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Matt Hamblen / Computerworld:
With Yahoo buy, Verizon hopes to stay competitive in digital ad market   —  After months of rumors, Verizon announced Monday that it is buying Yahoo's core business for $4.83 billion in a deal designed to make Verizon competitive as a global mobile media and digital advertising company.
Jul 25, 2016, 3:05 PMIn context
Ainsley O'Connell / Fast Company:
Verizon EVP Walden on reasons for Yahoo deal: need for ad inventory and quick audience growth to fuel media empire ambitions, 600M monthly mobile users, more   —  Verizon EVP Marni Walden explains why Verizon just paid $4.8 billion for Yahoo.  One big reason?  Yahoo's 600 million monthly mobile users.
Jul 25, 2016, 1:55 PMIn context
Kara Swisher / Recode:
Interview with AOL's Tim Armstrong on why he pushed Verizon to buy Yahoo, integration between the companies, and Mayer's probable departure   —  The new majordomo of the combined unit says there's new structure to come  —  Today, in an interview after the deal that everyone knew was coming …
Jul 25, 2016, 12:45 PMIn context
Ingrid Lunden / TechCrunch:
Yahoo's remaining assets to rebrand after sale to Verizon in 2017   —  One asset that Verizon will be getting as part of its $4.83 billion acquisition of Yahoo's core assets, which it did not specifically mention in its big announcement today, is Yahoo's (in)famous brand — main name, purple color and exclamation mark all included.
Jul 25, 2016, 11:40 AMIn context
Yahoo:
Marissa Mayer says she plans to stay at Yahoo but does not specify for how long, in company wide email   —  Today is a big day for Yahoo! This is the email that I sent to Yahoos around the world today.  Given the interest around our journey to this point, I wanted to share more about today's announcement.
Jul 25, 2016, 7:45 AMIn context
Verizon Communications Inc.:
Verizon confirms plans to acquire Yahoo's Internet business for $4.83B in cash; deal excludes some IP, stakes in Alibaba and Yahoo Japan   —  Transaction will create a new rival in mobile media technology reaching over 1B users* with an unrivaled roster of the world's most beloved brands
Jul 25, 2016, 7:10 AMIn context
New York Times:
Sources: Yahoo to sell core business and land holdings to Verizon for $4.8B   —  SAN FRANCISCO — Yahoo was the front door to the web for an early generation of internet users, and its services still attract a billion visitors a month.  —  But the internet is an unforgiving place for yesterday's great idea …
Jul 25, 2016, 1:40 AMIn context
Kara Swisher / Recode:
Sources: Yahoo informs others that Verizon has won the bidding process; a deal of about $5B expected to be announced by Monday   —  Verizon and Yahoo are set to announce that they are striking an acquisition deal, according to sources close to the situation.  The news is expected by Monday, although that could come earlier or later.
Jul 23, 2016, 7:05 PMIn context
Joseph Cox / Motherboard:
Judge Orders Yahoo to Explain How It Recovered ‘Deleted’ Emails in Drugs Case   —  A judge has ordered Yahoo to present a witness and provide documents explaining how the company handles supposedly deleted emails.  —  The move comes in the appeal case of a drug trafficker who was convicted …
Jul 22, 2016, 10:15 PMIn context
Kara Swisher / Recode:
Sources: Verizon is close to a deal to acquire Yahoo for about $5B   —  The plan is to combine it with AOL.  —  Verizon is closing in on a deal to buy Yahoo's core business for about $5 billion, according to sources familiar with the talks.  —  Verizon has long been considered the favorite …
Jul 22, 2016, 11:10 AMIn context

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