Verizon offloaded its media business to Apollo Global Management in a deal valued at $5 billion as the mobile phone giant focuses on building out its 5G network.
In making the deal with the private equity firm Apollo, Verizon is acknowledging that it couldn’t compete with Google and Facebook for digital ads. Instead, it will concentrate on building a 5G network.
With help from Google and PayPal, XVideos lets people leer at the worst moment in a child’s life.
People used Yahoo Answers to ask weird questions, seek help and make jokes. But the service offered “real human reaction, for better or for worse,” one longtime observer said.
The billionaire says the current stock market is reminiscent of the first dot-com boom. “Everybody’s a genius in a bull market — until they’re not.”
Under a new national security law, the police are targeting the social media accounts of executives, politicians and activists. American internet giants are struggling to respond.