1. WindowsCentral.com's Avatar
    Yahoo has agreed to sell its core business to Verizon for $4.83 billion, signaling an end to one of the internet's most pioneering companies as a standalone entity.
    Under the deal, Verizon will acquire Yahoo's search, mail and instant messaging services, along with its ad platform and a few real estate holdings. Yahoo's ad business and digital content services including Yahoo Finance and Yahoo Sports will be of significant value to Verizon as it looks to expand its offerings in this space following the acquisition of AOL last year for $4.4 billion. The move puts Verizon behind Google and Facebook in the U.S. digital ad segment, with a total share of 4.5%.

    Full story from the WindowsCentral blog...
    07-25-2016 06:20 AM

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