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Yahoo Offers $117.5M Settlement in Data Breach Lawsuit

Yahoo is offering to cough up $117.5 million to settle a lawsuit regarding its massive data breaches that compromised the personal information of three billion users.

The new $117.5 million settlement, filed Tuesday in the U.S. District Court in San Jose, comes after the internet company’s first settlement proposal of $50 million was rejected in January. The lawsuit comes on the heels of massive breaches of Yahoo’s systems between 2013 and 2016.

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