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mhhf1ve
mhhf1ve
12/15/2016 8:57:20 PM
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Platinum
Fishy things still...
The thing that bothers me about the Yahoo email attacks is that Yahoo hasn't said much at all about what its users should do at this point. Sure, change your password. But if Yahoo wasn't in "we're just here until we get this deal to go through" mode, I'd expect much different behavior.

For example, if Gmail had discovered a similar attack, do you think Google would just tell everyone: "Hey, change your passwords. Yup. Nothing much else, tho. Just keep doing what you're doing."????

If Yahoo was still "in business" for itself, I'd expect a grand press release and campaign about how to protect yourself from phishing attacks and a new initiative to put an end to weak passwords, etc, etc.. But the silence from Yahoo is very telling....

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mhhf1ve
mhhf1ve
12/15/2016 8:52:31 PM
User Rank
Platinum
Re: Yahoo!
> "prediction: The deal with go through."

I agree that this deal will likely go through as well, but perhaps at a lower price than originally negotiated. However, the main assets that Verizon is acquiring is the ad tech and eyeballs to Yahoo.com, not email. Verizon could very well say on the day the deal closes that Yahoo email is finished and everyone with a Yahoo email address will be forwarded to an AOL email account. I suspect the security of Yahoo vs AOL email is about the same, and users won't notice much of a difference in any case.

 

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DHagar
DHagar
12/15/2016 7:22:06 PM
User Rank
Platinum
Re: Verizon's Cold Feet
@Joe, thanks for update - and great assessment.  I would fully agree it is a "bargaining chip" - but a powerful one at that. 

I share your expectation that it will go through - there is value to both parties - but I do think it will have a final "reduced" price - not necessarily a fire sale, but Verizon will be successful in reducing the cost to add value for their shareholders - they are in a good position to accomplish that.

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Joe Stanganelli
Joe Stanganelli
12/15/2016 6:25:04 PM
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Author
Re: Verizon's Cold Feet
@DHagar: The Bloomberg breaking story seems to be based entirely on an anonymous source with inside information on the Verizon end of things but without much in the way of Yahoo stuff to offer.

Meanwhile, Yahoo told CNBC merely: "We are confident in Yahoo's value and we continue to work towards integration with Verizon."  (link)

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Joe Stanganelli
Joe Stanganelli
12/15/2016 6:17:25 PM
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Author
Yahoo!
My prediction: The deal with go through.  This is the lawyers dickering with each other as VZ tries to get a better bargain.  I suspect VZ cares more about the tech and user bases -- although this latest breach certainly potentially adds a lot to the liabilities column, so VZ is right to revisit the bargaining table.

At the end of the day, VZ bargained to buy Yahoo--not Microsoft.  The security is going to be lacking compared to other large Silicon Valley tech companies.

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DHagar
DHagar
12/15/2016 4:46:30 PM
User Rank
Platinum
Re: Verizon's Cold Feet
@Mike incredible!  This truly is a 1-2 punch.  There is no way that Yahoo's value could remain the same as when they entered into this deal.  Verizon would actually now be negligent if it did not negotiate a lower price - as well as preserve their assets against the certain lawsuits.

Any statements from Yahoo reported?

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