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Verizon is demanding for a $1 billion discount on Yahoo!

Yahoo is reportedly considering selling its core internet business, which includes Yahoo Mail. Image Credit: m247

SUNNYVALE, CA - JULY 17: The Yahoo logo is displayed in front of the Yahoo headqarters on July 17, 2012 in Sunnyvale, California. Yahoo will report Q2 earnings one day after former Google executive Marissa Mayer was named as the new CEO. Photo by Justin Sullivan/Getty Images)

Looks like Yahoo’s problems are far from over!

After reports of them scanning users’ emails, a new report indicates that the bad news concerning the company have led to Verizon pushing to reduce the acquisition price by $1 billion.

The sources say that Verizon is really upset about the lack of disclosure and are apparently asking if they can get out of this or get a price reduction.

Over the past few days, Yahoo has been involved in two scandals, one of which involves hackers illegally accessing 500 million account,  and of U.S. intelligence agencies secretly scanning customer emails, especially years after the Snowden revelations.

However, the suggestion by Verizon has been met by resistance from Yahoo, which claimed “a deal is a deal” and that there’s no legal recourse to change the terms.

There is no official statement from Yahoo or Verizon as of yet.

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