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Yahoo launches smartphone

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Yahoo is launching its first branded smartphone, according to an announcement from parent company Verizon.

The $50 purple phone has an 8-megapixel rear camera, 5-megapixel front-facing camera and 32 gigabytes of storage.

Yahoo also is preloading the phones with Yahoo Mail, News, Sports, Finance and Weather, among other apps.

Read more from CNET.

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