Half a billion Yahoo accounts were hacked in 2014 by a "state-sponsored actor" that resulted in users' information being stolen, the company revealed Thursday. A statement from the Sunnyvale, Calif.-based internet player did not say which country the hacker hailed from.
Yahoo said it's collaborating with law enforcement officials to work on the case, and it recommended users review their accounts for unusual activity and suspicious emails.
When it comes to business, the development begs the question: Does Verizon Communications now have buyer's remorse? The telecom giant is on the verge of purchasing Yahoo for $4.8 billion.
Verizon issued the following statement on the matter: "Within the last two days, we were notified of Yahoo's security incident. We understand that Yahoo is conducting an active investigation of this matter, but we otherwise have limited information and understanding of the impact. We will evaluate as the investigation continues through the lens of overall Verizon interests, including consumers, customers, shareholders and related communities. Until then, we are not in position to further comment."