Techmeme
July 25, 2016, 1:50 PM

Top News

Verizon Communications Inc.:
Verizon confirms plans to acquire Yahoo's Internet business for $4.83B in cash; deal excludes some IP, stakes in Alibaba and Yahoo Japan  —  Transaction will create a new rival in mobile media technology reaching over 1B users* with an unrivaled roster of the world's most beloved brands
Yahoo:
Marissa Mayer says she plans to stay at Yahoo but does not specify for how long, in company wide email  —  Today is a big day for Yahoo! This is the email that I sent to Yahoos around the world today.  Given the interest around our journey to this point, I wanted to share more about today's announcement.
Ingrid Lunden / TechCrunch:
Yahoo's remaining assets to rebrand after sale to Verizon in 2017  —  One asset that Verizon will be getting as part of its $4.83 billion acquisition of Yahoo's core assets, which it did not specifically mention in its big announcement today, is Yahoo's (in)famous brand — main name, purple color and exclamation mark all included.
Daisuke Wakabayashi / Wall Street Journal:
Sources: Apple taps highly regarded hardware executive Bob Mansfield to oversee car project  —  Highly regarded executive helped bring to market many of Apple's signature products  —  Apple Inc. has tapped a highly-regarded senior executive who helped bring to market many of Apple's signature products …
Bloomberg:
Nintendo stock plummets after it warned on Friday that the financial impact of Pokémon Go will be limited  —  Shares can fall as much as 18 percent today, per exchange rule  —  Nintendo's U.S.-listed shares dropped 11 percent on Friday  —  Nintendo Co. shares plunged after the company …
CBS News:
FBI is investigating suspected Russian hack of DNC, which led to an email trove on Wikileaks  —  WASHINGTON — The FBI confirmed Monday that it's investigating the hack involving Democratic National Committee (DNC) emails.  —  “The FBI is investigating a cyber intrusion involving the DNC …
Ingrid Lunden / TechCrunch:
Security-as-a-service startup StackPath nabs $180M, 4 acquisitions including MaxCDN  —  A mass migration of IT services to the cloud, coupled with a huge growth of connected devices, has created a perfect storm for security breaches with some 400 million malware attacks identified last year alone according to IDC.
Microsoft:
Student teams want to build a better world through Imagine Cup  —  Students from around the globe are at Microsoft headquarters in Redmond, Washington, this week to compete for more than $200,000 in cash and prizes.
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Microsoft:
Student teams want to build a better world through Imagine Cup  —  Students from around the globe are at Microsoft headquarters in Redmond, Washington, this week to compete for more than $200,000 in cash and prizes.
eero:
Tired of slow, unreliable WiFi?  Join the eero beta program!  —  Want to help us build the best WiFi system for modern homes and test new hardware + features before anyone else?  Project E.E.R.O. is open for applications!
Worldpay:
Seamless, simple, intuitive  —  Where's your checkout experience falling short?  Find out more.
Zoho:
Make expensing easy with Email Receipts!  —  For people who are always working on the go, there's bound to be a lot of receipts in their inbox.  From cab services like Uber to hotels and travel organizations …
Brookings Institution:
Why Pokemon Go's technology is no fad  —  Pokemon Go has ignited the digital world.  Every news organization has reported on why Pokemon Go, the smartphone app based on the Japanese cartoon game from the 1990s, is extraordinarily popular.
 

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Rose Eveleth / Fusion: