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The Wall Street Journal: Yahoo blames execs for data breach; no bonus for Mayer

Yahoo Inc. said on Wednesday its senior executives failed to “properly comprehend or investigate” a 2014 security breach that affected more than 500 million accounts, according to a review by its board.

The review found fault at several levels. There was a breakdown in internal reporting, management, communication around the breach, the company said. Yahoo’s lawyers also took some of the blame for not sufficiently investigating.

Verizon Trims Yahoo Value After Data Breaches

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Verizon and Yahoo agreed to cut the price of Yahoo’s core internet businesses as a result of a series of data breaches. WSJ’s Ryan Knutson has exclusive details from the talks between the companies on Lunch Break with Tanya Rivero.

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