Michael Liedtke
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Yahoo to pay $50 million in damages for massive security breach
Yahoo has agreed to pay $50 million in damages and provide two years of free credit-monitoring services to 200 million people whose email addresses and other personal information were stolen as part of the biggest security breach in history. The restitution hinges on federal court approval of a settlement filed Oct 22 in a 2-year-old lawsuit seeking to hold Yahoo accountable for digital burglaries that occurred in 2013 and 2014, but weren’t disclosed until 2016.
Roku CEO On The State Of Internet Video, TV
A Q&A with Roku CEO Anthony Wood Hastings. If Netflix CEO Reed Hastings is the star of the Internet video-streaming phenomenon, then Roku CEO Anthony Wood is the best supporting actor.
Wood shares his views on the convergence of Internet video and television. “To me, it's pretty clear that all TV is going to be streamed. It's either going to be streamed to a smart TV, a gaming console or a streaming player,” he said. “Where it will end up? I am not sure. I do believe people are watching more TV than ever and they have options.”