Rising home prices and conservative borrowing have today's homeowners sitting on a record amount of potential cash. Today's mortgage holders saw their home equity increase by...Real Estateread more
Stocks have been grinding sideways, but technical analysts say once they breakout, the move to the upside could be powerful.Market Insiderread more
SpaceX is deep into development of its Starship rocket, with recent updates from CEO Elon Musk showing the first one under construction.Investing in Spaceread more
The new wireless earbuds, codenamed "Puget," are expected to come with an accelerometer and be able to monitor things like the distance run, calories burned, and pace of...Technologyread more
The Mac Pro is the only major Apple computer to be assembled in the United States. Most of Apple's products, including the iPhone, are assembled in China and are facing tariff...Technologyread more
SoftBank wants to push Neumann out of the CEO role ahead of the IPO.Technologyread more
Toys R Us' bankruptcy caused a 7% surge in sales for the toy industry during the first half of 2018 as parents stocked up, then sales fell 2% as manufacturers experienced...Retailread more
After an unexpected loss of subscribers and increased competition in the streaming war, shares of Netflix erased all of its 46% gain for the year at its peak and officially...Marketsread more
The UK's Civil Aviation Authority said Thomas Cook had now ceased trading and the regulator would work with the government to bring the more than 150,000 British customers...Europe Marketsread more
"Apple is not only going to make money on their own service they're also going to make money selling everybody else's services, and so will Amazon," consultant Michael J. Wolf...Tech Driversread more
CNBC's Jim Cramer calls on investors to be wary of the slew of hyped-up unicorn companies going public this year and encourages the focus to be on deliverable earnings.Investingread more
Yahoo CEO Marissa Mayer has known that Yahoo was investigating a serious data breach since July, but withheld the information from investors, regulators and acquirer Verizon until this week, according to Financial Times reporters.
"Marissa was aware absolutely — she was aware and involved when Peace surfaced this allegation in July," the FT reports, citing a person briefed on Yahoo's internal discussions.
"[She] was part of the investigation and conversation from the very beginning and along with the team every step of the evidentiary gatherin and analysis process. In fact, the key executive team has been engaged from the very beginning."
If that allegation proves to be true, Yahoo could find itself drawing the attention of the SEC, experts told the FT.
Chatter about the breach started bubbling up on the dark web in late July and early August, with people asking for anyone who had purchased the database to share it with them, Alex Heid, chief research officer at cybersecurity firm Security Scorecard, told CNBC. Cybersecurity researchers are not always required to report such findings to the victims or law enforcement, but often do so.
On Thursday, Yahoo's confirmation of a 2014 breach resulting in the theft of more than 500 million user accounts — the largest hack in history — left a lot of questions unanswered. Yahoo has yet to formally acknowledge when it learned of the breach, which remains the biggest unanswered question to industry insiders.
"This is an important detail in the story," Jeremiah Grossman a former Yahoo infosecurity officer, now at SentinelOne, told CNBC in an email.
"Additionally, there are questions to be answered around Yahoo's claim that this was a state-sponsored hacker," he said.
State-sponsored hackers do not typically publicly share stolen data or sell it, as the hacker who has claimed responsibility for the breach has been doing raising the possibility that we are looking at two different Yahoo breaches with two different hacking groups in their system, he said.
Yahoo issued this statement: "As we disclosed yesterday, a recent investigation by Yahoo has confirmed that a copy of certain user account information was stolen from our systems in late 2014 by what we believe is a state-sponsored actor. Our investigation into this matter is ongoing and the issues are complex. Some things, however, are clear: Yahoo has never had reason to believe there is any connection between the security issue disclosed yesterday and the claims publicized by a hacker in August 2016. Conflating the two events is inaccurate."