• Yahoo! to Spin off Alibaba Stake into Aabaco Holdings, But Only If Tax Deal Gets U.S. Approval

  Yahoo! Inc. has proposed to spin off its stake in Alibaba and rename it Aabaco Holdings. However, the Internet company hopes that regulators in the United States would approve a tax deal first before conducting this business operation.

  

• Donald Trump Defends Comments on Sen. John McCain’s War Hero Status, Veterans: ‘I will fight for them’

  Republican presidential candidate Donald Trump continues to generate controversy in the American political landscape, this time directing his harsh remarks over Arizona Sen. John McCain and his status as a war hero. Despite the public backlash, the businessman has refused to apologize and wrote an op-ed defending his position, highlighting the plight of U.S. military veterans.

• Jeremy Clarkson Hints New Car Show Could Appear On Netflix, Recalls Taking Final Lap At Top Gear Track

  British motoring journalist and TV presenter Jeremy Clarkson has indicated during a live show in Australia on Saturday that he has found a place to air his new car show, possibly by American companies such as Netflix or Amazon. He also recalled the final lap he drove at the Top Gear test track.

  

• Moov Now Fitness Wearable Stands Out In Crowded Field Dominated by Apple Watch, Fitbit

  The market for fitness-based wearables is a highly competitive one, dominated by the Apple Watch and Fitbit products. However, Moov has introduced an activity-tracking wearable known as the Moov Now, which has the potential to disrupt the market when it is officially released this fall.

• Planned Parenthood Apologizes For Describing Fetal Tissue Use in Harsh Tones: ‘This Is Unacceptable’

  The controversial reproductive health organization Planned Parenthood has issued an apology on Thursday for the “tone and statements” of one of its senior staff members who appeared in an undercover viral video. The video, produced by an anti-abortion group, implied that the nonprofit sells aborted fetal tissue.