Bloomberg Law
Oct. 18, 2016, 8:46 PM UTC

Verizon Is Said to Be Antsy Over Lack of Clarity in Yahoo Breach

Bloomberg Media

By Scott Moritz, Bloomberg News

Verizon Communications Inc. is losing patience with Yahoo! Inc.

While the New York-based phone giant remains interested in the web properties it agreed in July to buy for $4.83 billion, the lack of progress on Yahoo’s investigation into the 2014 theft of user information has caused some misgivings internally about the deal, according to a person familiar with the situation.

It has been nearly a month since Yahoo said the personal information of 500 million users — e-mail addresses, phone numbers, encrypted passwords and security questions — werestolenin a hack. Verizon has said it ...

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