Snap of Clinton reading Pence email headline goes viral

A photo of former U.S. presidential candidate Hillary Clinton glancing at a newspaper headline about U.S. Vice President Mike Pence using private email has gone viral on social media, with thousands of people commenting on it.

Pence and others involved in the Republican presidential campaign last year criticized Clinton's use of a private email server during her time as US Secretary of State.

Clinton was on an airplane traveling from Boston to New York on Friday when a fellow passenger snapped a photo of her glancing down at Friday's USA Today newspaper front page headline "Pence used personal email in office".

Pence's use of an AOL email account was first reported by the Indianapolis Star on Thursday. It said Pence used the account, which was hacked last summer, at times to discuss sensitive matters and homeland security issues while he was governor of Indiana.

Pence said on Friday he had complied with Indiana laws in his use of the email account, and he had an outside attorney review his private email records and archive those related to state business.

During the campaign, US President Donald Trump and Pence said Clinton's use of a private server broke the law and endangered national security - complaints that led their supporters to chant "Lock her up!" at rallies.

The State Department's internal watchdog said Clinton's use of a private server broke department rules. The FBI reviewed her emails for classified material, but it found that no criminal charges were warranted.

(Reporting by Brendan O'Brien in Milwaukee; Editing by Alexander Smith)

source: news.abs-cbn.com

Verizon to buy AOL in $4.4 billion deal

Verizon Communications Inc. said it would buy AOL Inc. in a $4.4 billion deal that gives the biggest U.S. wireless carrier access to AOL's successful digital advertising service and content including the Huffington Post news website.

The offer of $50 per share represents a premium of 17.4 percent to AOL's Monday close of $42.59.

AOL shares traded as high as $50.70 before the opening bell on Tuesday. Verizon shares were down about 1 percent at $49.32.

The deal, which includes about $300 million of AOL debt, will take the form of a tender offer followed by a merger, with AOL becoming a wholly owned subsidiary of Verizon.

Verizon said it expects to fund the transaction from cash on hand and debt.

Tim Armstrong, who has spearheaded AOL's transformation into one of the most successful advertising technology companies, will continue to lead the company after the sale.

"When you look at where we are today and where we are going, we have made AOL as big as it can possibly be in today's landscape," Armstrong told CNBC.

"..There is no better partner for us to go forward with than Verizon," he said.

Activist-investor Starboard Value LP had urged Yahoo Inc. to consider a merger with AOL, whose businesses include the TechCrunch blog.

AOL reported a 7.2 percent rise in first-quarter revenue to $625.1 million, boosted by demand for its real-time bidding platform that helps advertisers place video and display ads on other digital properties.

AOL was a technology behemoth in 2000 when it bought Time Warner for more than $160 billion. That deal became a disaster and AOL was spun off from Time Warner in 2009 and was listed on the New York Stock Exchange at a value of $3.4 billion.

Verizon has been spending aggressively to expand its business. In February it bought licenses worth $10.4 billion in a government sale of wireless airwaves for mobile data.

LionTree Advisors, Weil Gotshal & Manges and Guggenheim Partners advised Verizon.

AOL's advisers were Allen & Co LLC and Wachtell Lipton Rosen & Katz.

Up to Monday's close, AOL's shares had gained 12 percent and Verizon's 3.4 percent in the past 12 months.

source: www.abs-cbnnews.com

Facebook to buy AOL patents from Microsoft

Social networking giant Facebook has struck a deal with Microsoft to get about 650 of some 800 patents that the latter is acquiring from America Online (AOL).

Tech site Ars Technica reported the patents Microsoft aims to acquire from AOL include patents related to the Netscape web browser.

Under the supposed deal, Facebook will pay $550 million to Microsoft for 650 AOL patents and patent applications.

Facebook will also gain a license to all the AOL patents that Microsoft will retain ownership of.

Earlier this month, Microsoft agreed to pay AOL $1 billion to acquire 800 patents and get licenses to the remaining 300 patents AOL plans to keep.

But Ars Technica said the deal depends on the completion of Microsoft's patent purchase from AOL, which is still pending regulatory approval.

Facebook is presently beefing up its patent portfolio in the wake of a lawsuit filed against the company by Yahoo. — TJD, GMA News

source: gmanetwork.com

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Margaret Julia 'Marlo' Thomas -born November 21, 1937. An American actress, producer, and social activist launched a new site in partnership with AOL. marlothomas.com brings Marlo Thomas online where it will connect with Marlo and inspire women, sharing a laugh, and most importantly, building a supportive community for everyone to keep dreaming and achieving.


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