Verizon Sheds Yahoo
Verizon has reached an agreement to sell its Verizon Media business — which includes Yahoo and AOL — to Apollo Global Management for $5 billion. Verizon will retain a 10% stake in the new company, to be known simply as Yahoo. The transaction is expected to close in the second half of 2021. Verizon bought AOL in 2015 and Yahoo in 2017.
Nov 15, 2018
Verizon Media Group has launched a brand new version of the Yahoo mobile app. It combines all facets of Yahoo's online services in a single space.
Jun 18, 2019
Facebook today announced Libra, a new digital currency that aims to combine the best features of other cryptocurrencies in order to be more consumer-friendly. The currency will be administered by the Libra Association, a new non-for-profit based in Geneva.
Oct 28, 2020
Yahoo Mobile has launched the ZTE Blade A3Y, an exclusive purple version of ZTE's Blade A3 preloaded with native Yahoo mobile apps such as Yahoo Mail Pro, Yahoo News, Yahoo Sports, Yahoo Finance, and Yahoo Weather. The A3Y is essentially the same phone as the Blade A3 Prime offered by Visible and the Z2 offered by Gabb.
Apr 28, 2021
Verizon is exploring the sale of its media businesses, including Yahoo and AOL, according to the Wall Street Journal. Verizon bought AOL in 2015 and Yahoo in 2017.