Tag Archives: Yahoo

[unable to retrieve full-text content]Yahoo and AOL are sold, again, for about $5 billion  WBNG-TV Source link

Website pages from Yahoo! Inc., left, and AOL Inc. are displayed on a computer monitor. Chris Ratcliffe | Bloomberg | Getty Images Verizon will sell its media group to private equity firm Apollo Global Management for $5 billion, the companies announced Monday. The sale allows Verizon to offload properties from the former internet empires of AOL and Yahoo. Verizon will keep a 10% stake in the company and it will be rebranded to just Yahoo. The sale will see online media brands under the former… Source link

Verizon has sold its AOL and Yahoo properties to Apollo Global Management in a deal said to be worth $5 billion, about half of the nearly $9 billion Verizon originally paid for the pair. Verizon will maintain a 10 percent stake in the company, now known as Yahoo and led by CEO Guru Gowrappan. The deal, which includes Verizon’s ad tech business, was heavily rumored over the last week and is still subject to closing conditions. Once complete, it’ll bring an end to Verizon’s troubled… Source link

The Yahoo logo is displayed outside of offices in Santa Clara, California, in a 2011 photo. Verizon said May 3, 2021, that it is selling the segment of its business that includes Yahoo and AOL to private equity firm Apollo Global Management in a $5 billion deal. (Paul Sakuma/AP) Source link

The private equity firm has been on a buying spree in the past few months, announcing deals to acquire the crafts retailer Michaels and the Venetian resort in Las Vegas. It has also had a shake-up in its senior ranks, with its co-founder, Leon Black, announcing in late March that he was stepping down as chairman after the revelation he had paid more than $150 million to the disgraced financier Jeffrey Epstein. Apollo declined to comment. Verizon didn’t respond to requests for comment…. Source link

The Kansas City Chiefs are honoring the memory of Yahoo Sports NFL writer Terez Paylor on Day 3 of the 2021 NFL draft.  Chiefs PR tweeted out a picture of the team’s coaching staff wearing All-Juice Team shirts as a tribute to Paylor. Head coach Andy Reid is among the many Chiefs staff members who appear in the picture. All proceeds from the All-Juice Team shirts will support the Terez A. Paylor scholarship at Howard University. Chiefs CEO Clark Hunt opened up his Zoom call with the media by… Source link

Karen Bleier | AFP | Getty Images Verizon‘s $9 billion bet on AOL and Verizon hasn’t led to riches for shareholders of the largest U.S. wireless company. But other buyers may still find value in some of the assets. Verizon is weighing a sale of Verizon Media Group — previously called Oath, and before that, simply the merged AOL-Yahoo internet group — according to a person familiar with the matter. The Wall Street Journal first reported on the potential sale, which the newspaper said could… Source link

Yahoo Sports’ Senior NFL Writer Charles Robinson and Lead Draft Analyst Eric Edholm share which team’s moves they liked, and which teams they have questions for from day two in Cleveland. The teams they discuss include the Cowboys, Patriots, Browns, and Dolphins. Source link

Axios Scoop: GOP leaders threaten Cheney ouster Top Republicans are turning on Rep. Liz Cheney, the party’s highest-ranking woman in Congress, with one conservative leader suggesting she could be ousted from her GOP post within a month.Why it matters: The comments by Reps. Steve Scalise, the minority whip, and Jim Banks, chairman of the Republican Study Committee, carry weight because of their close relationship with House Minority Leader Kevin McCarthy (R-Calif.) — who is openly feuding… Source link

Welcome to the MLB Yahoo Cup Hot Corner! This free-to-enter, single-entry contest consists of 27 rounds where the top 1,075 overall entries and the top 70 entries per round share $10,000, with $1,000 to first and $50 to first per round. Scoring will be cumulative across all rounds, with your seven lowest scores dropped at the end. You may join this multi-round MLB DFS contest at any point, but enter today to give yourself the best chance to take home the title. Click here to begin the… Source link