Verizon Sells AOL and Yahoo to Apollo for $5 Billion

Verizon offloaded its media business to Apollo Global Management in a deal valued at $5 billion as the mobile phone giant focuses on building out its 5G network.

#5g-wireless-communications, #aol-inc, #apollo-global-management, #computers-and-the-internet, #mergers-acquisitions-and-divestitures, #online-advertising, #verizon-communications-inc, #yahoo-inc

Verizon Near Deal to Sell Yahoo and AOL

In making the deal with the private equity firm Apollo, Verizon is acknowledging that it couldn’t compete with Google and Facebook for digital ads. Instead, it will concentrate on building a 5G network.

#5g-wireless-communications, #aol-inc, #armstrong-tim, #computers-and-the-internet, #online-advertising, #search-engines, #verizon-communications-inc, #wireless-communications, #yahoo-inc

Why Do We Let Corporations Profit From Rape Videos?

With help from Google and PayPal, XVideos lets people leer at the worst moment in a child’s life.

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Yahoo Answers Is Shutting Down

People used Yahoo Answers to ask weird questions, seek help and make jokes. But the service offered “real human reaction, for better or for worse,” one longtime observer said.

#archives-and-records, #computers-and-the-internet, #mcelroy-justin, #yahoo-inc

Why GameStop Reminds Mark Cuban of the ’90s

The billionaire says the current stock market is reminiscent of the first dot-com boom. “Everybody’s a genius in a bull market — until they’re not.”

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With Hacks and Cameras, Beijing’s Electronic Dragnet Closes on Hong Kong

Under a new national security law, the police are targeting the social media accounts of executives, politicians and activists. American internet giants are struggling to respond.

#chow-agnes-1996, #computer-security, #facebook-inc, #google-inc, #hong-kong, #lai-jimmy, #national-security-law, #politics-and-government, #social-media, #surveillance-of-citizens-by-government, #wong-joshua-1996, #yahoo-inc