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TULSA, Okla. — President Donald Trump pressed ahead with his comeback rally in the midst of a pandemic Saturday by declaring “the silent majority is stronger than ever before."But what was meant to be a show of defiant political force in Tulsa, Oklahoma, was instead met with thousands of empty seats and new coronavirus cases on his own campaign staff.Watch the rally below: 383
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

Turkish President Recep Tayyip Erdogan announced a boycott of American electronics Tuesday after US President Donald Trump's decision to hike tariffs on Turkish steel imports."Whatever we buy from abroad we are going to produce here in better quality and export it. We are going to boycott US electronics," Erdogan said at celebrations of the 17th anniversary of his Justice and Development Party."If they have the iPhone on the other hand there is Samsung. In our country we have Venus and Vestel," he said, referring to a Turkish-made phone made by electronics manufacturer Vestel."What we can do is proved by what we have done so far. Whatever we pay for from abroad, we will do here," he said.It is not clear if this will be an official government boycott or just a call to the Turkish public to stop buying American electronics. 841
Uber is adding another transportation option on its app: the electric bike.The new electric motor option called JUMP is just in a few cities right now, but the company hopes to soon make it nationwide.“It's part of a growing mobile effort by Uber to provide all kinds of modes of transportation,” says Dave Nelson, director of operations for JUMP Bikes. “JUMP is an electric, dockless bike that allows you to go further faster and have more fun doing it.” Similar to electric scooters, the bikes start at ; for every minute after the first, it costs United States' Ambassador to the United Nations Nikki Haley said Sunday the Trump administration will announce more sanctions against Russia on Monday.On CBS's "Face the Nation," Haley said the Treasury Department will announce the new sanctions and insisted the US has sent "a strong message" about the use of chemical weapons."You will see that Russian sanctions will be coming down," said Haley, reiterating what she said earlier on Fox News. "Secretary Mnuchin will be announcing those on Monday, if he hasn't already."While insisting the action taken early Saturday morning in Syria was "a very strong attack on the chemical weapons program," Haley hit back on more hawkish critics who argue the US didn't go far enough because it did not change the balance of power in the long-running Syrian civil war."Our job was never to take Assad out," Haley said, referring to Syrian President Bashar al-Assad. She added that the conflict must ultimately be resolved through a UN-led political process. "Our job was never to start a war."Haley also said the response by the Trump administration was "cumulative," taking into account not only the recent chemical weapons attack in Douma, but also other, smaller, attacks. The action, she added, came after diplomatic options had been exhausted.When asked on "Fox News Sunday" about "how our relationship with Russia has changed this week," Haley said that relations are "very strained.""If you look at what Russia is doing, they continue to be involved with all the wrong actors, whether their involvement in Ukraine, whether you look at how they are supporting Venezuela, whether you look in Syria and their way of propping up Assad and working with Iran, that continues to be a problem," Haley said, adding that the use of a poisoning agent against a spy in England is "another issue."She added that Russia is feeling the effects of US actions including "the sanctions that are continuing to happen, which you'll see again on Monday.""Right now they don't have very good friends and right now the friends that they do have are causing them harm," Haley said, referring to Russia. "I think they're feeling that."Haley also said that although "it is all of our goal to see American troops come home," the United States won't leave Syria before accomplishing President Donald Trump's three major goals: eliminating the threat of chemical weapons attacks in Syria, defeating ISIS "completely and wholly," and making "sure that we had good grounds to watch what Iran was doing. ...""What (Trump) has done is talked to our allies and said they need to step up more. They need to do more. And it shouldn't just be us doing it. I think that's the right approach," Haley added. "But be very clear, if we leave, when we leave, it will be because we know that everything is moving forward." 2834.15.Users log into their Uber app in order to request the bike. The app tells you where the bike is located. Once you find your bike, you simply punch in a code and the bike is yours to use.So, what makes Jump bikes different than the motorized transportation options already available?“It is a dockless bike that allows you to pick it up, lock it, drop it off anywhere that's convenient for you,” explains Nelson. “And then, the biggest difference is, that it's electric. It takes you 20 miles per hour and lets you get to where you are going a little quicker.” 1130
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