Reports surfaced this past weekend that had said Verizon may soon be selling its media business. Well, the news became true on Monday. Wall Street learned this week that Verizon has offloaded its media business to Apollo Global Management for $5 billion. Apollo is also an investor in Shutterfly and Expedia Inc. Verizon will get … Continue reading “Verizon Has Just Sold its Stake in Yahoo and AOL for $5B”
Author: Sophia Vida
Bill Gates and Melinda Shock World With Divorce News After 27 Years
Wall Street was surprised to learn on Monday that tech billionaire Bill Gates and his…
Under Armour Has Settled its SEC Charges Over This For $9M
Athletic/sportswear apparel company Under Armour has agreed to pay $9 millin in fines in order…
This is Who Kate Spade Parent Tapestry Inc. Has Tapped as New CFO
Tapestry Inc., the parent company of Coach, Kate Spade and Stuart Weitzman, has announced a…
Amazon Reports Q1 Results that Blow Past Expectations
E-commerce giant Amazon reported its financial results for the first quarter that smashed all expectations.…
This is Why Twitter Shares Sank After its Earnings Report
Social media platform Twitter reported its financial results on Thursday and share prices took a…
Domino’s Pizza CEO Says Order Pizza Through the Phone is Near Obsolete
Many people will remember a time when if they wanted to order a pizza, they…
This is How Effective the Pfizer and Moderna Covid Vaccines Are for the Elderly
According to a Centers for Disease Control and Prevention (CDC) study that was published this…
It’s Another Blowout Quarter for iPhone Maker Apple
Apple's latest earnings report was widely anticipated on Wall Street on Wednesday and the tech…
Dogecoin Soars on Tweets from Both Elon Musk and Mark Cuban
Cryptocurrency Dogecoin was seeing a big move in price after both Tesla CEO Elon Musk…
Microsoft Just Had its Biggest Revenue Growth in Years
Microsoft shares were moving lower about 3% in after-hours trading on Tuesday despite the software…
Lyft is Selling off its Self Driving Unit to Toyota Subsidiary for $550M
Ride hailing giant Lyft announced this week that it would be selling off its Level…
There are a Few Reasons Why Hasbro Toys Are Going to Start Costing More
Many parents may be upset to learn that their children's toys are going to be…
Tesla Revenue Explodes and Net Income Hits Record in Q1
Electric vehicle giant Tesla reported its first quarter financial results after the bell on Monday…
