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8 Apr 2021 14:16

Honda, Verizon announce partnership to develop 5G tech for safer vehicles

(Sharecast News) - Honda and Verizon announced a partnership on Thursday to research how 5G and mobile edge computing (MEC) could improve safety for connected vehicles.

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26 Jun 2020 09:55

Verizon cuts Facebook ads in growing boycott

(Sharecast News) - Verizon joined companies such as Ben & Jerry's and Patagonia in a boycott against Facebook and pulled its ads from the social media platform.

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23 Dec 2019 12:36

Verizon launches 5G tech in over 30 cities

(Sharecast News) - Verizon has launched its 5G technology in over 30 cities and 15 NFL stadiums in the US on Monday, reaching its goal before its deadline for an initial roll-out by the end of 2019.

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2 Aug 2016 14:43

Yahoo investigates data breach from Myspace and LinkedIn hacker

(ShareCast News) - Internet company Yahoo is investigating reports that 200 million of its users' account details have been published on the dark web by a hacker linked to similar breaches at MySpace and LinkedIn. Passwords and usernames have been put on sale for thousands of poundsIt is unclear whe

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1 Aug 2016 14:32

Verizon to clinch deal to acquire Fleetmatics for $2.4bn

(ShareCast News) - US telecommunications giant Verizon is spreading its wings once again as it plans to acquire Dublin-based telematics company Fleetmatics in a deal believed to be valued at around $2.4bn. The agreement is expected to be finalised in the fourth quarter of this year, with Verizon pay

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25 Jul 2016 09:33

Verizon Communications buys Yahoo for $4.8bn

(ShareCast News) - Verizon Communications on Monday confirmed reports that it will buy Yahoo's operating business for $4.8bn. Yahoo will be integrated with Verizon's AOL business under Marni Walden, president of the product innovation and new businesses organisation at Verizon. "The acquisition of

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22 Jul 2016 15:11

Verizon closing in on Yahoo deal - reports

(ShareCast News) - Verizon Communications Inc. is said to be closing in on a deal to buy Yahoo! Inc, according to Bloomberg sources. Deal fore the company's core internet business thought to be in the region of $5 billionSet to be announced in the coming days according to reportsThe company's core i

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19 Jul 2016 14:51

Yahoo's core business down to final five bidders - CNBC

(ShareCast News) - The sale of Yahoo's core business has come down to a final round of five bidders, CNBC reported citing sources. Sale of the company came about after pressure from investorsFinal bids were expected on Monday for the internet business, as CEO Marissa Mayer said that her company was

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27 May 2016 14:57

Week ahead: Manufacturing surveys, US jobs report in focus

(ShareCast News) - Economic data over the coming holiday-shortened week will provide investors with further clues on the staying power of the US economic expansion and clues regarding the efficacy, or not, of the most recent monetary easing undertaken in China and in the euro area. To take note of,

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26 May 2016 15:19

Friday preview: Yellen may refrain from policy remarks

(ShareCast News) - On an otherwise quiet Friday for UK stocks and data, traders eyes should swivel firmly across the Atlantic as Federal Reserve chair Janet Yellen speaks amid newly heightened anticipation of a US interest rate hike. Minutes after the University of Michigan releases its latest readi

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11 Apr 2016 08:29

Daily Mail said to be mulling bid for Yahoo

(ShareCast News) - The Daily Mail's parent company had held talks with half a dozen private equity outfits regarding a potential bid for some of US internet giant Yahoo's assets, The Wall Street Journal reported on Sunday. US telecommunications outfit Verizon Communications was one of a wide grou

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21 Jul 2015 14:36

Verizon drops into the red after second-quarter numbers

(ShareCast News) - Shares in Verizon fell after the company posted better-than-expected second-quarter earnings per share but missed on revenue. The wireless carrier posted EPS of $1.04, which was ahead of analysts' forecast of $1.01, but revenue came in a little lower at $32.2bn, up 2.4% from the s

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14 May 2015 06:39

Thursday newspaper round-up: Bank of England, UK budget deficit, Saudi oil

The US Department of Justice is probing what the Bank of England knew about the alleged manipulation of FX markets, questioning traders previously interviewed as part of the BoE's own investigation, writes the Financial Times. "US prosecutors are concerned over the thoroughness of the BoE's report a

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21 Apr 2015 17:11

Verizon Communications drops following quarterly results

Profits at US telecommunications giant Verizon Communications dropped sharply at the start of 2015, although growth in customers numbers remained strong thanks to promotions. First quarter net income declined 27.5% to reach $4.4bn or $1.02 per share in adjusted terms. Analysts had been anticipating

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6 Jan 2015 06:43

Tuesday newspaper round-up: Verizon-AOL, RBS, Tesco...

Verizon Communications is in talks with AOL about a possible deal to take over the latter or set up a joint venture, The Telegraph said, citing reports. It is thought that Verizon wants to use AOL to expand its mobile video operations. RBS' deputy chief executive Chris Sullivan has left the bank "se

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