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Altaba Must Reserve $800M For Canadian Data Breach Claims

By Rose Krebs ( October 19, 2020, 6:27 PM EDT) -- A Delaware vice chancellor ruled Monday that former Yahoo owner Altaba must set aside roughly $800 million to cover potential liability for data breach claims asserted in Canadian lawsuits before it can distribute roughly $5.6 billion to stockholders as part of its $40 billion wind-down plan....

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