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BuzzFeed Going Public Via SPAC Merger: What Investors Should Know
Thursday, June 24, 2021 - 2:53pm | 594Digital content and commerce company BuzzFeed is going public in a SPAC deal bringing a portfolio of brands aimed at millennials and Gen Z to the market. The SPAC Deal: BuzzFeed is merging with 890 Fifth Avenue Partners Inc (NASDAQ: ENFA) in a deal valuing the company at $1.5 billion. As part...
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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...
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Journalist Who Died In Car Accident Feared Government Was Tracking Him Before Death; WikiLeaks Documents May Have Vindicated Him
Tuesday, March 7, 2017 - 4:08pm | 608As Americans attempt to digest WikiLeaks' latest revelations that the CIA developed an extensive domestic spying apparatus, it may be relevant to explore the life of a fallen journalist who was pulling a similar thread. WikiLeaks revealed Tuesday the CIA has developed cyber espionage...
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Pre-Retirees, Pay Attention To Social Security Reform Act H.R. 6489
Monday, December 12, 2016 - 6:18pm | 1157With the Republicans in control of Capitol Hill, the outlook for Social Security in its current iteration is uncertain as many party members argue for sweeping reforms to Social Security to reduce government spending. Add to that the unreliability of President-elect Donald Trump's rhetoric...
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Arianna Huffington Leaving Publication To Pursue Health Startup
Thursday, August 11, 2016 - 10:32am | 530Huffington Post co-founder, Arianna Huffington, expressed her intention to leave the company in the next few weeks to focus on a new venture, Thrive Global. Incidentally, she got funding for her new venture only late last week, according to the Wall Street Journal. Huffington Post became a...
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Failed Turkish Coup Consequences: Heightened Western Tensions, Increased Authoritarianism And 'Fleeing' Foreign Capital
Monday, July 18, 2016 - 3:27pm | 578The recent failed coup d'état in Turkey attempt has caused headaches for Turkish investors due to three immediate consequences from the event. These reactions include increased U.S./E.U.-Turkey relations, heightened authoritarianism from Recep Erdogan, president of Turkey and increased...
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Financial Interactions Between Parents And Adult Children: Money Talks, Involvement And Aid
Monday, May 30, 2016 - 1:05pm | 838Talking about money is rarely easy. Within our society (the Deaf community aside), it is often seen as inappropriate, impertinent and contemptuous. However, as with most things in life, in order to be proficient in handling the tangible, conversing on the subject is actually quite necessary....
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Uber Once Made Ariana Huffington Feel Like A Greek Goddess, Now She's Joining The Board
Wednesday, April 27, 2016 - 8:31am | 244Uber, the popular ride sharing platform, announced on Wednesday that Arianna Huffington will join its board of directors. Huffington is the founder and editor-in-chief of the Huffington Post. Uber's CEO Travis Kalanick stated that he is friends with the media mogul who "believes deeply in our...
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New Hot Details From The AOL-Verizon Merger
Tuesday, May 26, 2015 - 4:58pm | 441An SEC filing posted on Tuesday afternoon has revealed some additional details surrounding the AOL, Inc. (NYSE: AOL) - Verizon Communications Inc. (NYSE: VZ) merger. The Context A few days ago, rumors about a sale were finally confirmed, as Verizon agreed to pay $50 per share in cash (or...
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Re/code Reports AOL In Talks To Sell Huffington Post
Tuesday, May 12, 2015 - 1:22pm | 278Verizon Communications Inc. (NYSE: VZ) might dump the Huffington Post when it completes the $4.4 billion acquisition of AOL, Inc. (NYSE: AOL). The once high-flying AOL has been in "advanced discussions about a HuffPo spin-off" according to unidentified sources cited by Re/code....
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Congress Considers Making Offshore Tax Loopholes Permanent
Tuesday, April 8, 2014 - 8:56am | 794On Tuesday, the House Ways and Means Committee holds a hearing to discuss making permanent several of multinationals’ favorite tax code provisions, including the Apple loophole. Thus the House, like the Senate, is in the early stages of enacting these expired provisions yet again. That’s how...
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Jon Brod to Leave AOL for Startup Culture
Tuesday, December 10, 2013 - 12:48pm | 177AOL executive Jon Brod is set to leave the company, according to AllThingsD. On December 9, AllThingsD reported that Brod leaving the company has been widely anticipated. Brod most recently ran the company's venture arm which has been “in a bit of limbo for a while.” See also: Laurent...
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How Will The Senate's Immigration Bill Affect the Technology Industry?
Monday, May 20, 2013 - 3:33pm | 314A new Senate Bill attempts to change life for several immigrants in the United States, but they will not be the only ones affected. Investors are left wondering how companies feel about this bill. Last Friday, the Senate Judiciary Committee began hearings for a bill it hopes to pass this week....
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AOL CEO Tim Armstrong Says $315M Investment in Huffington Post Has Paid Off
Wednesday, May 8, 2013 - 2:53pm | 233Following the company’s earnings report Wednesday morning, AOL (NYSE: AOL) CEO Tim Armstrong came onto CNBC’s Street Signs to give a bit of color to the company’s report. Below are some highlights: How do you Feel About the Earnings Report? The company (AOL) has clear strategy, and is...
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ETFs Honey Boo Boo Might Buy
Thursday, September 27, 2012 - 4:22pm | 541Reserving quips about the decline of American culture, which was probably marked by the debut of television show revolving around the Kardashians and puns about the Mayans being right, the reality is TLC's "Here Comes Honey Boo Boo" has viewers. In fact, the reality show about a young beauty...