Bloomberg EU Pushes Back on China With Powers to Thwart State-Backed Firms (Bloomberg) — The European Union is looking to strengthen its hand against the growing economic threat posed by China, with new powers targeted at foreign state-owned companies.The European Commission, the bloc’s executive arm, proposed new rules to levy fines and block deals, according to a draft obtained by Bloomberg. While China isn’t specifically mentioned in the proposal, the move follows complaints from… Source link

MMA Weekly Uriah Hall doesn’t feel like he won after Chris Weidman’s broken leg at UFC 261 Chris Weidman suffered a ghastly injury at UFC 261 on Saturday night that led to a victory for Uriah Hall. Only, Hall doesn’t feel like he won. The fight lasted all of 17 seconds. It was over after Weidman launched a low kick that landed, but snapped his lower leg bones in half. Pulling his leg back, Weidman fell to the canvas in agony. The fight was over. Hall had won. It was the second time that… Source link

(Reuters) – Verizon Communications Inc is exploring a sale of its media assets, including Yahoo and AOL, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The sales process, which includes private equity firm Apollo Global Management Inc, could yield a price of $4 billion to $5 billion, report said. Yahoo and AOL are the two large brands within Verizon Media, which also owns news publication HuffPost, technology news sites… Source link

Verizon Communications Inc. VZ, +0.20%  is exploring a sale of its media assets including Yahoo and AOL, according to people familiar with the matter, signaling a dramatic reversal of the communications company’s once-lofty ambitions in the sector. The sales process, which includes private-equity firm Apollo Global Management Inc. APO, +0.44%,  could yield a price of $4 billion to $5 billion, the people said, assuming there is… Source link

Great news for those who play games with Stadia, the streaming service from Google, the worldwide leader in searching: Google Stadia has a search function. Not yet, though. A blog post Wednesday said search would reach all players this week. But “it will make finding your favorite games much easier.” Bold statement! Here’s a comparison of Stadia’s landing page before … and after … the forthcoming change. For those… Source link

Bloomberg Oil Crown Jewels No Longer Off Limits in Mideast Amid Deal Surge (Bloomberg) — Time was when the Middle East’s petrostates recoiled from using their crown jewels to raise money from foreign investors.Not any more. In the space of a few weeks, Saudi Arabia, the United Arab Emirates, Qatar, Oman and Kuwait have all accelerated multi-billion-dollar plans to sell energy assets or issue bonds off the back of them. Capping that trend, Saudi Crown Prince Mohammed bin Salman said Tuesday… Source link

Wednesday, April 28, 2021 This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Apple’s latest products should be hits, but they come with risks for the company Apple (AAPL) has begun launching a slew of game-changing products and features, like devices that track down your lost stuff and a new feature to protect your privacy online. But each one… Source link

The sale of media assets Verizon is exploring could yield a price in the $4 billion to $5 billion range, people familiar with the matter said; a Verizon store in San Francisco. Photo: David Paul Morris/Bloomberg News Updated April 28, 2021 4:42 pm ET … Source link

With COVID-19 restrictions lifting, more people are booking trips and hotels online, which is very good for Google’s advertising business. Google’s employees, however, are working from home and not traveling as much on the company dime — and that’s also good for its business. During the first quarter, Google parent Alphabet Inc. saved $268 million in expenses from company promotions, travel and entertainment, compared with the same period a year earlier, “primarily as a result of… Source link

NEW YORK – Today, Yahoo Finance, the leading business and financial news brand, announced Moomoo Inc., a financial brokerage and wealth management platform, as the Title Sponsor of the 2021 Berkshire Hathaway Shareholders Meeting live stream event. Yahoo Finance will return, for the sixth consecutive year, as the exclusive live stream host of the meeting on Saturday, May 1st beginning at 12:30pm ET. Watch the live stream here: https://finance.yahoo.com/brklivestream. Berkshire Hathaway’s… Source link