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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
Two people died early Tuesday morning after attempting to escape from Immigration and Customs Enforcement Agents, according to Delano, California Police.At about 6:54 a.m. Delano Police officers responded to a call about an overturned vehicle.They found an SUV on its roof with two people inside. Investigators found that the vehicle was traveling westbound on Cecil Avenue at a high speed. The driver drove into the dirt shoulder and lost control.The car overturned and hit a pole. Both the male and female occupants were pronounced dead at the scene.Investigators found that before the crash happened, federal ICE agents attempted to pull them over. The driver pulled over but drove away once the agents got out of their car. 745

Uncle Jesse is now a first-time dad.John Stamos shared a photo late Sunday of his newborn son laying on his chest."From now on, the best part of me will always be my wife and my son," Stamos wrote. "Welcome Billy Stamos (named after my father) #NotJustanUncleAnymore #Overjoyed."Stamos, 54, married actress Caitlin McHugh, 32, in February after popping the question at his beloved Disneyland last October.The couple had announced in December that they were expecting."We have the same morals and the same values, that all clicked nicely," Stamos told People at the time. "So we said, 'Oh, well, maybe we should have a family.'"The "Fuller House" star posted a throwback pic last month from his "Full House" days showing his character, Uncle Jesse, sporting a baby bump and a shirt which read "Bun in the Oven.""This is the longest 9 months of my life! #cantwait 4 #fatherhood," he wrote in the caption. 916
Users have become more and more aware of Facebook tracking your personal data, with many now taking steps to better secure their information on the social media site. Most recently, online users have become more aware of the fact that Facebook keeps track of what it thinks your political affiliation is, based on what you post and what posts and pages you like.This data is most likely used to find relative advertisements and pages to show you in your news feed, but some say it is an invasion of privacy.If you’d like to check where Facebook thinks you stand on politics, take the following steps: Go to your settings –> ads –> your information –> your categories –> and look at the category of US politicsCategories include very liberal, liberal, moderate, conservative or very conservative. 825
Two dogs were rescued after they were left inside a hot car in Brooklyn Saturday afternoon.NYPD Emergency Service Unit responded to 64th Street in Brooklyn and quickly gained access to the dogs, NYPD Special Ops said on Twitter.Oxygen was administered as the dogs were getting cooled down by officers.Both dogs were taken to the animal hospital where one is in critical condition with a strong heartbeat, police said.The dogs’ owner was arrested.Saturday’s temperatures reached highs in the 80s and low 90s. Temperatures inside cars are known to be even hotter than outdoor temperatures. 595
来源:资阳报