It looks like the recently announced hacks of Yahoo haven't lead to Verizon backing out of its intention to purchase the long-standing internet firm. However it won't be maintaining the brand after the buyout, renaming what remains after downsizing, to Altaba. Verizon originally announced an interest to buy up Yahoo …
Read More »Hacks and spying, how Yahoo lost a billion dollars
As a company still riding its wave of late '90s popularity, Yahoo is a company out of time. Its poor timing has really bitten it in the ass this year though, as while trying to accept a buyout from Verizon to the tune of near $5 billion, it's been faced …
Read More »AOL is now a part of Verizon
Update: Just over a month ago, Verizon revealed that it was set to acquire AOL. Now the acquisition has been completed with AOL becoming a part of Verizon officially today. The company was bought for $4.4 billion and from the sounds of it, Verizon aims to use the company to …
Read More »Verizon to buy AOL for $4.4 billion
It looks like Verizon is set to buy out AOL for $4.4 billion, putting the company in control of all AOL businesses, including several news outlets such as The Huffington Post, Engadget, Tech Crunch along with AOL.com. Joystiq would have been included in the list but AOL chose to shut …
Read More »AOL still has millions of Dial-Up subscribers
Dial Up Internet still exists? Apparently so, as AOL's recent financial report has revealed that it is still making a fair bit of money off of its ancient Dial Up Internet service as 2.34 million people are still subscribed to it as of the second quarter of 2014. Which is actually …
Read More »AOL hit by class action lawsuit
The Huffington Post, which was recently acquired by AOL has been targeted by a group of bloggers who claim that it mistreats those who enrich it with content. Jonathan Tasini, a noted freelance journalist it leading the proposed class action lawsuit which was filed yesterday in a New York Federal …
Read More »AOL will buy Huffington Post for £190 million
AOL have paid £190 million ($315 million) for the Huffington Post. Part of the deal sees Arianna Huffington, the Huffington Post co-founder and editor in chief named president and editor in chief of the Huffington Post Media Group. AOL said that the price will be funded from cash on hand. …
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