SoftBank buys perpetual Yahoo trademark license for $1.6 billion – TechCrunch

As firework volleys launched out of New York City harbor last night, a very different celebration was likely taking place just a few blocks down the street at Verizon’s official headquarters in Midtown. The telco, which owns TechCrunch for hopefully just a few more weeks pending the close of the Apollo acquisition of our parent company Verizon Media, announced overnight that it had signed an agreement with Z Holdings, a division of Japan’s SoftBank Group, to sell… Source link

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Binance’s CZ Gives Baby Doge Fans Something to Talk About

Now that Elon Musk has shined the spotlight on Baby Doge Coin, a meme coin that was inspired by its larger peer Dogecoin, other market leaders are beginning to pile on. Most recently, Binance CEO Changpeng Zhao (CZ) has played into the Baby Doge hype. CZ caused a stir in the Baby Doge community after responding to a tweet with a gif of baby puppies. The Binance chief merely referenced the license plate of the car in the gif, which reveals his initials CZ, saying “nice plate number.” While… Source link

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What to know this week

Investors will return on Tuesday to a holiday-shortened week, with the stock market closed Monday in observance of the Fourth of July in the U.S.  The central focus of the week will be on a handful of economic data reports, including the minutes from the Federal Open Market Committee’s (FOMC) June meeting. These are set to help give traders a better sense of when Fed officials might begin tapering their crisis-era asset purchase program and raising benchmark interest rates from their current… Source link

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SoftBank pays $1.6 bln for Yahoo Japan rights

People walk in front of a logo of Softbank Corp at its branch in Tokyo March 2, 2011. Yahoo Inc is in advanced talks to exit its joint venture in Japan with Softbank Corp, a move that could lead it to focus on reaching a decision on its China assets. REUTERS/Toru Hanai TOKYO, July 5 (Reuters) – SoftBank’s internet business Z Holdings Corp (4689.T) said on Monday it has agreed to pay Verizon Communications Inc (VZ.N) 178.5 billion yen ($1.61 billion) to secure the rights to Yahoo branding… Source link

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SoftBank pays $1.6 billion for Yahoo Japan rights

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

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SoftBank pays $1.6 bln for Yahoo Japan rights

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

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Reckitt and Shopee support Vietnamese in fight against pandemic with ‘Protection Starts From Within’ campaign

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

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Ransomware Group REvil Strikes Again, Demands $70M in Bitcoin From 200 US Firms

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

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Bitcoin and Ethereum – Weekly Technical Analysis – July 5th, 2021

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

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Europe, U.S. Futures Dip; Traders Monitor Oil Spat: Markets Wrap

(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

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