1 U.S. wireless operator is betting that it can take data on more than 200 million unique monthly visitors to Yahoo sites, many of them on mobile devices, and combine it with data on 150 million or so unique monthly AOL users and data on its own user base of over 100 million wireless subscribers to offer a more targeted service for advertisers.The deal likely means more investment in popular content sites such as AOL s Huffington Post and Yahoo Finance when they become part of a much larger entity.The deal came after activist investors led by Starboard Value LP lost faith in Yahoo Chief Executive Officer Marissa Mayer, who was hired in 2012, and forced what became a protracted sale process.Yahoo, founded in 1994, was a dominant player in the early days of the internet, but has long lost its leadership position in internet search and advertising to Alphabet Inc's Google, Facebook Inc and others.Marni Walden, head of product innovation and new business at Verizon, will head the combined internet unit and said no decisions had yet been made on the management team."Yahoo gives us scale that is what is most critical here," said Walden, adding that the company's audience will go from the millions to the billions.
Can't live with them, can't live without them.Some coworkers make you feel so lucky to work with such incredible people day in and day out.Having healthy relationships with your coworkers isn't just critical for your career, but for the company you work for as well.Clashing with an unruly employee or supervisor at least once or twice in your career is inevitable, but do you know the steps to take when your feathers get ruffled?Join us Wednesday, July 27 at 2 p.m.ET for our next BizChats Twitter chat, where we ll be discussing how to mend relationships with coworkers that simply just drive you crazy.
Tune in 8/4 at 10:30 a.m. PT.Instagram announced that it will offer business tools, which include business profiles, analytics and promoted posts.After hundreds of interviews with businesses, three key needs became clear -- stand out, get insights and find new customers, the release on official Instagram blog says.So, to allow businesses to stand out, the platform will offer free business profiles that enable managers to choose a preferred way of getting in touch with them -- call, text or email with a tap of the contact button.Analytics and ads will also be available to business profiles.Finally, the ability to promote will be similar to the current option of boosting posts on Facebook -- by simply clicking a button, you can promote your select posts.
A new digital-only bank pitched at small businesses has raised $2 million £1.5 million from some of the UK's top entrepreneurs and investors after secretly building its product for over aIt is an unusually large funding round for a startup that has yet to launch its product.Backers include: LocalGlobe, the VC firm set up by renowned London investors the Klein
Donald Trump has mastered technology when it comes to running a viral campaign on both Twitter and Facebook.But when it comes to policies related to technology, Silicon Valley leaders have criticized the candidate for not being clear on what his agenda for the industry would be in office.Trump has been endorsed by one tech luminary, Peter Thiel, but many others in the tech industry have called Trump a "danger to innovation." Here's why many in Silicon Valley feels so threatened by a Trump presidency: View As:
Niantic CEO John Hanke, the chief executive behind the smash-hit smartphone game Pokémon Go, stopped by San Diego Comic-Con on Sunday to drop some big hints as to the futureHere's what Hanke revealed, in a conversation with host and Nerdist founder Chris Hardwick, as reported by ComicBook.com:Sorry about the servers: Hanke told the San Diego crowd that they "weren't provisioned for what happened" and that they're working on keeping the servers up
Here are highlights of Sunday s top breaking stories from around the world:Verizon Communications will announce before Monday s market opening that it is buying Yahoo s core assets for $4.8 billion, ending Marissa Mayer s efforts to salvage the Internet pioneer as a standalone company.The G-20 finance ministers meeting in China stood out for the level of concern about the backlash against globalization, as evidenced by the U.K. vote to leave the European Union and the tone of the U.S. presidential campaign.The furor over a WikiLeaks release of e-mails proving the ostensibly neutral Democratic National Committee favored Hillary Clinton for the party s nomination for U.S. president -- just as opponent Bernie Sanders said all along -- forced out DNC Chair Debbie Wasserman Schultz on the eve of the party s nominating convention.A delighted Donald Trump spelled her name wrong in a tweet.Former New York City Mayor Michael Bloomberg, who considered an independent run for president before concluding it would only help elect Trump or Ted Cruz, will endorse Clinton.Bloomberg is the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News.Trump went beyond his comments about possibly not defending some NATO countries to say he d look seriously at withdrawing from the World Trade Organization.Obama said the comments on NATO show how unprepared the Republican nominee is on foreign affairs.Trump not only confirmed that he s looking to fund super PACs dedicated to destroying defeated primary opponents Cruz and John Kasich if they ever run for office again, but said he may have a third target in mind -- someone who is small.
HONG KONG—Huawei Technologies Co. reported Monday that its revenue rose 40% in the first half of the year, but its operating margin shrank as the Chinese technology giant increased investment for its smartphone business.The world s third-largest smartphone maker by sales behind Samsung Electronics SSNHZ 0.00 % Co and Apple Inc. is trying to challenge the two giants not only in China but increasingly in overseas markets such as Europe and the Middle East.Huawei, which makes handsets as well as networking equipment such as base stations, said its revenue for the six months through June rose to 245.5 billion yuan $36.67 billion from 175.9 billion yuan in the same period last year, while its operating margin shrank to 12% from 18% in the first six months of 2015.The modest reduction in operating margin during the period is mostly the result of increased investment to support future growth, a Huawei spokesman said.Still, Huawei grew at a faster pace than last year—its revenue growth in the first half of 2015 was up 30% from the same period in 2014.We are confident that Huawei will maintain its current momentum, and round out the full year in a positive financial position backed by sound ongoing operations, Huawei Chief Financial Officer Sabrina Meng said in a news release.
