Yahoo acquisition deal

Verizon wants $1 Billion discount on Yahoo acquisition deal after recent scandals

Verizon, which has agreed to purchase Yahoo for $4.8 Billion, is now asking for a $1 Billion discount, according to recent reports.

The request comes after Verizon Communications learned about the recent disclosures about hacking and spying in past few weeks.

Just two weeks ago, Yahoo revealed that at least a half Billion Yahoo accounts were stolen in 2014 hack, marking it as the biggest data breach in history.