TOKYO: SoftBank‘s internet business Z Holdings Corp said on Monday it has agreed to pay Verizon Communications Inc 178.5 billion yen ($1.61 billion) to secure the rights to Yahoo branding and technology in perpetuity in Japan. In contrast to the retreat of Yahoo in the United States, the brand remains a core part of SoftBank’s domestic internet business where the name adorns a web portal and services like shopping and weather. Verizon is offloading its media businesses including Yahoo and Source link

By Sam Nussey TOKYO, July 5 (Reuters) – SoftBank’s internet business Z Holdings Corp said on Monday it has agreed to pay Verizon Communications Inc 178.5 billion yen ($1.61 billion) to secure the rights to Yahoo branding and technology in perpetuity in Japan. In contrast to the retreat of Yahoo in the United States, the brand remains a core part of SoftBank’s domestic internet business where the name adorns a web portal and services like shopping and weather. Verizon is offloading… Source link

Reckitt’s first multi-brand regional Super Brand Day on Shopee equips shoppers with health, hygiene, and nutrition tips along with exclusive deals HO CHI MINH CITY, Vietnam, July 5, 2021 /PRNewswire/ — Reckitt, the global leader in health, hygiene and nutrition, partners with Shopee, the leading e-commerce platform in Southeast Asia and Taiwan to launch its first “Protection Starts From Within” regional initiative held across six markets. This collaboration aims to help families better… Source link

Associated Press Scale, details of massive Kaseya ransomware attack emerge Cybersecurity teams worked feverishly Sunday to stem the impact of the single biggest global ransomware attack on record, with some details emerging about how the Russia-linked gang responsible breached the company whose software was the conduit. An affiliate of the notorious REvil gang, best known for extorting $11 million from the meat-processor JBS after a Memorial Day attack, infected thousands of victims in at… Source link

Bitcoin Bitcoin, BTC to USD, rose by 1.53% in the week ending 4th July. Partially reversing a 2.55% loss from the previous week, Bitcoin ended the week at $35,276. After a mixed start to the week, Bitcoin rose to a Tuesday intraweek high $36,600.0 before hitting reverse. Falling short of the first major resistance level at $37,302, Bitcoin slid to a Friday intraweek low $32,700.0. Steering clear of the first major support level at $30,717, Bitcoin moved back through to $35,000 levels to deliver… Source link

(Bloomberg) — European and U.S. equity futures slipped Monday and Asian stocks were steady as investors mulled the outlook for Federal Reserve stimulus support and OPEC+ tension over oil. Shares dipped in Japan and Hong Kong and fluctuated in China, where cybersecurity probes into ride-hailing giant Didi Global Inc. as well as some other online platforms highlighted Beijing’s push to curb the influence of the nation’s internet companies. Chinese technology firms fell in Hong Kong. The S&P… Source link

Bagram Airfield, Afghanistan As the last major deployments of American and NATO troops prepare to leave Afghanistan, one of the most important milestones in their departure was the closing last week of Bagram Airfield, once the largest US base in the country. At various points over the last 20 years Bagram has been so big that troops stationed there could enjoy Subway and Pizza Hut, but another consequence of having so many young Americans together in the one spot was that in more recent years… Source link

Chip Somodevilla / Getty Images It’s easy to roll our eyes at outlandish spending from billionaires – say, buying NFTs or yachts – but their spending is good for the overall economy. Their savings, however, are not so good, according to new findings published in the Chicago Booth Review, which reports that the 1% has “buried” the middle class in debt with their saving habits. See: The Hype Around NFTs: What Are They? And How Pricey Do They Get?Find: These 15 Billionaires Got Richer… Source link

Reuters Pro-Trump social media app hacked on launch day as half million sign up A social media site launched on Sunday by Jason Miller, a senior adviser to former U.S. President Donald Trump, was briefly hacked, and more than 500,000 people have registered to use the site, Miller said. GETTR, a Twitter-style platform with posts and trending topics, has advertised itself on the Google and Apple app stores as “a non-bias social network for people all over the world.” A writer for Salon posted… Source link

WASHINGTON (Reuters) – A social media site launched on Sunday by Jason Miller, a senior adviser to former U.S. President Donald Trump, was briefly hacked, and more than 500,000 people have registered to use the site, Miller said. GETTR, a Twitter-style platform with posts and trending topics, has advertised itself on the Google and Apple app stores as “a non-bias social network for people all over the world.” “The problem was detected and sealed in a matter of minutes, and all the intruder was… Source link