Yahoo sold With the recent uproar over Yahoo’s mishandling of Tumblr, the huge telecom giants Verizon are forking over $4.83 billion to buy Yahoo’s internet business. Verizon will have paid the rights to own Yahoo internet properties such as, Yahoo Mail, Tumblr, Flickr and Yahoo Finance. This means, for the first time ever, Yahoo will be combined with Verizon’s acquisition of AOL. They will also be in control of Yahoo’s advertising tech, which means they will go head-to-head with digital advertising against Google and Facebook.
Much needed update There are plenty of updates most of us think we don’t need or ever wanted. A new software update for Android smartphone users will add a new feature that lets you know when you have a spam caller on the caller ID. If someone calls from a suspicious number, your phone’s caller ID will show a warning underneath the phone number. So far, the new feature is being rolled out to Nexus and Android One devices. Stay tuned to the market to find out when your device will be receiving this nifty little addition.
Ups and downs Apple isn’t as dominate as they once were. The company’s iPhone sales have dropped even further than last year’s disappointing numbers. Even though it beat out their estimates, it still comes out to be an unfavourable number. Samsung, on the other hand, have had the best numbers in over two years, with the net income of $5.1 billion. Keeping it in the numbers game, Alphabet, Google’s parent company, pulled in $21.5B in revenue. And just to sneak in a little rumour and hopefully help Apple out, the new iPhone is rumoured to be released on the week of September 12, 2016. Here’s hoping they beat the lowering numbers of the past two years.