Verizon getting cold feet about Yahoo
 

Telco Verizon, which was thinking about buying the troubled search engine outfit Yahoo, is getting cold feet.

The deal was all set to go through and then Yahoo was hit by a couple of security scandals including a suppressed data leak which stripped value from the company.

Marni Walden, president of product innovation and new businesses, who is a senior executive of Verizon said that she could not sit “sit here today and say with confidence one way or another because we still don’t know.”

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