The data breach of Yahoo in 2014 has made headlines yet again, but this time for a different reason.
Due to:
“Certain senior executives did not properly comprehend or investigate” the hacks, the independent committee investigating the breach has determined, the company said in a regulatory filing.
And the fact that:
In addition, Yahoo’s legal team, with sufficient info on the hack in hand, “did not sufficiently pursue it,” the committee found.
The board has decided to strip Marissa Mayer (Yahoo's CEO) of her 2016 bonus. Marissa decided to give up an equity award for 2017, and she has expressed the desire that her bonus be redistributed to Yahoo's employees.
Source: Yahoo CEO loses bonus
Is this Yahoo's way of using Marissa as a scapegoat to finally put this data breach in the past?
I am wondering how she still has a job.
I am wondering how she ever got a job.
Probably keeping her around as to minimize negative news surrounding Yahoo. This so that the acquisition deal by Verizon can progress smoothly.
Probably just keeping her around until the sale finalizes?
I have to admit I completely forgot about that!
i'm wondering how yahoo is still relevant
Could just be because of their stake in Alibaba and Yahoo Japan. They're slowly selling off assets, and the minority interest in Alibaba is likely to be a big news.
I've used their e-mail for 10 years at least. I'm too afraid to switch at this point given that all my registrations are under that email.
http://www.nasdaq.com/symbol/yhoo/stock-chart?intraday=off&timeframe=5y…</a">This might have something to do with it.
from owner's perspective: impossible to replace CEO at this point especially with sale announced. no CEO worth his/her salt with take a position if board fires her. organization however small or big, cannot operate without leadership at the helm so this is the only reason why she is around
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