1. Yahoo was hacked in 2014, compromising 500 million yahoo accounts's passwords, names, DOBs, ect. This is one of the biggest cyber hacks to ever take place, and is a huge embarrassment for Yahoo. The hack is believed to be sponsered by Russian intelligence agencies.
2. $4.8 Billion Dollars
3. Verizon is investigating because they are in the process of buying Yahoo, and are still investigating the nature of the hack and assessing the damage
4. Verizon agreed to acquire Yahoo last July
5. Verizon wants to become a third player in the advertising market
6. Alphabet is Google's parent company, basically the company that owns Google
7. Facebook and Google
Samsung Discontinues the Galaxy Note 7 Over Fire Concerns
1. The Samsung Note was planned to take the market back from Apple, but the battery has been catching on fire, which is a huge nightmare for Samsung. Though this kind of thing has happened before, Samsung is in particular trouble because they new phones they are supplying are exploding as well. Hopefully, they can recover, as Samsung is a very far looking company, and are very innovative.
2. The Galaxy Note 7, due to battery explosions in the phone.
3. The Note 7 had been on the market since August.
4. Samsung originally offered to replace the phone with a new Note 7, but after reports that even the new phones were exploding, they recalled all the phones.
5. This could cost Samsung $17 Billion
6. Down 8%
7. The iPhone 6s and iPhone 7, both the market dominating smartphones
8. Verizon will shift its focus to other phones as opposed to the Note.
9. Verizon will concentrate on its other phones, such as the new iPhone 7, and the brand new line of phones from Google called the "Pixel".
2. The Galaxy Note 7, due to battery explosions in the phone.
3. The Note 7 had been on the market since August.
4. Samsung originally offered to replace the phone with a new Note 7, but after reports that even the new phones were exploding, they recalled all the phones.
5. This could cost Samsung $17 Billion
6. Down 8%
7. The iPhone 6s and iPhone 7, both the market dominating smartphones
8. Verizon will shift its focus to other phones as opposed to the Note.
9. Verizon will concentrate on its other phones, such as the new iPhone 7, and the brand new line of phones from Google called the "Pixel".
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