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Yahoo Acknowledges 500 Million Accounts Breached

Technology and media company Yahoo has confirmed that a major set of data was stolen from within the company's network in 2014. The data includes personal information of at least 500 million users.

An internal investigation conducted by Yahoo Inc. confirmed that a major data leak was performed by what the company called a "state-sponsored actor."

Yahoo quarterly profit slides but revenue up

Yahoo reported April 21 a 93 percent slide in quarterly profit from a year ago, while revenues rose modestly in disappointing quarterly results for the struggling Internet pioneer.

Net profit for the first quarter tumbled to $21.1 million from $312 million in the same period last year, amid what chief executive Marissa Mayer called "encouraging revenue growth" of eight percent.

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