Verizon will pay about $4.48 billion for Yahoo’s operating business, and the two companies will share any potential legal and regulatory liabilities arising from two major data breaches announced in late 2016. The companies announced the amended terms of the deal Tuesday.
Aiming to boost its consumer security business, Symantec is acquiring LifeLock, a vendor of identity protection services, for US$2.3 billion in enterprise value. The deal will create what the two companies described as the world’s largest consumer security business with over $2.3 billion in annual revenue based on last fiscal year revenue for both companies. […]
European officials on Tuesday gave the final stamp of approval to a long-awaited data transfer deal between the U.S. and the European Union, allowing the agreement to go into effect after more than eight months of negotiations. The so-called Privacy Shield is intended to allow thousands of companies — from social media to hospitality — to […]
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