Verizon will sell its media group to private equity firm Apollo Global Management for $5 billion, the two companies announced Monday. The sale allows Verizon to offload properties from the former internet empires of AOL and Yahoo. Verizon will keep a 10 percent stake in the company and it will be rebranded to just “Yahoo.” The sale will see online media brands under the former Yahoo and AOL umbrellas like TechCrunch, Yahoo Finance and Engadget go to Apollo. Verizon bought AOL in 2015 for… Source link
Read More »Verizon sells Yahoo and AOL businesses to Apollo for $5 billion
Website pages from Yahoo! Inc., left, and AOL Inc. are displayed on a computer monitor. Chris Ratcliffe | Bloomberg | Getty Images Verizon will sell its media group to private equity firm Apollo Global Management for $5 billion, the companies announced Monday. The sale allows Verizon to offload properties from the former internet empires of AOL and Yahoo. Verizon will keep a 10% stake in the company and it will be rebranded to just Yahoo. The sale will see online media brands under the former… Source link
Read More »Derek Chauvin verdict had Minneapolis businesses prepared to ‘hit the panic button’
A jury on Tuesday found ex-Minneapolis police officer Derek Chauvin guilty of two counts of murder for the killing George Floyd, an unarmed Black man whose death sparked nationwide Black Lives Matters protests. The jury, after 10 hours of deliberation, found Chauvin guilty of second-degree murder, third-degree murder, and manslaughter for the killing of Floyd on May 25, 2020. Business owners around Minneapolis, where the trial was held, have been on edge over the last year, with heightened… Source link
Read More »Google helps Kansas businesses generate $2.1 billion in 2020
TOPEKA, Kan. (WIBW) – Google products have helped Kansas businesses generate $2.1 billion in 2020. Google says it released its Economic Impact Report on Thursday, March 18, and shared that 13,100 businesses, publishers and nonprofits in Kansas used its products to increase their online presence and connect with individuals and communities across the state, which helped generate $2.1 billion in economic activity in 2020. Google also said it plans to invest over $7 billion and create at least… Source link
Read More »They opened new businesses, then COVID-19 hit – how some have survived
Pisac Peruvian Bistro, a restaurant located in Toronto’s Summerhill neighbourhood, was just five weeks old when the COVID-19 pandemic hit and it was forced to close its doors to the public. “The last year has been a rollercoaster,” Pisac founder and chef Renzo Galleno said in an interview. “If I had known what was going to happen, I probably wouldn’t have opened up a restaurant. It’s been quite a learning experience.” When Pisac initially opened last February, Galleno had no plans… Source link
Read More »Russian Tech Firms Yandex, Mail.ru Group, Ozon, Wildberries to Establish Fintech Businesses that may Compete with Incumbents
Russian technology firms Yandex, Mail.ru Group, Ozon and Wildberries are reportedly creating their own Fintech platforms so that they can potentially compete with some of the largest banks in the country, according to a report from Forbes Russia. Nasdaq-listed Yandex, which was in negotiations to acquire Russia’s digital bank Tinkoff (but the deal failed), has now decided to continue its focus on Fintech so it can offer some type of financial services via mergers and acquisitions or some… Source link
Read More »UK businesses caught buying five-star Google reviews
Which? said that some fake reviews could have serious real-world consequences. For example, one claimed that a Liverpool solicitor had helped them recover tens of thousands of pounds. If false, it could scam people in a vulnerable financial position, the group argued. Source link
Read More »This Google Maps feature highlights black-owned businesses in San Antonio
Feb. 22, 2021Updated: Feb. 22, 2021 3:46 p.m. Last summer, the company launched a feature allowing businesses to identify as black-owned on Google Maps. Google made the distinction available on the Shopping tab at the start of February, marking the start of Black History Month. Wayne’s Wings Google is expanding an effort to spotlight black-owned businesses this month. Last summer, the company launched a feature… Source link
Read More »This Google Maps feature highlights black-owned businesses in San Antonio
Feb. 22, 2021Updated: Feb. 22, 2021 3:46 p.m. Last summer, the company launched a feature allowing businesses to identify as black-owned on Google Maps. Google made the distinction available on the Shopping tab at the start of February, marking the start of Black History Month. Wayne’s Wings Google is expanding an effort to spotlight black-owned businesses this month. Last summer, the company launched a feature… Source link
Read More »Google to invest $75 million in coronavirus-hit small businesses
FILE PHOTO: Letters spell the word “Alphabet” as they are seen on a computer screen with a Google search page in this photo illustration taken in Paris, France, August 11, 2015. REUTERS/Pascal Rossignol BRUSSELS (Reuters) – Google is teaming up with the European Investment Fund (EIF) and two other organisations in Latin America and Asia to provide $75 million in funding to small- and medium-sized companies suffering from the impact of COVID-19. The funds are part of an $800 million initiative… Source link
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