After refusing to hand over subscribers' communications, the NSA threatened to levy unprecedented fines against Yahoo. Just how much money are we talking about? After enough time, literally all of it.
Article by Dell Cameron for the Daily Dot
Last week, we learned from the New York Times that in order to acquire the Internet communications of Yahoo’s customers, the U.S. government was willing to impose a $250,000 per day fine for the company’s noncompliance.
New details brought to light by the the attorneys involved in the 2008 legal action, however, reveal the situation to be much worse. The financial consequences Yahoo faced for standing up to the National Security Agency (NSA) were nothing less than a loaded gun at the side of its head.
“Imagine a well-known, publicly traded company suddenly ceased operating, and the CEO couldn’t explain why,” an article on Yahoo! Finance read Tuesday morning. “Picture shareholders losing everything, with zero warning.” According to a recently unsealed motion filed by attorneys representing the U.S. spy agency, that scenario almost certainly describes Yahoo’s fate, had they not agreed to follow the government’s orders precisely.
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