Yahoo set to confirm massive data breach


Yahoo Inc will confirm this week a massive data breach of its service, technology news website Recode reported yesterday, citing several sources close to the situation. The breach exposed several hundred million user accounts, Recode reported. Verizon Communications Inc bought Yahoo's core internet properties, including Yahoo search and Yahoo mail, for $4.83 billion in July. Yahoo could not be immediately reached for comment.

Meanwhile, Google faces a bill of over $400 million in Indonesia if authorities find it avoided taxes last year, an official said, as Jakarta began a probe into the U.S. tech giant. Indonesia last week announced it was launching an investigation into Google, alleging that the company had refused to cooperate with tax officials.