Yahoo has agreed to sell its core business to telecom giant Verizon for $4.8 billion, ending a 20-year run by the internet pioneer as an independent company, the firms announced Monday. The acquisition, expected to close in early 2017, will exclude Yahoo's cash, certain patent holdings, and its big share in China's Alibaba Group and stake in Yahoo Japan. The deal will, however, turn over the popular Yahoo News, Mail and other online services used by more than a billion people worldwide.
PHILADELPHIA (AP) — Angry Democrats heckled outgoing party chief Debbie Wasserman Schultz with boos and cries of "shame!" on Monday as the party tried to move past an embarrassing email controversy and heal divisions before this week's national convention begins.