to a press release issued on Tuesday by Yahoo. In other words, Verizon was able to knock off 7 percent from the original deal price.

Investors had clearly been braced for a bigger hit to Yahoo. News that the deal would still go through began to emerge last week, when Bloombergreported that Verizon had renegotiated $250 million off the deal price.

That sent shares in Yahoo sharply higher.

Original image has been replaced. Credit: Mashable

Jan Dawson, analyst at Jackdaw Research, noted that the new deal shows that there's little expectation of the data breaches having much of an impact on the company in the future.

Mashable Light Speed Want more out-of-this world tech, space and science stories? Sign up for Mashable's weekly Light Speed newsletter. By clicking Sign Me Up, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy. Thanks for signing up!

"The $350 million discount is not actually all that significant, which likely reflects the fact that security breaches like this don’t end uphaving all that much long-term impact on customer satisfaction or usage," he wrote on Tech Narratives.

Verizon agreed to acquire Yahoo's core business in July 2016 for $4.83 billion, a move that marked the end of Yahoo's long run as one of the premiere independent internet companies.

"We continue to be very excited to join forces with Verizon and AOL. This transaction will accelerate Yahoo's operating business especially on mobile, while effectively separating our Asian asset equity stakes," Yahoo CEO Marissa Mayer said in a press release. "It is an important step to unlock shareholder value for Yahoo, and we can now move forward with confidence and certainty. We have a terrific, loyal, experienced team at Yahoo. I'm incredibly proud of our team's strong product and financial execution in 2016, setting the stage for a successful integration."

Not long after, news emerged that Yahoo had been the subject of two separate, massive security breaches that included the theft of account information for 1 billion users.

The revelation led to Verizon openly stating that it was looking into whether the revelation of the breaches — which Verizon apparently did not know about at the time of the deal — would affect the value of Yahoo.

Dawson added that he remains skeptical that Verizon will have much success in integrating Yahoo alongside its other digital properties (AOL, namely) in an effort to compete for online advertising.

"Ironically, now the big question once again becomes whether Verizon can actually craft something compelling out of these various bits of yesteryear’s Internet. Verizon is said to be aiming to go head to head with Google and Facebook, which is a real stretch when it comes to well-targeted advertising, and I’m still very skeptical that these assets combined can ever be more than a second tier player in the online advertising market," Dawson wrote.

---

Featured Video For You

---

This flying motorcycle is straight out of Star Wars

---

Topics Verizon Yahoo

• Shopping
• Social Good
• Entertainment
• Science
• Deals
• Tech
• Life
• Digital Culture

• NYT Connections hints and answers for May 2: Tips to solve 'Connections' #691.
• Making of a Poem: Nora Fulton on “La Comédie
• Cruising at the LA Fitness by Danez Smith
• Making of a Poem: Emily Osborne on “Cruel Loss of Sons” by Emily Osborne
• Best robot vacuum deal: Get the Shark Matrix Plus 2
• I Killed Wolf’s by Todd McEwen
• Dyson Airstrait deal: $100 off for Best Buy Plus & Total members
• Apple approved a fake 'LastPass Password Manager' app for the App Store
• Today's Hurdle hints and answers for April 1, 2025
• MashTalk: Samsung's Galaxy S8 is here, but does it live up to all the hype?

• Best Garmin deals: Get 25% off Garmin Forerunner 745 plus more great deals
• Beyond ChatGPT by Jonathan Thirkield
• The Restaurant Review, Summer 2023 by The Paris Review
• China's live streaming factories are bleak. Now TikTok wants to open one in the U.S.
• How 21 kids could keep climate websites from going completely dark
• The Final Dead Shows: Part Two by Sophie Haigney
• Does Lana Del Rey Read The Paris Review? by Sophie Haigney
• Searching for Tom Cruise by Jane Hu
• The Final Dead Shows: Part One by Sophie Haigney
• @ErasTourUpdates: Taylor Swift in Philadelphia by Jake Nevins

• NYT Strands hints, answers for May 18
• Wordle today: The answer and hints for February 9
• Air fryer Super Bowl recipes: Wings, pigs in a blanket, fries, and more
• Windows and Doors by Laurie Stone
• Best travel deal: Score the Frontier Go Wild! summer pass for just $399
• How Do You Write an Opera Based on Moby
• Love, Beyond Recognition by Benjamin Ehrlich
• My Cat Mii by Mayumi Inaba
• Get Rid of Windows 10 Ads, Office Offers and Other Annoyances
• Six Handbags by Simon Wu

• Samsung Unpacked stream is set for May 12, 2025
• New Theater, New York, January 2025 by Rhoda Feng
• NYT's The Mini crossword answers for February 8
• New Theater, New York, January 2025 by Rhoda Feng
• NYT Strands hints, answers for May 18
• Prof. Dr. A. I. in Conversation with Tadeusz Dąbrowski by Piotr Czerski
• Running Diaries by Kim Beil
• Best Buy Drop of the day: Move quickly and snag the Shark FlexStyle for $249.99
• FreeSync 2 Explained
• The Best Books of 2024, According to Friends of the Review: Part One by The Paris Review