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LIVE! Yahoo to change name to Altaba, turn into investment company

07:55  In a first, Arab soldiers to march on Delhi streets:  

A marching band from the UAE’s defence forces will join the parade on Republic Day, the first time Arab soldiers will be marching in New Delhi.

After the French marching band joined the parade in 2016 in honour of Francois Hollande, the practice has caught the fancy of others as well. 

With UAE crown prince Sheikh Mohammed bin Zayed Al Nahyan preparing to be the chief guest this year, the visiting dignitary who is also the deputy supreme commander of the armed forces, will bring a contingent to match the music and rhythm of India’s numerous military bands who put up a spectacular show on that day.


07:19  Yahoo to change name to Altaba, turn into investment company:  Yahoo, or what is left of yesteryear’s internet giant once the $4.8 billion sale to Verizon is completed, will be renamed as Altaba, the company has said in a filing to SEC, various reports have said.   

Business Insider reports that along with the name change, the tech company will also have a new board of directors, but current CEO Marissa Meyer will not be on it despite having expressed her interest to stay on.   

‘In its filing to the United States Securities and Exchange Commission on Monday, Yahoo also explained that following the closing of the purchase by Verizon, Altaba will be required to register and be regulated as an investment company under the Investment Company Act of 1940,’ Business Insider has reported.  

Yahoo’s acquisition by Verizon is expected to be closed in the first quarter of 2017.

07:10  Another cop shot dead in US, this time in Orlando:  Orlando police officer Sergeant Debra Clayton, a mother of two, was shot dead by a suspected murderer on Monday night, the latest in the series of attacks on the police force in the United States.   

The killing triggered off a manhunt for the suspect, in which a sheriff was killed in a motorcycle crash, reports said.   

Debra Clayton was trying to attempt a murder suspect when she was gunned down.    


00:12  As UN orders probe, 140 Indian soldiers to be given cholera vaccination in Haiti:  Nearly 140 Indian soldiers, who are part of United Nations peace-keeping force in Haiti, will be administered cholera vaccine after the UN reportedly ordered a probe on how they had landed in the Caribbean country without the mandatory vaccination.

Haiti has been grappling with a cholera outbreak and the UN has been part of massive effort to contain the disease. The Indian soldiers had landed in Haiti in August last year and reportedly India had certified that they were administered the cholera vaccine.

“The India soldiers will be administered the cholera vaccine tomorrow,” a government source said, adding there was some communication on the issue from the UN.

The source said the cost of vaccination will be deducted from the fund allocated by the UN for Indian peacekeepers.

Previous UN Secretary-General Ban Ki-moon last month had apologised to the people of Haiti for the role played by the UN peacekeepers in sparking the cholera epidemic in the country.

According to several experts, cholera was introduced to Haiti by infected Nepalese UN peacekeepers sent to the Caribbean country after the massive 2010 earthquake. — PTI

Representative image

Source: Rediff