🤝 Verizon sells Yahoo and AOL businesses to Apollo for $5 billion
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Verizon sells Yahoo and AOL businesses to Apollo for $5 billion. Verizon will sell its media group, which includes brands from AOL and Yahoo, to private equity firm Apollo Global Management. The sale indicates Verizon will focus on its internet-provider businesses as rivals continue to explore media. (Steve Kovach via CNBC)
Facebook and Instagram notices in iOS apps tell users tracking helps keep them 'free of charge'. Facebook is continuing its campaign against Apple's iOS 14 privacy updates, adding a notice within its iOS app telling users the information it collects from other apps and websites can “help keep Facebook free of charge.” (Kim Lyons via The Verge)
Millions Are Saying No to the Vaccines. What Are They Thinking?. Several days ago, the mega-popular podcast host Joe Rogan advised his young listeners to skip the COVID-19 vaccine. “I think you should get vaccinated if you’re vulnerable,” Rogan said. “But if you’re 21 years old, and you say to me, ‘Should I get vaccinated?’ I’ll go, ‘No.’” (Derek Thompson via The Atlantic)
Ether Hits $3,000 as Bitcoin's Crypto Dominance Declines. The rise of Ether suggests there’s room for more than one winner among digital tokens as the sector evolves. Bitcoin now accounts for about 46% of total crypto market value, down from roughly 70% at the start of the year, and Ether makes up 15%, according to tracker CoinGecko. (Joanna Ossinger via Bloomberg)
Americans Can't Get Enough of the Stock Market. Individual investors are holding more stocks than ever before as major indexes climb to fresh highs. They are also upping the ante by borrowing to magnify their bets or increasingly buying on small dips in the market. (Gunjan Banerji via Wall Street Journal)
Hangry, an Indonesian cloud kitchen startup with plans to become a global F&B company, closes $13M Series A. Hangry, an Indonesian cloud kitchen startup that wants to become a global food and beverage company, has raised a $13 million Series A. The round was led by returning investor Alpha JWC Ventures, and included participation from Atlas Pacific Capital, Salt Ventures and Heyokha Brothers. (Catherine Shu via TechCrunch)
Americans Are Most Optimistic About The U.S. In Nearly 15 Years, New Poll Shows. Fresh off President Joe Biden's first 100 days in office, Americans are the most optimistic they've been about the nation's direction in nearly 15 years, according to a new poll released Sunday, but as the president looks to muster up support for his two new fiscal proposals, taxes and partisanship are among issues keeping the nation deeply divided. (Jonathan Ponciano via Forbes)
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