What’s the cost of two enormous data breaches?

About $300 million if you’re Yahoo and you’re trying to sell yourself to Verizon.

Instead of battling to preserve the deal’s original price after two reports of data breaches, Yahoo has opted to renegotiate, according to a person with knowledge of the matter.

As well as shaving a few hundred million off the $4.8 billion that Verizon was going to pay, the two companies are expected to share legal responsibility and costs for the data breaches.

Asian Conglomerates Scour the U.S.

They are flush with cash and they want investment management.

Be it SoftBank of Japan or HNA Group of China, Asian companies are looking for expertise to help them invest their stockpiles of money and fulfill their ambitions to become financial conglomerates.