Yahoo

The telecommunication giant Verizon.

Yes, Verizon Communications Inc. is reportedly closing in on a deal to acquire Yahoo’s core business for about $5 Billion, according to a report from Bloomberg.

Since the agreement between the companies has not been finalized, it is unclear at this moment that which Yahoo's assets the deal would include.
 

Investors are likely to be disappointed by the lack of an update on the sale of its search and advertising operations.

Chief executive Marissa Mayer said only that the board had made "great progress on strategic alternatives".

Yahoo reported a $60m rise in revenue to $1.3bn for the three months to June.

The increase was mainly generated by its core internet business, although mobile revenue jumped from $252m to $378m.

In private meetings on Capitol Hill, industry officials have told lawmakers and congressional staff that they already ban grisly content like beheadings and alert law enforcement if they suspect someone might get hurt, as soon as they are aware of a threat.

These services come as smartphone cameras get better, and people take more photos and video with them. The problem is many of the images simply sit on the phones, taking up valuable space. Worse, digital memories can disappear when phones are lost or stolen.