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Varsity Tavern on Mill Avenue, Tempe, has closed its doors as @DLLC investigates allegations of misconduct. pic.twitter.com/SEecEeJ9gN— AZDLLC (@AZDLLC) July 2, 2020 173
UPDATE (July 7, 1:15 p.m.): San Diego County sheriff's officials announced the 19-year-old Spring Valley woman reported missing by her family in May was located.According to officials, Christalyne Suyat contacted sheriff's detectives on Tuesday to inform them that she was safe.No other details were released. SAN DIEGO (KGTV) -- San Diego County sheriff’s officials are asking for the public’s help in locating a young woman who has not been seen since early May.Sheriff’s Department officials said 19-year-old Christalyne Suyat was last seen on May 7. She was reported missing by her family on May 14, officials stated.Suyat is believed to be staying in the areas between Spring Valley and Chula Vista, and sheriff’s officials noted that “there is also a possibility she is in the hospital” but investigators said that has not been confirmed.Suyat is described by sheriff's officials as Hispanic with brown eyes and brown hair, and she has a distinct mole on her left cheek. She is 5 feet tall and weighs 170 pounds.According to officials, Suyat has a rose tattoo on her right hand and a Roman numeral tattoo on her left forearm.Anyone with information on Suyat’s whereabouts is urged to call the sheriff’s department at 858-565-5200. 1245
Verizon just admitted that the value of its media brand, Oath, is essentially worthless.Verizon announced Tuesday that it would take a .6 billion writedown on its the media unit, which includes Yahoo and AOL.Oath's brand value is now worth just 0 million, according to Verizon. That's a stunning decrease in value since it formed in 2017. Verizon said Oath's brand was worth .8 billion when it last accounted for the company's goodwill valuation.Verizon snapped up a number of legacy media brands in recent years to create Oath. It bought Yahoo for .5 billion in 2017 and AOL, which owns HuffPost, for .4 billion in 2015.With virtually no goodwill brand value, Oath's overall value (assets and goodwill) is now worth half of what it was a few years ago.The telecommunications giant said the integration of Yahoo and AOL didn't meet expectations.Oath "has experienced increased competitive and market pressures throughout 2018 that have resulted in lower than expected revenues and earnings," according to a filing with the SEC Tuesday. Facebook, Google and Amazon are sucking up ad dollars, forcing publishers to search for other streams for revenue.The Verizon media unit's poor performance led the company to make "unfavorable adjustments to Oath's financial projections" for the next five years.Verizon plans to focus more on wireless technology and less on content and distribution.This summer, Verizon replaced CEO Lowell McAdam with Hans Vestberg, the telecom company's former chief technology officer.In September, Oath CEO Tim Armstrong left. He was a driving force behind Verizon's media acquisitions. Armstrong was replaced by K. Guru Gowrappan, Oath's president and former chief operating officer.Verizon announced Monday that 10,400 management employees had accepted voluntary buyout deals, out of 44,000 who were eligible. The buyouts are part of a plan to cut costs and shift investments into wireless and 5G. 1942
Two people have died in a partial building collapse at an Amazon Fulfillment Center in southeast Baltimore, officials said Saturday.Baltimore Fire Department spokesman Chief Roman Clark said thermal imaging equipment was being used to determine if anyone else may be trapped inside. One of those found dead was an adult male.Brandon McBride, an employee who was working in the building at the time, described the chaos to CNN affiliate WBAL when the building collapsed. 477
Tyronn Lue has agreed to become the next coach of the Los Angeles Clippers. A person with knowledge of the situation says the final terms are still being worked on. The person spoke to The Associated Press on condition of anonymity because no contract had been signed. Lue will replace Doc Rivers, who had coached the Clippers for the last seven seasons. According to ESPN's Adrian Wojnarowski, Lue agreed to a 5-year deal. 431