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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
TUCSON, Ariz. — Police in Marana, Arizona are investigating after a man was reportedly holding a gun in his lap at a Starbucks near Cortaro and I-10 Saturday morning.Marana Police say around 8:45 a.m. there was a report of the man having his finger on the trigger of an un-holstered gun. The man was detained without incident when officers arrived. No one was hurt.Authorities say the man, 51-year-old James Vincent Delaney, was arrested and booked into the Pima County Adult Detention Facility on felony Disorderly Conduct and Weapons Misconduct related charges. 592

Two-year-old Zéa Lane began her battle to survive stage 4 cancer at just 3 months old.It has robbed her of meeting milestones and being able to make friends or keep up with other toddlers her age. It has paralyzed her from the chest down, with doctors saying she would never walk.As she gets older, Zéa is realizing that she's different. While wearing ballet slippers, the little girl who loves to bop around to music looked at her mother and said, "My feet are broken, Mama." 484
UPDATE: SDSU officials decided Wednesday to keep students and staff out of the building due to complaints.SAN DIEGO (KGTV) -- Nearly two dozen students and staff at San Diego State University say a chemical odor in one of the buildings made them sick.The Professional Studies and Fine Arts building was undergoing construction when the complaints began in January and has been closed since March 13. Students and staff reported sore throats, headaches, even nosebleeds. The university says there were 22 incident reports.The school says Environmental Health and Safety has performed air quality tests regularly since January showing the vapor levels in the building were non-toxic. SDSU brought in Expert Joel Berman who explained to students and staff Wednesday the two items causing the odor were coal tar pitch and asphalt. He said they were never at impermissible levels and were never a health hazard, despite the complaints of the staff.Staff did not take that well, "I think a majority of people are feeling very upset because there's this sense that we're all being gas-lit and being told that our common experience is not real or valid," one woman said.The Air Quality Control District is investigating, filing a Notice of Violation to the school as well as the contractors hired by SDSU. The violation reads, "discharging from a source, quantities of air contaminants or other material which cause injury, detriment, nuisance or annoyance to any considerable number of persons. Specifically for the application of Tremco Tremfex to the San Diego State University Professional Studies and Fine Arts building roof, causing the release of coal tar pitch volatiles into the building."The initial construction was to install rooftop mechanical shafts. The initial patching of the roof around the new shafts was done improperly, according to SDSU administrators. The re-patching was what caused the odor.San Diego State is planning to hold forums on April 3 and April 8 to give updates about the building repair and address safety concerns.President of the university, Adela de la Torre, stated they learned a lot from the forum, and it struck a chord with her. She said the university will work to be more communicative with students and staff and no one will enter the PSFA building until it is safe.If you're a student experiencing these symptoms, the university directs you to visit the Health Services Building. Staff should notify their superiors, who then file a report. 2490
UPDATE: Monday July 6th: Early Monday morning crews arrived at the harbor to retrieve the toppled Christopher Columbus statue. A dive team went into the harbor, found the statue and began pulling pieces of it out. Attempts to remove the statue from the water on Sunday failed. We're told those working to retrieve the statue are hoping to refurbish it. 360
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