(AP) – Monday, May 3, 2021 at 9:45 am | כ”א אייר תשפ”א The Yahoo logo is displayed outside of offices in Santa Clara, Calif. (AP Photo/Paul Sakuma, File) AOL and Yahoo are being sold again, this time to a private equity firm. Verizon will sell Verizon Media, which consists of the pioneering tech platforms, to Apollo Global Management in a $5 billion deal. Verizon said Monday that it will keep a 10% stake in the new company, which will be called Yahoo. Yahoo at the end of the… Source link
Read More »Internet trailblazers Yahoo, AOL sold, again, for $5 billion
(AP) – AOL and Yahoo are being sold again, this time to a private equity firm. Verizon will sell Verizon Media, which consists of the pioneering tech platforms, to Apollo Global Management in a $5 billion deal. Verizon said Monday that it will keep a 10% stake in the new company, which will be called Yahoo. Yahoo at the end of the last century was the face of the internet, preceding the behemoth tech platforms to follow, such as Google. And AOL was the portal, bringing almost every early… Source link
Read More »Verizon sells internet trailblazers Yahoo and AOL for $5B
Verizon spent about $9 billion buying AOL and Yahoo over two years starting in 2015, hoping to jump-start a digital media business that would compete with Google and Facebook. It didn’t work — those brands were already fading even then — as Google and Facebook and, increasingly, Amazon dominate the U.S. digital ad market. The year after buying Yahoo, Verizon wrote down the value of the combined operation, called “Oath,” by roughly the value of the $4.5 billion it had spent on Yahoo. Source link
Read More »Verizon sells internet trailblazers Yahoo and AOL for $5B
Verizon spent about $9 billion buying AOL and Yahoo over two years starting in 2015, hoping to jump-start a digital media business that would compete with Google and Facebook. It didn’t work — those brands were already fading even then — as Google and Facebook and, increasingly, Amazon dominate the U.S. digital ad market. The year after buying Yahoo, Verizon wrote down the value of the combined operation, called “Oath,” by roughly the value of the $4.5 billion it had spent on Yahoo. Source link
Read More »Verizon sells internet trailblazers Yahoo and AOL for $5B
Verizon spent about $9 billion buying AOL and Yahoo over two years starting in 2015, hoping to jump-start a digital media business that would compete with Google and Facebook. It didn’t work — those brands were already fading even then — as Google and Facebook and, increasingly, Amazon dominate the U.S. digital ad market. The year after buying Yahoo, Verizon wrote down the value of the combined operation, called “Oath,” by roughly the value of the $4.5 billion it had spent on Yahoo. Source link
Read More »How Yahoo Became an Internet Villain
When Baio was at the company, Yahoo Answers was one of the biggest things it had going. “The volume of activity was extraordinary,” he told me. “This doesn’t mean it was good quality; a lot of it was always questionable.” But deleting it still means scrapping a huge archive of the ways that people look for and try to provide knowledge. Baio had already watched a website that he’d made and sold to Yahoo, called Upcoming, get marked for death with less than two weeks’ warning in… Source link
Read More »GOP memo on Big Tech shows lawmakers ready to ‘burn down the internet,’ legal expert warns
A new proposal by Republican lawmakers to overhaul a critical law that protects online platforms already looks dead in the water, according to one legal expert, though another prominent legal scholar believes it could fuel bipartisan reform for tech regulation. The proposal, laid out by Republican members of the House Energy and Commerce Committee on Thursday, is meant to serve as a foundation to reform Section 230 of the Communications Decency Act, a law that provides liability protection… Source link
Read More »Russian internet giant Yandex mulls expanding food delivery service to TWO European capitals as Covid-19 pandemic boosts demand — RT Business News
Russian internet giant Yandex says it will start delivering groceries across Paris and London by the end of the year, after the service gained massive popularity in Russia during lockdowns imposed due to the Covid-19 pandemic. The grocery delivery in the French and British capitals will be run by Yango, an international arm of Yandex Go, which is in cha rge of the company’s taxi aggregator and food tech business. Last year, the subsidiary launched the grocery service in… Source link
Read More »How Yahoo! Answers Shaped The Internet – NPR
Yahoo! Answers is shutting down in May. From sex education to homework help, users of the forum remember how it shaped early Internet culture. Source link
Read More »Yahoo Answers was the sweetest source of found internet comedy.
The Q&A board Yahoo Answers is shutting down on May 4. When I heard the news, my first sympathetic thought was for the podcast My Brother, My Brother and Me; I wasn’t the only person to think of it. This 11-year-old show hosted by brothers Justin, Travis, and Griffin McElroy took the weirdest stuff Yahoo Answers had to offer and riffed on it; the resulting show, which interspersed “Yahoos” (as they called them) with listener questions, has been in the top comedy podcasts… Source link
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