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Tag Archives: yahoo

Verizon (VZ) Stock Down 1.38% Despite Upgrade to ‘Conviction Buy’ by Goldman Sachs

Verizon stock is falling today despite the upgrade announcement by Goldman Sachs. Goldman Sachs added VZ stock to its ‘Conviction Buy’ list, explaining that the stock offers investors the most attractive combination of total returns and risks.Verizon Communications Inc (NYSE: VZ) stock dropped nearly 1.5% after the market opened on Wednesday, April 1 to trade $52.94. The drop was in contrast with most expectations, as Goldman Sachs had upgraded it to its ‘Conviction Buy’ list. The group...

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CoinMarketCap Enters Strategic Partnership with Yahoo Finance on Data Feed

In what seems like a match made in heaven Verizon’s Yahoo and CoinMarketCap which is the biggest data provider with everything concerning cryptocurrencies have decided to enter a partnership. In the framework of this collaboration, CoinMarketCap will be providing Yahoo Finance with data, historical information educational content from all its feeds concerning the crypto space. By all statistics, CoinMarketCap is the largest cryptocurrency information site by sheer volume past and current. It...

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SoftBank and Naver to Create a Joint Tech Giant in a Bid to Sidestep Competitors

Japanese multinational conglomerate holding company SoftBank has announced its decision to unite its search engine Yahoo Japan with a popular chatting app Line owned by Naver Corp. Within the agreement, Yahoo Japan and Line will merge and create a joint business to develop new opportunities for protecting themselves against competitors.According to the announcement, SoftBank and Naver will each hold 50% of a new holding company that will operate both Line and Z Holdings (Yahoo Japan’s...

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Facebook is Set to Launch News Tab Featuring Premium Content

In what has been seen by many to be a gutsy move Facebook is set to create a separate tab on users’ timelines for news which will be driven by content from major news organizations. Sources indicate that as early as tomorrow the tab will be available on users’ timelines and that the news will come from high authority websites that are owned by major news organizations.This new initiative is just what Mark Zuckerberg previewed during his testimony. “Later in this week we actually have a big...

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HuffPost Is Set for Auction by Verizon

HuffPost is apparently on its way out of the Verizon media group. Sources indicate that Verizon has already started pitching the idea of a potential sale to buyers who may be interested in acquiring the internet media organization. Although officials from Verizon declined to comment on the issue, this move amidst others indicates a shift of focus for the US-based communications company which comes as Verizon’s media arm seems to be sliding down in value.About a month ago, Verizon wrote down...

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Alibaba Founder and Chairman Jack Ma Officially Retires

Prolific Billionaire Jack Ma has stepped down as Chairman of Alibaba. After twenty years which has seen one of the biggest technology giants come from zero to hero, Ma has been one of the defining icons of the technology industry since the early days when no one thought that technology would be either this big or go this far in defining the human existence.He would remain on the board until the next Shareholders Annual General Meeting when it is expected that he will step down from the board...

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