Verizon Said to Look at Scrapping Yahoo Deal on Hacking

The transcript discusses Verizon's attempt to acquire Yahoo while avoiding liability for a major hacking incident. The hack has affected Yahoo's brand value and user loyalty, prompting Verizon to seek a price reduction. The integration of Yahoo's assets and user base into Verizon's media empire is crucial, but legal and financial challenges persist. Security concerns are highlighted as a significant issue for Yahoo and the broader tech industry.

In what ways might customer loyalty be affected by the hacking news?

What challenges does Yahoo face in terms of security and operational expenses following the hacks?