Shares of Yahoo! Inc. (NASDAQ:YHOO) ended Friday session in red amid volatile trading. The shares closed down -1.35 points or -3.06% at $42.80 with 31,888,521 shares getting traded. Post opening the session at $43.50, the shares hit an intraday low of $42.54 and an intraday high of $43.76 and the price vacillated in this range throughout the day. The company has a market cap of $39.49 billion and the numbers of outstanding shares have been calculated to be 951.78 million shares.
On September 22, 2016 A recent investigation by Yahoo! Inc. (YHOO) has confirmed that a copy of certain user account information was stolen from the company’s network in late 2014 by what it believes is a state-sponsored actor. The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. The ongoing investigation suggests that stolen information did not include unprotected passwords, payment card data, or bank account information; payment card data and bank account information are not stored in the system that the investigation has found to be affected. Based on the ongoing investigation, Yahoo believes that information associated with at least 500 million user accounts was stolen and the investigation has found no evidence that the state-sponsored actor is currently in Yahoo’s network. Yahoo is working closely with law enforcement on this matter.
Yahoo is notifying potentially affected users and has taken steps to secure their accounts. These steps include invalidating unencrypted security questions and answers so that they cannot be used to access an account and asking potentially affected users to change their passwords. Yahoo is also recommending that users who haven’t changed their passwords since 2014 do so.
Yahoo encourages users to review their online accounts for suspicious activity and to change their password and security questions and answers for any other accounts on which they use the same or similar information used for their Yahoo account. The company further recommends that users avoid clicking on links or downloading attachments from suspicious emails and that they be cautious of unsolicited communications that ask for personal information. Additionally, Yahoo asks users to consider using Yahoo Account Key, a simple authentication tool that eliminates the need to use a password altogether.
Shares of Facebook Inc (NASDAQ:FB) ended Friday session in red amid volatile trading. The shares closed down -2.12 points or -1.63% at $127.96 with 28,326,266 shares getting traded. Post opening the session at $127.56, the shares hit an intraday low of $127.30 and an intraday high of $128.60 and the price vacillated in this range throughout the day. The company has a market cap of $361.47 billion and the numbers of outstanding shares have been calculated to be 2.32 billion shares.
Facebook Inc (FB) operates as a mobile application and Website that facilitates people to connect, share, discover, and communicate each other on mobile devices and personal computers worldwide. Its solutions also include Instagram, a mobile application that facilitates people to take photos or videos, customize them with filter effects, and share them with friends and followers in a photo feed or send them directly to friends; Messenger, a messaging application for mobile and Web on various platforms and devices, which facilitate people to reach others instantly, in addition to facilitate businesses to engage with customers; and WhatsApp Messenger, a mobile messaging application. The company also develops Oculus virtual reality technology and content platform, which allow people to enter an immersive and interactive environment to play games, consume content, and connect with others.