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This week in community briefs: Portola Valley's volunteer of the year named, where to donate children's books and where to pick up sandbag supplies to prepare for winter storms.

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Updated: May 05, 2021 20:18 IST Verizon has been shedding media assets as it refocuses on wireless, spending billions on licensing the airwaves needed for the next generation of faster mobile service, called 5G Share Article AAA Verizon said Monday that it will keep a 10% stake in the new company, which will be called Yahoo.   | Photo Credit: Reuters Verizon has been shedding media assets as it refocuses on wireless, spending billions on licensing the airwaves needed for the next generation of faster mobile service, called 5G (Subscribe to our Today's Cache newsletter for a quick snapshot of...

03 May 2021, 09:05 pm Verizon forgoes its media arm, Yahoo and AOL to Apollo Global Management, the equity group that acquired the operation of Venetian Las Vegas. The early internet rockstars were sold at $5 billion, the company announced. The equity firm now owns the 90 percent share of both brands, now collectively rebranded as Yahoo, sans the exclamation mark. Accordingly, Verizon will be able to keep what is left of the deal, a 10 percent stake of the renamed company. (Photo : Wikimedia Commons) Verizon forgoes its media arm, Yahoo and AOL to Apollo Global Management Despite these fal...