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Tuesday - February 21, 2017
Verizon and Yahoo on Tuesday announced new terms for the acquisition deal they inked last summer. Verizon will pay $350 million less than the original contract price, which places the new value of the deal at $4.48 billion. Yahoo will be responsible for 50 percent of any breach-related cash liabilities incurred as a result of non-SEC government investigations and third-party litigation, under the new agreement. Yahoo will be fully responsible for any liabilities resulting from shareholder lawsuits and SEC investigations. The acquisition still "makes strategic sense," said Verizon EVP Marni Waldon. [More...]

Tuesday - February 21, 2017
Facebook last week launched new features for advertising job openings on the network. Although many companies already have been using Facebook to find workers, the new functionality formalizes its job search capabilities, the company said. U.S. and Canadian businesses can use the company's new jobs bookmark to list open positions and allow users to apply directly from the site. Page administrators can track applicants and communicate directly with them using messenger. They also can boost job postings to reach a larger audience. [More...]

Tuesday - February 21, 2017
Microsoft has introduced an open source virtual reality toolkit for the training of autonomous drones. Part of Microsoft's Aerial Informatics and Robotics Platform, the beta software became available last week. It is designed to allow developers to "teach" drones how to navigate the real world by recreating conditions such as shadows, reflections and even objects that might confuse a device's on-board sensors. The software allows researchers to write code for aerial robots such as drones, and to test the devices in a highly realistic simulator. [More...]

Tuesday - February 21, 2017
The United States Consumer Financial Protection Bureau has come under increasing fire from Republican lawmakers who now have the Trump administration to back their efforts. Long-time critic Rep. Jeb Hensarling, R.-Texas, who chairs the U.S. House of Representatives Financial Services Committee, compared the bureau to a tyranny in a recent interview. Hensarling reportedly is preparing a new version of the Financial Choice Act -- the Republican-led effort to repeal and replace the 2010 Dodd-Frank Act -- that would include CFPB reforms. [More...]

 

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