Lumen will sell CenturyLink-branded assets to Apollo across 20 states and retain those in 16 states
Lumen Technologies has agreed to sell a portion of its incumbent local exchange carrier (ILEC) operations to Apollo Global Management for $7.5 billion. Lumen will retain the CenturyLink-branded assets in 16...
The Yahoo Japan transaction will go into effect after Verizon's pending deal with Apollo closes
Verizon has signed over Yahoo Japan assets to Z Holdings, a division of Japan’s SoftBank Group, for approximately $1.6 billion, securing the Japanese company’s rights to the branding and technology...
Verizon CEO: 'Verizon Media will take off in its new home'
Anyone who has followed the storyline of Verizon’s media assets knows that it’s been a somewhat rocky, convoluted journey, beginning with the carrier’s purchase of AOL for $4.4 billion in 2015, and then Yahoo...
Baidu COO talks why China is well positioned to advance A.I. systems
Las Vegas, Nev. -- During a press conference at CES, Baidu COO Qi Lu emphasized how China is poised to dominate the global artificial intelligence (A.I.) market. According to Lu, China is well positioned to...