Tech

Verizon agrees to sell Yahoo and AOL to private-equity firm for $5 billion

Enlarge / Yahoo headquarters in Sunnyvale, California, on Wednesday, April 21, 2021. (credit: Getty Images | Bloomberg) Verizon announced on Monday that it is selling Yahoo and AOL for $5 billion to private-equity firm Apollo Global Management. Verizon made the deal official just a few days after news reports said that Verizon had put Yahoo and AOL […]

Tech

Verizon tries to sell Yahoo and AOL after spending $9 billion on fallen giants

Enlarge / Yahoo logo at the 2014 International CES conference in Las Vegas. (credit: Getty Images | Ethan Miller ) Verizon is reportedly ready to give up on Yahoo and AOL after spending a combined $9 billion on the once-dominant Internet brands that fell from prominence years before Verizon bought them. “Verizon is exploring a […]