Tech & Science Yahoo shareholders approve sale of core business to Verizon

06:50  09 june  2017
06:50  09 june  2017 Source:   Reuters

HP's 'fighter-jet' Omen gaming PCs are VR-ready

  HP's 'fighter-jet' Omen gaming PCs are VR-ready HP has unveiled its latest Omen desktop and laptop gaming PCs with a refreshed, "fighter-jet"-inspired design and VR-certification, along with an external graphics accelerator that doubles as a storage booster. Calling such an angular, beefy device "Max-Q" is lol-worthy, but the top-shelf Omen 15 laptop should be a decent performer thanks to an Intel Core i7-7700HQ CPU and Max-Q-ready GTX 1060 graphics. That's not at the top-end of NVIDIA's spec, but it also gives the model VR certification -- until now, only the 17-inch Omen had that honor.

Yahoo Inc shareholders on Thursday approved the company's pending sale of its core internet business to Verizon Communications Inc for .48 billion, according to preliminary results from a shareholder meeting.

Yahoo Inc (YHOO.O) shareholders on Thursday approved the company's pending sale of its core internet business to Verizon Communications Inc (VZ.N) for .48 billion, according to preliminary results from a shareholder meeting.

A Yahoo logo is pictured in front of a building in Rolle © REUTERS/Denis Balibouse/Files A Yahoo logo is pictured in front of a building in Rolle REUTERS - Yahoo Inc shareholders on Thursday approved the company's pending sale of its core internet business to Verizon Communications Inc for $4.48 billion, according to preliminary results from a shareholder meeting.

Yahoo expects that the deal will close on June 13, 2017.

The company also said it extended a tender offer to buy back up to $3 billion shares to June 16 from June 13.

The closing of the deal, announced in July, had been delayed as the companies assessed the fallout from two data breaches that Yahoo disclosed last year.

After the Verizon deal, Yahoo will be renamed Altaba, a holding company whose primary assets will be its stake in Alibaba Group Holding Ltd and a 35.5 percent stake in Yahoo Japan Corp.

(Reporting by Anya George Tharakan in Bengaluru; Editing by Shounak Dasgupta)

Verizon's first LTE-only handset is an LG flip phone .
When Verizon finished rolling out its LTE network for calls, it became apparent that it also plans to drop its CDMA phone service altogether. Now, the carrier has begun offering its first LTE-only handset to subscribers, and it's obviously an attempt to lure people who prefer basic feature phones over smartphones away from the legacy network. The LG Exalt LTE is a flip feature phone, and even though it looks much nicer and sturdier than its plasticky counterparts, it's still far removed from the advanced devices we're used to today.

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