Yahoo News

Yahoo Groups will become defunct in December 2020

Yahoo Group has already stopped allowing the creation of new groups on the platform. The service will be disabled completely on December 15. Yahoo Groups will shut down in December 2020. (Picture: Reuters) HIGHLIGHTS Yahoo Groups will become defunct in December 2020. Yahoo Groups noted that the service has seen a steady decline in usage over the last several years. Yahoo Groups was among the earliest social media services that gave virtual group interaction service. Yahoo Groups, the almost… Source link

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Yahoo Announces Shutdown Of Social Platform Yahoo Groups – Deadline

Yahoo has put the final nail in the coffin for its social media platform Yahoo Groups, announcing on Monday that the 20 year-old service will shut down on Dec. 15, 2020. Yahoo Groups, which was aimed to help users stay connected to their community and friends, has seen a “steady decline in usage over the last several years,” the Yahoo Groups team shared with users in an email. “Over that same period we’ve witnessed unprecedented levels of engagement across our properties as… Source link

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Yahoo Groups to shut down for good on December 15, 2020

Yahoo Groups, one of the last vestiges of the old Yahoo web properties, will shut down on December 15, 2020, when Verizon plans to take the groups.yahoo.com website offline for good. Verizon, which bought Yahoo in 2017, announced the decision today in emails sent to Yahoo Groups users and a message posted on the Yahoo Groups website. Today’s announcement marks the end of the road for one of the internet’s… Source link

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Final Nail in the Coffin for Yahoo Groups Lands Dec. 15

(Credit: Yahoo) Yahoo Groups will shut down for good on Dec. 15, a year after company parent Verizon decided to gut most of the functionality from the 20-year-old discussion board platform.  Yahoo said supporting the platform “no longer fit” with its long-term strategy, citing low use. At the same time, Yahoo is indicating it’s moving away from hosting user-generated content.  “Yahoo Groups has seen a steady decline in usage over the last several years,” Yahoo said in a FAQ about… Source link

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Stocks Rise Amid Rally in Big Tech, Stimulus Talks: Markets Wrap

(Bloomberg) — U.S. stocks extended their July rally amid a surge in technology shares and on news the White House and Democrats are planning to meet Saturday to discuss the next virus-relief package. Chief of Staff Mark Meadows said the administration is willing to compromise while House Speaker Nancy Pelosi noted Republicans didn’t have the votes to extend the $600 per week unemployment benefit that’s propped up incomes and spending. The Nasdaq 100 outperformed on solid earnings from… Source link

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What is a stock split: Yahoo U

For more business and finance explainers, check out our Yahoo U page. For the fifth time in its history, Apple (AAPL) will split its stock. Alongside its earnings report for the third quarter of 2020, Apple announced plans for a 4 to 1 stock split, effective Aug. 24. Shares of Apple were trading close to $420 as of July 31. Stock splits have little fundamental effect on the company itself, but the financial maneuver allows companies to capitalize off of a rising stock price by increasing… Source link

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What is a stock split: Yahoo U

For more business and finance explainers, check out our Yahoo U page. For the fifth time in its history, Apple (AAPL) will split its stock. Alongside its earnings report for the third quarter of 2020, Apple announced plans for a 4 to 1 stock split, effective Aug. 24. Shares of Apple were trading close to $420 as of July 31. Stock splits have little fundamental effect on the company itself, but the financial maneuver allows companies to capitalize off of a rising stock price by increasing… Source link

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Oil giants lost billions as pandemic crushed demand for fuel

NEW YORK — Two American oil giants lost more than $9 billion in the second quarter as the pandemic kept households on lockdown, cutting a gaping hole into a once-thriving business as the need for oil diminished around the world. Exxon lost $1.1 billion in the second quarter, and the Irving, Texas-based oil producer brought in $32.6 billion in revenue, less than half of what it brought in at the same time last year. Chevron Corp. lost $8.27 billion during the quarter, a sharp contrast to the… Source link

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Majority of Democrats want Biden to pick a Black woman for vice president

WASHINGTON — As presumptive Democratic nominee Joe Biden prepares to announce his vice presidential pick, a new Yahoo News/YouGov poll finds that a majority of Democrats believe that Biden should tap a Black woman to join him on the ticket in November. Biden, who promised that he would pick a woman to be his running mate during the Democratic primaries, has said he would reveal his decision in early August.  Sixty percent of Democrats think it’s important for Biden to select a Black… Source link

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