Verizon sells media group for $5 billion, AOL and Yahoo sold at a loss

04 May 2021
The mobile carrier purchased both AOL and Yahoo for almost $9 billion.

Sort by:

  • ?
  • Anonymous
  • y8x
  • 05 May 2021

I mean it was a bad buy to begin with, but good to cut your losses.
They tried and got out, I respect that. And they didn't even kill off the brands :)

    • Q
    • Quericus
    • qaZ
    • 05 May 2021

    Well well well.....Verizon's attempt at becoming a multimedia giant has failed quite spectacularly. After Verizon being unable to manage them as well as various effups it sold AOL, Tumblr, and Yahoo to Apollo at a huge loss. What will Apollo do with them now? Can I open an email with them yet? Lol! And I have made an AOL Platinum CD into a clock that's mounted on the wall. :)

      • ?
      • Anonymous
      • Kir
      • 04 May 2021

      Nobody use tumblr after the purge, lol

        • A
        • Anal
        • 3Wm
        • 04 May 2021

        I miss the AOL cds forever coming through the door. The made great coasters.

          • M
          • Marissa Mayer
          • 39y
          • 04 May 2021

          The new owners of Yahoo have plans for making it into a gaming (betting) company.

            • M
            • Marissa Mayer
            • 39y
            • 04 May 2021

            A far cry from the ultra super mega deal, where at the turn of the century AOL purchased Time-Warner at an extraordinary $162 billion.

            AOL was a mega beast back then. Today, no gives two 💩 for it. Some people probably have never heard of AOL.

              Wow!!

              I miss Yahoo Messenger so much..

                • ?
                • Anonymous
                • PA7
                • 04 May 2021

                big corp casually losing billions

                  1 of 1