Verizon Plans to Cut About 2000 Jobs at Yahoo, AOL
04:10, Jun 9, 2017
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Telecom giant Verizon will reportedly announce plans next week to cut as many as 2,100 jobs at their AOL and Yahoo subsidiaries.
Yahoo! Inc. shareholders approved the USD4.48 billion sale of the company's main web properties to Verizon Communications Inc., clearing the last major hurdle for a deal announced nearly a year ago. Now that it's approved, Yahoo expects to close the deal on Tuesday, a move that will bulk up Verizon's advertising efforts.
The layoffs, which affect roughly. To be fair though, that is not the price the company initially agreed upon though as Verizon knocked off a few hundred millions after Yahoo was involved in a major scandal that saw several hundred million accounts go missing.
Verizon announced an agreement to acquire Yahoo in July of past year, after a long bidding process.
Klizan in French Open handshake row ahead of Murray clash
He dropped further behind the baseline and allowed Kuznetsov to dictate while clapping and grinning sarcastically towards his box. Just 4-4 this clay season and with only one title this year, Andy Murray admits it's been a tough start to 2017.
Kelly defends plan for Russia back channel as a 'good thing'
There is no indication Kushner is now a target of the FBI's probe, and there are no allegations he committed any wrongdoing. At the time , a White House official dismissed it as a brief courtesy meeting. "We're not going to comment on Jared".
Apple's Siri Speaker is reportedly in the works
While the speakers wouldn't go on sale until later this year, they could be announced in June at Apple's developers' conference. But, Mark Gurman reported that, "Apple's speaker won't include such a screen, according to people who have seen the product".
In April, Verizon said AOL and Yahoo would be combined in a new unit called Oath. Yahoo shares gained 10% to $55.71 on Thursday, following a 13% surge in shares of Alibaba Group Holding Ltd.in which Yahoo still owns a stake.
In addition to the vote on the transaction, shareholders also approved the advisory vote on compensation for top executives in connection with the Verizon deal.
Neither Yahoo nor AOL immediately responded to a request for comment.
"Oath's strategy is to lead the global brand space", an AOL spokesperson said in a statement to CNN Tech. But subsequent reports from Varietyand TechCrunch indicated those outlets confirmed cuts would total 15 percent of the combined company - or about 2,100 positions out of the company's combined 14,000 employees.
But the targets were voluntary, meaning the USA and the almost 200 other nations in the agreement could alter their commitments. Canada, the European Union and China have said they will honour their commitments to the pact if the United States withdraws.
Phil Mickelson has announced that he will miss this year's US Open to attend his daughter's High School graduation. Amanda was born a day after the US Open at Pinehurst in 1999, when Mickelson finished second to Payne Stewart .
A day after Trump rejected the Paris agreement, the European Union and Chinese leaders repeated their support for the deal. It will be widely seen as a rebuff to the United States , as President Trump deliberates on withdrawal from the accord.
As much as this series was about James , Irving helped turn the tide of the series with a 42-point effort in Game 4. The Cleveland Cavaliers made it to the free throw line 13 times during the first quarter of Game 3.
I was wrong", she tweeted . "My children, especially my 11 year old son, Barron , are having a hard time with this", he added. Chelsea Clinton, daughter of Trump's one-time campaign rival Hillary Clinton, called the photo " vile and wrong ".
Daryanani said Apple may also announce an iPad Pro with a faster processor in an attempt to revive its long-slumping tablet sales. It's part of Apple's effort to entice professionals with tablets that can handle many tasks previously reserved for laptops.
NDP leader John Horgan and Green leader Andrew Weaver made the accord between their two parties official this afternoon. As leader of a recognized third party, Weaver gets a 25 per cent raise, an additional $26,470.46 a year.
Some of the commentary in it - including the title - echoes public statements by Trump and other administration officials. Trump continues to praise Comey's decision to reveal the FBI's review of new emails.
Morata has more goals (20) than starts (19) for Madrid in 2016-17 and his goal ratio is better than any other player in the squad. However Belotti has around £85m on his release clause and pursuing him would not be a cheap deal.
The report itself doesn't offer raw intelligence, The Intercept said, but analyzes intelligence the NSA recently acquired. The test emails appeared to be sent to accounts that appeared to be associated with American Samoa's Election Office.
Cavs ignore last year's comeback after another 0-2 hole
But Durant is a 7-foot pterodactyl, who has only gained strength and defensive guile during his first decade in the league. To wit: the Warriors have outscored Cleveland by nine points in the first two quarters, and by 30 in the second half.
Shots fired at protest kill 5 farmers in central India
Despite the government's assurances that it would buy onions and moong dal from the farmers, the protests are intensifying. Farmers are likely to observe the strike from June 1 to June 10, pressing their demands on the government.
Hawaii enacts law to align goals with Paris climate accord
Jerry Brown (D) is going to great lengths to oppose President Trump's plans to pull the USA out of the Paris climate accord. Trump's predecessor signaled a dour noted about the president's move to remove the USA from the non-binding agreement.
California Gov Brown says US will stay in climate fight
Trump's announcement last week that he wants to pull out of the Paris accord did not come up, according to the governor. Trump said the treaty poses an economic disadvantage toward the US , and a fair deal needs to be enacted instead.
Vancouver businessman among the victims in Manila attack
Albayalde said Carlos had a bank account with an outstanding debt of P4 million, and several other non-bank related debt. Carlos' distraught mother, Teodora, wept and asked for forgiveness . "We're asking for your apology".
Thailand Open: Saina out in semis, Praneeth makes final
Second seed Saina, who defeated Japan's Haruko Suzuki 21-15, 20-22, 21-11, will take on local girl Busanan Ongbumrungpan. After 14-15, however, it was Praneeth all the way as he won seven consecutive points to wrap up the game and the match .
Man arrested in theft of Portland train victim's ring
Taliesin Myrddin Namkai Meche, 23, also died in the attack, while Micah Fletcher, 21, suffered non-life-threatening injuries. George Tschaggeny was wearing Ricky Best's ring when officers arrested him Friday morning beneath an overpass, Sgt.
Netflix CEO Pushing Creative Team to 'Take More Risks'
The annual budget for Netflix originals is already $6 billion for 2017; the idea that it will grow even more is pretty wonderful . The controversy drew attention and may mean that people will know about a movie that they may never have discovered or watched.
EU President warns Trump against Paris climate deal exit
Speaking in Berlin about the Paris climate change accord, he said that "China in recent years has stayed true to its commitment". Obama had made efforts during his administration to reduce USA emissions in an attempt to avert catastrophic climate change.
Trump signs waiver keeping US embassy in Tel Aviv
This decision will likely disappoint Israel supporters but gives the president a better chance of reaching a peace deal. The official also defended the fact that Trump not moving the embassy was breaking a key campaign promise.
Audit: Millions of Trump's Twitter followers are fake
Only Trump and perhaps some collection of his advisors know for certain if this president bought any of his 31 million followers. The president experienced an increase of 2.3 million followers in May, adding approximately 573,000 followers each week.