Marissa Mayer quits as Verizon finally closes Yahoo deal
15 June, 2017, 01:19 | Author: Celia Hoffman
Oath, headed by AOL's chief executive, Tim Armstrong, will have about 1.3 billion monthly users, and Verizon hopes to use its range of content and new forms of advertising to attract more viewers and marketers as it competes against Google and Facebook. It wound up cutting the price by by $350 million and to split the cost of any legal liabilities resulting from the breaches. It also ends the almost five-year reign of Yahoo CEO Marissa Mayer, who isn't joining Verizon. Verizon has placed him at the helm of a new digital subsidiary, called Oath, that will house Yahoo's brands together with the previously acquired AOL brands.
The suits include complaints tied to computer hacking attacks that stole personal information from more than 1 billion Yahoo user accounts in 2013 and 2014 but weren't disclosed until a year ago. "The combined set of assets across Verizon and Oath, from VR to AI, 5G to IoT, from content partnerships to originals, will create exciting new ways to captivate audiences across the globe".
The Verizon acquisition marks the end of Yahoo as a stand-alon internet company, often regarded as an early internet pioneer and once valued at more than $100 billion.
Ralph Northam wins Democratic nomination for governor
The Virginia race, one of the few elections for governor in 2017, is shaping up to reveal the internal divisions of both parties. A recent Washington Post poll showed Perriello just barely leading and many undecided voters still making up their minds.
Would Putin take a shower next to a gay man?
On the question of the Director Putin said that would not "provoke" a gay man, and would not go with him in the one shower. Yesterday we told how Putin mocked the FBI investigation and peddled a JFK conspiracy theory in a separate interview .
About 2,100 employees in Yahoo! will lose their jobs in the aftermath of this deal.
Verizon and Oath confirmed Mayer's departure in the last paragraph of Tuesday's press release about the deal, ending with: "Verizon wishes Mayer well in her future endeavors".
According to the statement on Verizon's website, Armstrong is spearheading attempts to continue building the "industry's most advanced and open advertising technology solutions" with in-house brands such as ONE by AOL and BrightRoll. "I love Yahoo, and I believe in all of you", officially resigned Tuesday. On June 16, Yahoo will change its name to Altaba, a holding company with a 15% stake in Alibaba and a 36% stake in Yahoo Japan, with Thomas J. McInerney at the helm.
While the axe looms for workers at Oath, the remainder of Yahoo will be renamed Altaba.
Michael Flynn , then - President-elect Donald Trump's nominee for National Security Adviser arrives at Trump Tower in NY . On these issues, as well as further windfalls for the rich, there is little that separates the two big-business parties.
Dashcam video emerged of Mr Kalanick arguing with an Uber driver over the company lowering prices for its black vehicle service. The scope soon expanded to include more than 200 human resources claims and resulted in the firings of more than 20 employees .
His teams finished the season ranked in the Top 10 nine times in a span of 10 seasons en route to 17 consecutive bowl appearances. Stoops took the head coaching job at Oklahoma in 1999. "Right person at the right time", Castiglione said.
They also indicated that she called lawyers specializing in civil litigation before reporting the alleged assault to police. About half an hour later, Constand said, she had trouble talking and difficulty moving and was suffering double vision.
England play Australia in their final group game at Edgbaston on Saturday, knowing they could knock the Aussies out of the event. Besides, Trent Boult (1/56) and Mitchell Santner (1/54) picked up a wicket each for New Zealand .
But Pakistan , the USA report noted, was already the primary market in the Asian-Pacific region for Chinese arms exports. But experts said that figure could not account for all spending due to poor accounting transparency.
However, he said he was skeptical to conclude that "Britons' sovereign decision on Brexit has been cast into doubt in any way". The 1998 Good Friday agreement set up power sharing in Northern Ireland, largely ending years of sectarian violence.
The price of oil tumbled Wednesday in the wake of a report that revealed a surprise build-up in USA crude supplies last week. OPEC and other producers including Russian Federation have pledged to cut output by about 1.8 million barrels per day (bpd).
No civilians were reported killed in the USA drone attack, and the Pentagon described the operation as a success. Eastern Daylight Time, the Department of Defense conducted a strike operation against al-Shabaab in Somalia.
Nintendo have announced that Metroid: Samus Returns will coming to Nintendo's 3DS family of systems on the 15th September. Nintendo's E3 2017 online press conference has announced that Metroid Prime 4 is now in development for Nintendo Switch .
Apple unleashed a slew of new products, software, and updates at its annual Worldwide Developer Conference, or WWDC , on Monday. The entire speaker system is powered by Apple A8, the same chipset that is present under the hood of iPhone 6.
Rodman's N. Korea Trip off to Uncharacteristic Low-Key Start
Tillerson consulted with Trump and arrangements were made for Yun and a medical team to travel to Pyongyang, the official said . A 2009 visit by former President Bill Clinton, a Democrat, secured the freedom of American journalists Euna Lee and Laura Ling.
Apple Takes On Distracted Driving With New Feature
With ProMotion, Apple Pencil is more responsive with a 20-millisecond latency for more fluid and natural drawing. One caveat ... it appears you can only send money via iMessages to friends or family who own an Apple device.
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Other than that, if the iPhone's system detects the car's moving speed using the Wi-Fi antenna, the feature will be switched on. The new "Do Not Disturb" feature will come to the iPhone when iOS 11 arrives this fall, but it can be disabled if users prefer.
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The only way to interact with HomePod directly is to use Siri. "There's a lot of things that Siri knows how to do from the phone". On the other hand, Google Home works with Chromecast-compatible speakers, while the Echos will soon work with Sonos speakers .
Liverpool firm favourites to land Van Dijk
Besides him, the Reds are also trying to secure AS Roma's pacy winger Mohamed Salah, with talks reaching a standstill. If Van Dijk is indeed keen on moving to Anfield, then he'll be disappointed the transfer is no longer in the cards.
Even moderate drinking may dull the aging brain
They added, however, that the findings could have important public health implications for a large sector of the population. There was no evidence, Topiwala said , that lighter amounts of drinking "protected" the brain, compared with abstinence.