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How Verizon hopes to use Yahoo to take on Facebook

Yahoo Finance

Stocks (^DJI, ^GSPC, ^IXIC) are down slightly as we prepare for a big week of earnings. Alan Valdes, director of floor operations at Silverbear, joins us live from the New York Stock Exchange.

To discuss the other big stories of the day, Alexis Christoforous is joined by Yahoo Finance editor-in-chief Andy Serwer and Yahoo Finance’s Nicole Sinclair.

Verizon to buy Yahoo
The wait is over. Yahoo, our parent company, finally reached a deal with Verizon to sell its core business, minus its patents, for $4.83 billion. Alibaba and Yahoo Japan will be spun off into a separate, publicly-traded company. Why does this deal make sense for Verizon?

Facebook blocks links to Wikileaks
Facebook admits blocking a big news story. The social media giant blocked links to Wikileaks that would show hacked emails from the Democratic National Convention. These emails explain how DNC officials tried to suppress the campaign of Bernie Sanders. Why were links from Wikileaks blocked?

Different kind of delivery service
Your car could be the latest delivery spot. Owners of Daimler AG’s smart cars can arrange for DHL to deliver parcels to their parked vehicles. The project, Smart Ready to Drop, will start in Germany. So, how do customers get this service?