Verizon buys Yahoo for US $5 billion

It's an end of a long, grueling era for dot com pioneer Yahoo. The long suffering company was purchased for $5 billion in cash by Verizon who adds the search portal as another of its growing list of media properties under the AOL brand (which also owns Huffington Post, TechCrunch and Engadget). 

Yahoo's diverse core internet business which is made up of web properties like Yahoo Mail, Fantasy Sports, the photo storage site Flickr ,Yahoo search and Tumblr as well as the company's advertising technology are now all part of Verizon.

Marissa Mayer, Yahoo CEO said that, "Yahoo is a company that has changed the world, and will continue to do so through this combination with Verizon and AOL." Meyer, who was hired from Google in 2012, says she plans on staying on for the next phase of Yahoo's assimilation into Verizon.

Source: BBC

First look at LG's X Power smartphone

LG's shaking up the midrange with its LG X Power smartphone. This device features a whopping 4,1000 mAh battery which doesn't only extend usage time significantly, the LG X Power is designed to act as an external charger for other smartphones, headphones and mobile accessories. Expected to come to carriers at contract pricing ranging from $ 0-50, a month. Other mid-rangey features include a 720p screen, a milti-core MediaTek MT6735 processor, fast charging capability, 2GB of RAM, 16GB of storage, and 13MP and 8MP cameras.

Sony unveils premium Z Series 4K HDR HD TVs

Sony Electronics revealed the Z series, the next generation in television display technology with the ability to reproduce the deeper blacks, brighter lights, and vibrant colours of the real world.

The new flagship Z series sits atop Sony’s current X series line-up of premium 4K HDR Ultra HD TVs, which includes the award winning X930D and X940D.

The new “Z” brand designates a significant leap forward and the ultimate in display technology. With this advance, Sony brings 4K High Dynamic Range (HDR) to a new level with ultra-contrast and even more realistic, accurate colour, in order to express what the content creators truly intended.

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Apple gets in the spirit of 2016 Olympics with limited edition Watch bands

Apple is reportedly issuing a series of limited editon Apple Watch bands to commemorate the 2016 Olympics. The bands represent country colours to bolster national pride during the awaited event which kicks off in Rio next year. 

Available exclusively in Brazil at the Apple Store at VillageMall in Barra da Tijuca, the nylon bands will represent the 14 top competing countries and should make for a nice keepsake or gift for attendees of the Olympic events. These are sure to become valued collectors items for Apple Watch aficionados.

Source: GQ