Yang Dan, mother of a three-month old son in Beijing, remembers relying on an array of digital apps for tips throughout her pregnancy: What to eat, when to have a checkup and how to connect with other expectant mothers.Venture capitalists are now betting that the Chinese Communist Party s decision to repeal its decades-old one-child policy will create more demand for digital services like those used by Yang.The policy change announced last year has piqued investor interest and led to 10 fundraising rounds in the first half for startups in the maternity and pediatric market, according to VC Beat Research, which tracks internet health-related investment and fundraising."Luckily with the relaxation of the one-child policy last year investors did become more enthusiastic in pursuing us," said Liang Liang, chief executive officer for Shenzhen Easyhin Technology Co., the company that developed Mami Zhidao, an app that provides online consultations with pediatricians.His firm raised 100 million yuan $15 million in March, from investors including Soft Bank China Capital and Morningside Ventures.Chinese consumers are avid users of digital apps for everything from banking to health care, and that demand has spawned a vast industry.China has 450 million mobile devices for which 7,350 Chinese companies have developed over 33,000 mobile apps, according to a report from China Internet Watch, a website that tracks online statistics in the country.Use of health and fitness apps grew by nearly 130 percent in the past year, the second-fastest growing category after photography apps, according to the report, which cited researcher Flurry Analytics.The Chinese government has said that allowing all families to have two children is likely to add three million newborns each year.
According to reports that are starting to trickle in, Yahoo s board has accepted the terms of the Verizon offer we reported last week.The core assets of the company that started life in Jerry Yang and David Filo s 1994 Stanford dorm room as Jerry and David s Guide to the World Wide Web — and at one point was one of the highest valued properties on the internet — will now join another former high-flyer of the internet s earliest days, Aol full disclosure: the owner of TechCrunch , in the Verizon stable.It s hard to overstate how dominant a player Yahoo once was.The company, which now holds most of its value in its Alibaba investment, was once a $125 billion behemoth that dominated internet search and commanded one of the highest valuations of any online business — it was Google before Google was Google.Like Aol, Yahoo was never able to fully recover from the dot-com crash.The advent of Google and then Facebook pushed both early Internet portals further toward irrelevance as one Google s search algorithm prevailed and Facebook a new method for browsing online — replacing monolithic portals with personalized feeds tailored to the tastes of social networking peers.
There s a powerful myth that many people continue to believe in: that innovation comes about through a flash of inspiration, a Eureka!In reality, innovation is fed by a constant diet of relevant and up-to-date information that can be reused and recombined to give shape to new ideas.We usually become more innovative when we get exposed to processes that feed our brains with new ideas and situations: when we travel, when we live in a different country, when we go to a good class or conference, when we meet people who are very different from us.To feed our personal innovation machine, we need new information, different thoughts, alternative takes and approaches, surprising elements that make us reflect with comparisons, with admiration, with contrasts…In such context, the way we feed ourselves with information plays a fundamental role.That is precisely why, in an environment with a clear tendency to information overload, infoxication, infobesity and, in contrast, a general inclination towards shallow reading, designing proper information strategies becomes a must.
A unique house situated in the affluent town of Hillsborough, California, remains unsold after nearly a year on the market.Known as the "Flintstones House" to inhabitants the San Francisco area for its kooky attributes, the house was originally listed for $4.2 million.After two price chops, it seems no one is quite taken in by its charms enough to lay down that kind of cash.Indeed, many neighbors and locals call the home an eyesore, especially after it was painted orange and purple, according to Tech Insider.Take a look around the home that has divided a community.Alain Pinel Realtors has the listing.
Justin Sullivan/Getty Images AppleCare can sometimes be a lifesaver, but it is, every time, annoyingly expensive.And yet even with the high price, when you are staring at your shiny new MacBook in the Apple Store, and the salesperson is trying to force you to imagine breaking it, many of us cave.Okay, yes, I would like to
That s because the lion s share of his 7,000 yuan monthly pay goes toward the mortgage on the downtown apartment he bought last year.It s been almost two years since the Cupertino, California-based company revamped the iPhone for the sixth generation.In the meantime, rivals like Huawei and Xiaomi Corp. have developed their own cheaper products with similar specifications, while the relative success of the iPhone 6 has made it harder for Apple to sustain its growth rates.After forecasting a second consecutive quarterly sales tumble in April, Chief Executive Officer Tim Cook will reveal the extent of the decline when he reports earnings July 26.China generates about a quarter of Apple s revenue, and deterioration there accounted for much of the sales drop.Huawei supplied one in four new phones in the three months through May, leapfrogging Apple to become the biggest phonemaker by market share in urban China, according to a Kantar Group study published this month.So far, it has failed to meet those expectations, even as sales have exceeded forecasts in developed economies, Lamba said.Apple may boost its China sales when the new iPhone arrives later this year, aided by the growing popularity of the App Store and customers tendency to upgrade their handsets every two years.That s one reason why Huawei and Oppo introduced their flagship phones earlier this year -- to get a head start on Apple.After last year s surge in Chinese phone sales, Apple has reaped the benefit in its App Store, with China overtaking Japan to become the second-biggest source of spending in the shop for mobile games, services, music and more, according to researcher AppAnnie.