Yahoo and AOL, two of the Internet’s oldest and best-known brands, will have a new owner. Again. Verizon announced it is spinning off the properties, which it acquired in separate transactions in 2015 and 2017, to the private equity firm Apollo, in a deal valued at $5 billion. In buying AOL and Yahoo, Verizon was hoping to partake of some of the big advertising dollars that large tech companies like Facebook and Google were raking in. However, that bet didn’t quite pay off as it had hoped,… Source link
Read More »TechCrunch goes Yahoo while welding robots raise $56M – TechCrunch
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here. This morning was a notable one in the life of TechCrunch the publication, as… Source link
Read More »Verizon Sells Off AOL And Yahoo To Private Equity Firm : NPR
Verizon is spinning off AOL and Yahoo to the private equity firm Apollo in a deal valued at $5 billion. Justin Sullivan/Getty Images hide caption toggle caption Justin Sullivan/Getty Images … Source link
Read More »Verizon Sells Yahoo, AOL to Apollo – WWD – WWD
[unable to retrieve full-text content]Verizon Sells Yahoo, AOL to Apollo – WWD WWD Source link
Read More »TechCrunch goes Yahoo while welding robots raise $56M
TipRanks Ride the Crypto Boom with These 3 Stocks Some 15% of the American public owns some form of cryptocurrency – and a large part of that group jumped on the bandwagon in the last two years. The digital currencies – Bitcoin is the most famous, but there are scores of others – offer users a distinct set of advantages, based on their blockchain technology. First, the crypto coins are secure – as a digital technology, blockchain is notoriously difficult to break. Second, the coins… Source link
Read More »Verizon sells off Yahoo and AOL – CNN
Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc.2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are… Source link
Read More »Verizon sells internet trailblazers Yahoo and AOL for $5B
Posted: May 3, 2021 / 07:59 AM MDT / Updated: May 3, 2021 / 07:59 AM MDT FILE – The Yahoo logo is displayed outside of offices in Santa Clara, Calif., in this Monday, April 18, 2011, file photo. Verizon is selling the segment of its business that includes Yahoo and AOL to private equity firm Apollo Global Management in a $5 billion deal. Verizon said Monday, May 3, 2021, that it will keep a 10% stake in the new company, which will be called Yahoo. (AP… Source link
Read More »Verizon acquired AOL and Yahoo for about $9 billion. Now it’s selling those assets as part of a $5 billion deal – Fortune
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Read More »Internet Trailblazers Yahoo and AOL Sold Again for $5B
(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 »Yahoo and AOL are sold, again, for about $5 billion – KBJR 6
[unable to retrieve full-text content]Yahoo and AOL are sold, again, for about $5 billion KBJR 6 Source link
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