Yahoo is being acquired by Verizon for $5 billion

Verizon is all set to acquire Internet giant Yahoo in a deal worth $5 billion, according to a recent report. The deal has been finalized, although an official announcement is yet to be made (expected as soon as today).
The report says that other bidders - including a group led by Quicken Loans’ Dan Gilbert and private equity firm TPG - have been informed about the outcome of the months-long negotiations. The terms of the deal are yet to be revealed.
It's worth mentioning that as of now only an agreement over the deal has been reached - the acquisition is yet to clear regulatory hurdles. The report also notes that current Yahoo CEO Marissa Mayer will be replaced by AOL boss Tim Armstrong after the deal completes.
Via

Comments

Post a Comment

Kindly Comment Only related to Post

Popular posts from this blog

Microsoft releases Hub Keyboard for Android

Image
Microsoft has made yet another app for Android, this time a keyboard. The Microsoft Hub Keyboard looks like a simple keyboard at first but it has a few tricks up its sleeve. The keyboard has four main features. The clipboard feature shows you text you had previously copied so you can paste it with a couple of taps. The documents feature lets you login to your Office 365 account and paste the URL of the files by typing their names. The contacts feature lets you type the name of the contact and paste their details by tapping on the suggestions above. Lastly, there is a built-in translator, which can translate the text you're typing to any other language. That aside, the keyboard is extremely basic and does not even have autocorrect, which makes typing extremely difficult. There also doesn't seem to be any way to access emoji if you're using this keyboard. Some of these drawbacks makes the keyboard hard to use for basic typing and the addition of the
Read more

Galaxy A9 Pro international variant is now Bluetooth certified

Image
The Samsung SM-A910F - which is alleged to be the international variant of the Galaxy A9 Pro (SM-A9100) - has now received certification from the Bluetooth Special Interest Group (SIG), indicating an imminent launch. This comes just a few weeks after the handset (both standard and dual-SIM models) received Wi-Fi certification from the WiFi Alliance (WFA). Prior to that, the phone was spotted on India's import/export tracking website Zauba. Sadly, pricing and availability details of the Samsung SM-A910F aren't yet known. Also not known are the markets that'll get it, although Europe seems to be on list as a polish retailer has reportedly already started accepting pre-orders for the device. Via
Read more

iPhone SE teardown shows hardware ranging from iPhone 5 to 6s

Image
The Apple iPhone SE is a 6s in a 5s body, but Chipworks dug into the internals and it turns out the story is more complicated than that. It straddles multiple generations - from the iPhone 5 selfie camera to the iPhone 6s chipset, a whopping four generations. The Apple A9 chipset is brand new and the SK Hynix-made LPDDR4 2GB memory matches the 6s as well. The NFC, audio chips and motion sensor are from that generation as well. The storage appears to be from the 6s as well, but an earlier 19nm chip instead of the 15nm being shipped now. The Qualcomm modem from the earlier iPhone 6 model while the touchscreen controller goes back to the iPhone 5s. Using the images and info from Chipworks, I labeled the parts on the motherboard with the iPhone generation they come from. Source | Via
Read more

12.2-inch version of the Lenovo Yoga Book with Android shows up at Amazon priced at just $299.99

Image
At IFA last year, Lenovo turned some heads with its Yoga Book, a 2-in-1 laptop / tablet hybrid that doesn't have an actual physical keyboard. Instead, its so-called Halo Keyboard is flat and doubles as a writing surface, complete with predictive input and autocorrect functionality. So far the Yoga Book has been available with a 10.2-inch 1080p touchscreen, running either Windows or Android. A model with Chrome OS on board is coming this year, but also a bigger one too. While the Chrome OS Yoga Book has been confirmed by Lenovo already, a 12.2-inch Yoga Book has been listed by Amazon without any proper official introduction. It's not available yet, but it does have a price: $299.99 running Android. That's oddly cheaper than what the 10-inch Yoga Book costs with Google's OS, namely $499. You don't see that every day, as usually bigger laptops or 2-in-1s are more expensive than their smaller siblings, if just by a tad. However, the price start
Read more

HTC One (M8) for Windows now available on Amazon for $50

Image
Verizon's HTC One (M8) for Windows is now available for purchase at Amazon US. It costs just $49.99 with a two-year contract. You can get the contract-free (but Verizon-branded) model for $599.99. The smartphone went official a week ago as a Verizon exclusive. Its hardware absolutely identical with its Android-powered sibling - the HTC One (M8) flagship, but runs on Windows Phone 8.1. You can check its specs right here, our preview is live too. As we already know n the HTC One (M8) for Windows will be a limited time exclusive, as AT&T has already confirmed it will be selling it later this year. Today various reports suggest the phone is coming to T-Mobile and Sprint, too. There is no official confirmation on either of those, but we suspect HTC One (M8) for Windows, if successful, will launch on T-Mobile and Sprint around the same time it hits the AT&T's retail stores. @AlexanderJJJJ @upleaks yup. Only have one source at T-Mobile but they say yes. A
Read more