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Yahoo beats Wall Street view, sees Verizon deal closing in second quarter

Yahoo Inc on Monday reported better-than-expected quarterly profit and revenue, and said the sale of its core internet business to Verizon Communications Inc should be completed in the second quarter, allaying some investor concerns that the deal might collapse.

Recent Technology News

'Resident Evil' goes back to survival horror roots for new game

LONDON Videogame series 'Resident Evil' goes back to its 'survival horror' roots for its new installment with players experiencing the new game from a first person perspective for the first time, according to Japanese videogame maker Capcom. | Video

Entertainment, 1:12pm EST

Beyond Pokemon Go: augmented reality catches Jon Hamm at Sundance

PARK CITY, Utah Attendees at the Sundance Film Festival can use augmented reality (AR) to hang out with "Mad Men" star Jon Hamm or assemble a human brain, as makers of the new immersive technology seek to engage independent filmmakers.

Entertainment, Film 4:59pm EST

LG Display reports record fourth quarter profit of $778 million

SEOUL South Korea's LG Display Co Ltd said on Tuesday its fourth-quarter operating profit rose 180 percent from a year earlier in its largest quarterly profit ever, due to a pickup in panel prices.

5:53pm EST

Xiaomi executive Barra, who drove smartphone maker's global push, steps down

BEIJING Hugo Barra, the most prominent global executive at China's Xiaomi Inc [XTC.UL], has left the smartphone maker citing health concerns and a new job, dealing a fresh setback to a firm that is struggling to recover ground ceded to rivals.

China 6:16am EST

Sprint to buy a third of Jay Z's music streaming service Tidal

U.S. wireless carrier Sprint Corp said on Monday it would buy 33 percent of Tidal, a music streaming service owned by rapper Jay Z, marking a move to more content driven services in a highly competitive wireless market.

Entertainment, Deals, Music 12:00pm EST