Verizon Closes Yahoo Acquisition, Launches Oath
Verizon Communications today said it has finalized its purchase of Yahoo. Now that the deal is complete, Verizon is merging its Yahoo and AOL assets into a new media company called Oath. Oath encompasses some 50 brands, including HuffPost, Yahoo Sports, AOL.com, Makers, Tumblr, Build Studios, Yahoo Finance, Yahoo Mail, and many more. Yahoo CEO Marissa Meyer, a former Google exec, has resigned effective today. Yahoo's properties will be managed by Tim Armstrong, who already oversees Verizon's AOL business unit. The $4.8 billion deal was first announced in July 2016. The process suffered a major blow when Yahoo disclosed a material security breach that impacted more than 1 billion users. The two companies later agreed to drop the sale price by $350 million, with the final price tag landing at about $4.48 billion. Marni Walden, executive vice president and president of Product Innovation and New Businesses at Verizon, presided over the acquisition. Armstrong will report to her. The company is expected to shed as many as 2,100 jobs as it integrates AOL and Yahoo's properties. Verizon Communications is the parent company of Verizon Wireless.
Review: Motorola Moto E5 Play
Motorola is selling its able-bodied, entry-level Moto E5 Play from Boost Mobile, Cricket Wireless, and Verizon Prepaid. If you're in the market for a solid, low-cost phone, the Moto E5 Play plays well thanks to its simple hardware, easy software, and capable performance.
LG G7 ThinQ Goes On Sale Today for $749
Jun 1, 2018
Sales of the LG G7 ThinQ phone kicked off in the U.S. today.
Yahoo Overhauls Yahoo Mail for the Web, Debuts Lightweight Android Go Yahoo Mail App
Jun 19, 2018
Yahoo today relaunched its mobile email product for smartphones on several fronts. First, the company has wholly rebuilt its mobile web app.
Verizon to Pay $350M Less for Yahoo After Privacy Breach
Feb 21, 2017
Verizon and Yahoo today said they've amended the terms of their acquisition, first announced in July 2016, which will see the sale price drop by $350 million. The deal has been in jeopardy since December when Yahoo disclosed a material security breach that impacted more than 1 billion users.
Samsung Agrees to Preload Verizon Bloatware on Galaxy Phones
May 1, 2018
Samsung will install mobile apps from Verizon's Oath on all its Galaxy S9 and S9+ phones moving forward, according to Reuters. The two have signed a distribution agreement that will see Oath's Newsroom, Yahoo Sports, Yahoo Finance, and Go90 mobile apps preloaded on the phones.