Yahoo Confirms Sale Of Core Assets For $4.8 Bn To Verizon
Umer Jamshaid Published July 25, 2016 | 04:31 PM
SAN FRANCISCO, (APP - UrduPoint / Pakistan Point News - 25th july,2016) : Yahoo agreed to sell its core assets to telecom giant Verizon for $4.8 billion, ending a 20-year 1run by the internet pioneer as an independent company, the firms announced Monday. Verizon chief executive Lowell McAdam said Yahoo would be integrated into its recently acquired AOL unit to create "a top global mobile media company, and help accelerate our revenue stream in digital advertising."
Recent Stories
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 1 December 2024
13 hours ago
Today Gold Rate in Pakistan 01 December 2024
13 hours ago
Journalist Mattiullah Jan gets bail
1 day ago
Mishal Yousafzai de-notified as Special Assistant to KP CM
1 day ago
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 30 November 2024
2 days ago
Today Gold Rate in Pakistan 30 November 2024
2 days ago
Big-hitting Stubbs takes satisfaction from grinding out Test century
2 days ago
CCPO felicitates newly elected office bearers
2 days ago
Traumatised Spain marks one month since catastrophic floods
2 days ago
Death toll from Uganda landslides rises to 20: Red Cross
2 days ago
Thousands in Italy strike over low purchasing power and pay
2 days ago
PPP holds event for foundation day preparations
2 days ago