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Verizon's Voluntary Layoffs: What You Need To Know
Tuesday, December 11, 2018 - 3:14pm | 336Telecom giant and Dow Jones component Verizon Communications Inc. (NYSE: VZ) said Monday that 10,400 of its employees accepted an offer to voluntarily retire from the company ahead of a push into 5G. What Happened Verizon's "well-planned and anticipated" move to lower its headcount...
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The Head Of Yahoo! Finance To Lead Personal Finance Fintech Panel At The 2018 Benzinga Fintech Summit
Monday, October 8, 2018 - 4:02pm | 357The Benzinga Fintech Summit is a gathering of the top leaders in payments, lending, capital markets, blockchain and cryptocurrencies in San Francisco Nov. 14. Why You Should Be There Many fintech startups are attempting to crack open the financial services industry because of its massive consumer...
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Marissa Mayer: Activist Campaigns Eroded 'Tens Of Billions Of Dollars Of Upside' At Yahoo
Thursday, April 19, 2018 - 3:18pm | 410Back in 2012, activist investors Carl Icahn and Dan Loeb pressured Yahoo to sell half its stake in Alibaba Group Holding Ltd (NYSE: BABA). While meant to unlock shareholder value, the campaigns ultimately stunted continued returns. Former CEO Marissa Mayer, who inherited Yahoo shortly after the...
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Helios And Matheson CEO Projects 6 Million MoviePass Subscribers In 2018, Says 12% Are 'Overusers'
Friday, April 6, 2018 - 2:29pm | 661The popularity of Moviefone — a staple for moviegoers in the 1990s and of Seinfeld fame — may have waned, but MoviePass hopes to leverage the website's 6 million unique visitors per month. What Happened Helios and Matheson Analytics Inc (NASDAQ: HMNY) acquired Moviefone...
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Massive Media Layoffs Begin As Verizon Juggles HuffPost, AOL, Yahoo
Thursday, June 15, 2017 - 10:27am | 379Immediately after completing its acquisition of Yahoo! Inc. (NASDAQ: YHOO), Verizon Communications Inc. (NYSE: VZ) began trimming its expanding media portfolio. The Huffington Post, operated by Verizon subsidiary AOL, laid off 39 employees Tuesday, including the publication’s lone Pulitzer...