Yahoo revealed it suffered the largest hack in history, with hitting 3 billion accounts on the website . Yahoo had bumped its estimate of affected accounts from a previous 1B to all of them (3B in total). At the data breach hearing, which also featured the current and former CEOs of Equifax, Mayer was pressed on why it took so long to disclose the breach and how it could have underestimated the impact by billions of accounts.
He added that the company doesn't want "these individuals or groups to buy our pizza". I'm not just saying this to fall on the right side of history, as I have yet to meet a single person who has said , "Yes". The Daily Stormer , the site that couldn't find a domain host after celebrating the Charlottesville killing, celebrated CEO John Schnatter's seemingly racist finger-pointing in a story last Thursday that features a pie with a pepperoni swastika.
Financial terms were not disclosed. The merger would have resulted in a telecom with more than 130 million U.S. subscribers; for context, AT&T has 137 million subscribers and Verizon has 147 million. Altice was previously known as Cablevision. Cable operators may see bundling mobile service with cable and internet offerings as a way to reduce customer churn as they continue to lose pay-TV subscribers to cheaper alternatives such as over-the-top services.
Hidden Valley has unveiled a metal keg that contains 5 liters of ranch dressing - a coma-inducing quantity that's getting billed as a "year supply". If the keg doesn't fit your style, they also offer a Hidden Valley ranch fountain with a holiday skirt for $110, an ugly Christmas sweater for $40 and a pair of ranch-themed socks for $12.
British utility SSE and German rival Innogy are in talks about merging their United Kingdom retail energy businesses to create a company that would challenge British Gas as the country's largest power supplier. Any combined business would be listed and SSE would demerge its shares to its shareholders. A possible deal between SSE and Innogy comes as the so-called big six energy suppliers in the United Kingdom lose customers at a growing pace to smaller suppliers.
The company raised its full year dividend 12% to 41.0 pence, up from 36.75p the prior year. Mr Miah said that unlike other retailers, Primark had not seen any impact of the pressures faced by the United Kingdom consumer on its real income and trading in the most recent trading period is encouraging.