Verizon to take 'Oath' as new company to run Yahoo, AOL
Tim Armstrong, AOL's chief executive, posted a tweeted Monday indicating the new company will manage more than 20 different brands.
One has to wonder why those suits came up with a new name for Yahoo. What in tarnation? Is the combination of Yahoo and AOL some kind of demonic telecom funded cult?
Armstrong also stressed that brands like AOL and Yahoo will continue, with a "resurgence" ahead for them.
The next chapter in Yahoo's odd journey from cornerstone of the early internet to aged Verizon subsidiary is a bold rebranding.
The creation of Oath does not necessarily mean that Verizon will eliminate the AOL and Yahoo brands, but it does mean that these companies will operate and report financial results separately from Verizon.
This will culminate in a digital powerhouse consisting of 1bn-plus consumers and more than 20 global brands.
A spokesperson for Verizon would only say: "In the summer of 2017, you can bet we will be launching one of the most disruptive brand companies in digital". A rep for Yahoo declined to comment beyond a statement from Mayer when the Verizon deal was first announced previous year. "It's important to me to see Yahoo into its next chapter". But due to two massive cyberattacks that affected personal information of over 1 billion users, Verizon lowered the original offer by $350 million to $4.48 billion in February.
In July of previous year, Verizon announced that it will acquire the core internet business of Yahoo for around $4.8 billion.
Yahoo in September past year announced that hackers in 2014 stole personal data from more than 500 million of its user accounts and in December it admitted to another cyberattack from 2013 affecting more than a billion users. Then there also are the respective messaging services - AOL Messenger and Yahoo Messenger.
After completion of the sale, the remaining parts of Yahoo will be renamed Altaba.
The Verizon-Yahoo deal hit a number of bumps on the way to its closure. That name is Altaba Inc, which isn't too much better than Oath.
The singer is in the midst of her Dangerous Woman tour, so Kim and North swung by her dressing room to say hey before the show. There's a sense in me that because I went through all that pain for these two babies and that I know we did this together.
Matt and Jeff apparently arrived at WrestleMania moments before their match and Jeff was visibly hurting from the night before. Cena got down on one knee after he and Bella defeated The Miz and Maryse via double pin, according to ESPN .
The reality star said that she will undergo uterus fix surgery to remove the scar tissue found inside the walls of her uterus. Kanye West and Kim Kardashian attend the Kanye West Yeezy Season 4 fashion show on September 7, 2016 in New York City.
Also, this year every large institution will be given a common overall rank as well as a discipline specific rank as applicable. This was the second time that the rankings were released after India Rankings - 2016, which were released in April 2016.
Mylan's original March 20 recall affected about 80,000 of the EpiPen devices shipped to locations outside the United States. The recall now covers 13 lots distributed from December 17, 2015 through July 1, 2016.
Federal law, through the Hyde Amendment , already prohibits federal dollars from directly funding abortions. Two Republicans did not vote along party lines, Susan Collins of ME and Lisa Murkowski of Alaska.
I'm certainly proud to be someone standing up for women's hockey and really trying to get it to move forward. The team ended their threat of boycotting the tournament after agreeing to a four-year deal with USA Hockey.
In the tiebreak, Berdych hit a backhand victor into the corner to set up two match points, the first on serve. After several holds of serve, Federer took firm control of the set while leading 4-2 with Berdych on serve.
No U.S. airlines are involved because they don't offer direct service to the U.S. from the targeted airports, U.S. officials said. US officials would not say how long the ban will continue, saying only that it will be reevaluated on a regular basis.
Anti-allergy medicine EpiPen recall expands to US
The lots of EpiPen and EpiPen Jr. that are affected were distributed between December 17, 2015, and July 1, 2016. Mylan brands adult versions with a yellow label and junior devices with a green label.
Zoo Says April the Giraffe May Give Birth Soon
This will be the fifteen-year-old April's fourth calf, while her five-year-old partner, Oliver, will be welcoming his first. April will wean her calf for six to 10 months before it will be moved to another facility to avoid incestuous mating.
States Scramble To Expand Obamacare After GOP Flop
Obama's health care law encouraged states to expand their Medicaid programs by promising to pay most of the costs. Kansas Republicans, who control the state legislature, had never been very interested in broadening the program.
Destiny 2 Release Date Confirmed, Trailer Out Now
Here's what else you need to know: The game is out September 8, but you can hop into the beta (timeframe TBD) if you preorder now. While there isn't any gameplay footage in the new video, there is a small description about the game which can be read below.
Fiancee of ex-NFL star testifies in his double-murder trial
Prosecutors said Hernandez killed Safiro Furtado and Daniel de Abreu in 2012 after a brief encounter in a Boston nightclub. In particular, she said she did not remember receiving a phone call from him at 2:30 a.m. on the night of the killings.
Malaysia says Kim Jong Nam's body released to North Korea
Najib said an autopsy had been completed and the victim's family has formally asked that the body be returned to North Korea. The agreement was reached after recent talks between North Korea and Malaysia in the capital, Kuala Lumpur , it added.