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Share This Story, Choose Your Platform! Verizon recently announced that they would be selling Yahoo! and AOL to a private equity firm for about half the amount they bought the two properties for.  And so the Yahoo saga continues — and with this news, we have almost come full circle. If you are looking for more details about the history of this situation, you can find that here. For now, here’s a quick timeline of events: The early 2000s: Yahoo! is the king of the search engines 2003:… Source link

Verizon announced this week that it will sell its AOL and Yahoo assets to Apollo Global Management, Inc. for $5 billion. Verizon will retain a 10% stake in the company, which will be known as Yahoo when the transaction closes. The deal allows Verizon Media to pursue other growth areas, which it hopes will benefit its employees, advertisers, publishing partners and approximately 900 million monthly active users around the world. “We are excited to be joining forces with Apollo,”… Source link

The Guardian I watched Arizona’s unprecedented election audit – here’s what’s happening Experts say the effort, trundling along slowly in Phoenix, is unreliable and dangerous Contractors working for Cyber Ninjas in Phoenix examine and recount ballots from the 2020 election. Photograph: Courtney Pedroza/Getty Images Sign up for the Guardian’s Fight to Vote newsletter Happy Thursday, I’m writing from Phoenix, where I’m spending the week covering a remarkable GOP audit of the 2020… Source link

The Facebook (FB) oversight board’s decision to uphold an indefinite ban on former President Trump’s account renewed calls for antitrust action against the social media giant Wednesday. But one lawmaker spearheading the charge to reshape the country’s antitrust law says Trump should be banned permanently. Speaking to Yahoo Finance, Sen. Amy Klobuchar (D, MN) said Trump’s refusal to admit defeat in the 2020 presidential election, and continued lies about election fraud are reason… Source link

Progressive Senator Elizabeth Warren (D-MA) on Wednesday applauded the Facebook (FB) oversight board’s decision to uphold the ban on former President Donald Trump from the site for the time being. But she warned that the move demonstrates the outsized power of the social media platform, and reaffirms her call to break up the nation’s tech giants. “I’m glad that Donald Trump is not going to be on Facebook,” she tells Yahoo Finance Editor-in-Chief Andy Serwer. “Suits me.”  “But part two is that… Source link

Google will soon start pushing more Gmail users and Google Account holders to enable two-step verification — the extra layer of security that can protect people when their credentials have been phished or exposed through a data breach.  May 6 is “World Password Day” which is largely about making people less reliant on them for securing online accounts.  Google’s contribution this year is to nudge more people into enabling two-step… Source link

New weekly jobless claims set a new pandemic-era low last week, falling below 500,000 for the first time since March 2020, with initial filings trending decidedly lower in recent weeks amid the pick-up in economic activity.  The Department of Labor released its weekly report on new jobless claims Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended May 1: 498,000 vs. 538,000 expected and a… Source link

Bloomberg U.S. Pushes Vaccine Waiver; Japan’s Emergency: Virus Update (Bloomberg) — U.S. support for a waiver of patent protections for vaccines is heading to the World Trade Organization, with the European Union and China signaling a willingness to take part in the negotiations.India reported its highest-ever daily tally of 412,262 new virus cases and also a record 3,980 deaths. Indian drugmakers warned that a halt on some cargo flights from China could disrupt the global pharmaceutical… Source link

(Photo by Brooks Kraft LLC/Corbis via Getty Images) Corbis via Getty Images Google and Alphabet CEO Sundar Pichai shared his vision of the search giant’s new hybrid return-to-work plans via an internal message from the chief executive to his employees. The plan would call for around 60% of Googlers coming together in the office for a few days a week, while another 20% will work in new office locations and 20% are anticipated to work remotely.  In his post, Pichai first… Source link

Actress Jessica Alba’s eco-friendly personal care products brand Honest Co. (HNST) surged 44% in its trading debut on the Nasdaq. Shares of Honest Co. sold for $16 in their initial public offering to close at $23 per share in trading Wednesday, giving the company a market value of about $2.1 billion. Honest CEO Nick Vlahos told Yahoo Finance Live that the successful IPO was a “validation” of the company’s strategy. “We’re a mission driven brand. We are at the forefront of this kind… Source link