#Verizon takes fourth quarter hit from sale of HuffPost

#Verizon takes fourth quarter hit from sale of HuffPost

“#Verizon takes fourth quarter hit from sale of HuffPost” Verizon said Tuesday that its fourth-quarter profit and sales slipped due to higher costs and a $119 million charge related to the sale of news and opinion site HuffPost. However, the largest US cellphone carrier predicted a more upbeat view in 2021 driven by wireless service…

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# Verizon’s newsroom to use blockchain in bid for absolute transparency

# Verizon’s newsroom to use blockchain in bid for absolute transparency

“# Verizon’s newsroom to use blockchain in bid for absolute transparency ” Verizon unveiled “a blockchain-based, open-source newsroom product designed to raise the bar for corporate accountability,” today according to a public statement. Called Full Transparency, the platform is meant to immutably document the company’s own news releases on a public blockchain.   Verizon posted its…

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#Verizon scrambling to unload HuffPost as losses mount

#Verizon scrambling to unload HuffPost as losses mount

“#Verizon scrambling to unload HuffPost as losses mount” Verizon has been quietly scrambling to unload HuffPost as it grapples with continued losses at the left-leaning news and culture website, The Post has learned.  The telecom giant — which acquired the site formerly known as the Huffington Post as part of its $4.4 billion purchase of…

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