Yahoo is under renewed scrutiny after its second disclosure of breach within this year. The major hacking incidents the company has been involved in puts a risk on its deal with Verizon. Although Verizon has not confirmed any plans of ditching the purchase, reports indicated that the company is demanding for better deal terms for the acquisition.
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Germany Has Legal Standing To Charge Facebook €500,000 For Each Fake News Post
Germany could fine Facebook €500,000 for each fake news post. The country of Germany isn't confident Facebook can self-regulate its fake news problem.
Pentagon Announces China Agrees to Return Seized Drone, Ending Standoff
China Agrees to Return Seized Drone, Ending Standoff, Pentagon Says Saturday, Pentagon said that Beijing had agreed to return an underwater drone seized by China in international waters, an indication that the two countries were moving to resolve an unusual incident that risked sharpening tensions in the run-up to the inauguration of President-elect Donald J.
Fox Strikes $14.6 Billion Deal With Sky
After a failed attempt to buy Sky in 2010, Fox moved again to acquire 61% of the company through a $14.6 billion deal. The deal, however, faced opposition over concerns of potential over-concentration of power since Rupert Murdoch also owns stakes in other firms in the U.K.
Julia Roberts Confirmed To Star In Her First Ever TV Series
Oscar-winning actress Julia Roberts is set to star in the TV adaptation of the novel "Today Will Be Different." This marks her first lead role in the small screen after taking on numerous memorable roles in movies.
Latest News
Russia and Japan agree to set up $1 billion investment fund. The countries of Japan and Russia will create a $1 billion fund to invest in joint energy and infrastructure projects over the next five years, the leaders of the two countries said in Tokyo Friday at the end of meetings that looked cozy but fell well short of Japanese expectations.
Bill Gates, Others Launch Clean Energy Fund. Bill Gates, Microsoft Corp. co-founder said Monday that he and other business leaders are launching a $1 billion clean-technology fund that will start investing next year in companies developing low-cost, low-carbon technologies.
Women's Fund of Western Massachusetts offers $240K in grants. The Women's Fund of Western Massachusetts, which works to empower women and girls through partnerships with area programs, has announced the availability of $240,000 in multi-year grant money for organizations that collaborately serve that population in Berkshire, Franklin, Hampden and Hampshire counties.
Verizon is said to have threatened to go to court to get out of the deal if it is not repriced. Yahoo YHOO -6. 11% came under renewed scrutiny by federal investigators and lawmakers on Thursday after disclosing the largest known data breach in history, prompting Verizon Communications VZ 0.
Ukraine commends EU step to secure association deal Petro Poroshenko, Ukraine President on Friday praised a European Union decision which paves the way for final agreement on a cooperation accord between Ukraine and the bloc.
Apache Spark has raised $60 million in its latest round of funding. The company said that the new investment will be used to expand product development.
Infosys has invested an undisclosed amount to homegrown startup ideaForge from its Innovation Fund. ideaForge has been a known manufacturer of unmanned aerial vehicles in India.
A recent study that focused in measuring health care openness and access ranked Vermont among the worst in the nation. Jared Rhoads, a research project manager with the Dartmouth Institute for Health Policy and one of the authors of the study, cited the state's over-regulation as one of the factors for the ranking.
NAFA's bid to delay the implementation deadline of the fiduciary rule has been defeated after the federal court rejected the group's request. The new regulation has been opposed by many industry members, but the Department of Labor has also been active in defending the matter in several courts.
