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Business News

  • Elon Musk buys Twitter for $44B and will take it private

    Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the social media platform where he — the world's richest person — promotes his interests, attacks critics and opines on a wide range of issues to more than 83 million followers.
  • California regulators target web ads for illegal pot shops

    LOS ANGELES - Weedmaps is a go-to website for people looking to find a marijuana shop. With a few clicks on a cellphone, customers can find virtually any type of cannabis product, along with the fastest route to the place selling it and ratings from other consumers to help them decide what to buy.
  • Seeking wider digital audience, Verizon buys Yahoo for $4.8B

    SAN FRANCISCO - Seeking a wider digital audience, Verizon is buying Yahoo for $4.83 billion in a deal that marks the end of an era for a company that defined much of the early internet but struggled to stay relevant in an online world dominated by Google and Facebook.
  • Yellow Media posts lower Q2 profits as print revenues weaken further

    MONTREAL - Yellow Media Ltd. (TSX:Y), the publisher of the Yellow Pages directories, reported lower second-quarter results due to declining print revenues.

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