July 2016: Verizon Buys Yahoo!
Here's a slideshow depicting the major U.S. news events of July 2016.
1. No Charges Filed for Hillary Clinton 2. Police Shooting in Baton Rouge 3. Police Shooting in Minnesota 4. Protest Turns Deadly in Dallas 5. Obama Sends More Troops to Iraq 6. Trump Picks Pence 7. Police Officers Targeted in Baton Rouge 8. Producer Garry Marshall Dies 9. Roger Ailes Steps Down 10. Another Nightclub Shooting in Florida 11. Hillary Clinton Makes History 12. Verizon Buys Yahoo 13. Jimmy Walker Wins PGA
- Verizon Buys Yahoo!
- On July 25, 2016, Verizon Wireless, the telecommunications company, purchases Yahoo Inc. for $4.8 billion. Four years ago Marissa Mayer, a former Google employee, took over Yahoo! in the hopes of turning the company's steady decline around, which has not happened. Verizon, who also purchased AOL last year, hopes to combine Yahoo's core business with their broadband technologies.
- Photo source: AP Photo/Elise Amendola