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Verizon Sells AOL and Yahoo to Apollo for $5B

nytimes.com

111–120 of 366 posts

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#112

I'm really surprised that Yahoo Finance has not been spun out as an independent company at this point. I think as a stand-alone company it could easily be worth in the billions of dollars. Reportedly Yahoo Finance has revenue between $100M and $250M annually. With the increase in retail interest in investing it seems like a property that could have some growth potential behind it if they did things right and separate…

Yahoo Finance is so good that when I'm trying to find information about a company, I'll type the company's name into Google, do a bit of reading, then... go over to Yahoo Finance and manually type it in again to look at their stock performance. It says something that someone as lazy as myself will actually hop out of Google's flow and perform a manual step to go Yahoo Finance.

I wonder if it would be a conflict of interest for a brokerage that focuses on retail investors like TD Ameritrade to buy the platform. Robinhood and the other upstarts are eating their lunch with UI improvements, but anyone who can type in a stock ticker has figured out Yahoo Finance over the last decade.

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#113

Earlier quoted context omitted.

They are managed by AOL now. Access is thru mail.aol.com. Will they return to Verizon?

That's interesting. As far as I understood AOL mail was handled by Yahoo at this point.

I haven't seen any indication that Yahoo handles AOL mail but I don't see internal stuff.

The setup page for ext access to verizon.net/AOL accounts has a verizon domain for SMTP & POP and an AOL domain for IMAP.

eg: pop.verizon.net smtp.verizon.net imap.aol.com

ref: https://help.aol.com/articles/how-do-i-set-up-other-email-ap...

Hopefully this indicates that control over all verizon.net email accounts will fully revert to Verizon. Well, more like a blind wish. AOL mail management has been a little onerous - like mandating quarterly login to the webmail portal, else get locked out of POP access.

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#114
post #8

"My name is AOL Time Warner, king of kings. Look upon my works, ye mighty, and despair." Nothing beside remains.

There's two dead companies in that title, and the only live one owns content.

Fair point: in a rapidly shifting marketplace, owning the well / mine is the best bet.

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#115
post #89

A headline with 5G but not a single mention of it in the article. If any insider from Verizon may be could help explain why their insistence on mmWave 5G for Phones. ( And Phone only, not fixed Wireless internet access ) It doesn't make sense to me when the spec (3GPP) were announced, doesn't make sense when Verizon actually announced it, and still doesn't make any sense when they are now up and running. Both from a…

The reason why they are heavily marketing their mmWave 5G is because they are charging an additional $10/mo/line for access and implying (falsely) that most folks with a modern phone will experience a much faster and lower latency connection at most times. In truth, consumers will only be able to connect to the mmWave network on a handful of outdoor street corners in a few metros - the frequency band (60GHz) does not effectively penetrate walls so you're not going to get it indoors.

"Oh, I like mobile gaming, I guess I'll upgrade" - and just like that someone is locked into an additional $120/line/year of spend for a service they will almost never use or benefit from.

So - mostly it's fraud.

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#116
Can someone help me understand this from an investment perspective? AOL and Yahoo were worth a combined $400 billion in the 90s. Was investing in either of those companies essentially a fail? Were all those investors wrong or did they somehow recoup their investment through dividends and such over the last 25 years to justify that market cap?

Currently the market is telling me that Facebook is a $900+ billion company. Will investors ever get $900 billion back?

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#117

Earlier quoted context omitted.

Maybe Apollo plans on meme-stonking YHOO?

I do get the feeling of an underlying crypto play marketed on the old brands AOL/Yahoo. I didn’t even think about something as simple meme stonk. It may sound like sarcasm and a joke, but look at the meme stonks or Doge ($11B+ market cap)...sure the kids on tik tok might not know what yahoo or aol are/were but that actually makes them fresh to the new generation, mixed in with a little nostalgia from those slightly o…

I don't know what "meme stonking" means, can you please direct me a bit as I don't get anything meaningful from Google?

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#118
post #30

They definitely squeezed a better deal than with the sale of Tumblr last year (which went for 3 mere millions)

I suspect the true total cost was a fair bit higher due to a hosting arrangement. I'd imagine Tumblr remained on Yahoo bare metal servers for quite some time after the sale. If so, Automattic would have had to pay a significant monthly fee for this, given Tumblr's large infrastructure footprint.

That arrangement would have been quite appealing for Verizon, since by this time there was likely a surplus of aging bare metal servers in Yahoo's datacenters, and these would otherwise be difficult for Verizon to monetize.

disclosure: worked for Tumblr but left long before this sale and not directly familiar with any of the specifics of the deal

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#119
I used to work at Aol, and it doesn’t surprise me that some significant number of people still use dial up. Not because they’re “trapped” but because that’s the only choice in some parts of the country. According to Pew, 3% of us are on dialup & more than twice that use no ISP (maybe that 7% just uses their mobile access?).

https://www.pewresearch.org/fact-tank/2013/08/21/3-of-americ...

https://www.pewresearch.org/fact-tank/2021/04/02/7-of-americ...

… I’m not sure, but it seems plausible that if 3% had to use dialup 100% of those are on Aol (who else offers dialup?). So there’s probably a lot of money to be milked from that cash cow; along with their other ad & publishing businesses.

Re: Verizon Sells AOL and Yahoo to Apollo for $5B

#120

Yahoo employee. AMA

Is the data from Yahoo Answers, Yahoo Groups, and GeoCities really deleted or is there a chance that they could be restored somehow?

I don't have any insight into that. Would bet the world never sees it again though
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