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Verizon Sells AOL and Yahoo to Apollo for $5B

nytimes.com

271–280 of 366 posts

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

#271

Wait, AOL is still around? What do they do these days? Does anyone here work for AOL?

Do not work for AOL but know that their email service is still heavily used. I have a family member who pays a monthly fee for basic email and refuses to give it up.

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

#272

Earlier quoted context omitted.

A lot of people use it for fantasy sports because... I'm not sure why but they do. Also its impossible to set up email forwarding with them so I have a very old email address I keep active.

They have disabled email forwarding in free accounts. https://www.zdnet.com/article/yahoo-mail-discontinues-automa...

Yup. And if you delete your account someone else can sign up for that account name and start getting your email.

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

#273

Earlier quoted context omitted.

Just FYI, 'conservative investors' do understand crypto, they just think it's a bad investment.

Certainly not all of them. Edit - do you not consider Warren Buffet a conservative investor?

It doesn't seem like he's invested in any crypto directly. He has investments in some fintech, but as far as I can tell those aren't in any companies where crypto is the main component of their business plan. It's also important to distinguish between his opinions on the potential of distribute ledger technology vs. crypto currencies themselves. You can have the first without the second.

There are also levels of conservatism: Buffet still takes risks. In any given year, there's a possibility that he loses money, even if he's amazing in the long term. This is very far from the extreme end of conservative investing where, for example, someone 2-3 years away from retirement shifts all of their investments into a low-yield guaranteed return investment to ensure that a temporary downturn in the economy doesn't wreck their ability to retire.

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

#274
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…

>A headline with 5G but not a single mention of it in the article.

There is.

>He added that Apollo would allow the business to grow, a more difficult prospect when it was operating within Verizon, which was planning to spend even more money to expand its next-generation 5G wireless network.

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

#275

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…

There that horrible feeling when sometimes you search for a stock on Yahoo finance and it sends you out into the regular Yahoo search. WTF.

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

#276

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…

If people stop using Facebook products yes the investors will lose 900,000,000,000 dollars.

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

#278

Earlier quoted context omitted.

Sigh. Remember when Google Finance was great with easily the best charting software and easy lookup of key stats for a company? Then they decided a couple years ago to destroy it for no reason. I wish I knew why they made this horrible decision.

Easily the best stock charting software. And they nuked it because _______?

[deleted]

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

#279

Earlier quoted context omitted.

Yes, it really was quite perplexing. I imagine the "reason" was to make it more mobile-friendly or mobile-first or perhaps just to standardize their properties more. However, as you noted, it really degraded the product. I went from a daily user to an almost never user.

"mobile-friendly or mobile-first" seems to be a trend in quite a few companies, in the last few years. The main problem is, the completely ignore the desktop design, viewing it as an either-or proposition, for some, unknowable reason. While it's understandable that much traffic is mobile, during office hours, especially during work from home (which will probably - at least partially - be a continued trend moving forw…

Ah but its not tech unless you're ignoring all but the most dominant market force

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

#280

Earlier quoted context omitted.

Just FYI, 'conservative investors' do understand crypto, they just think it's a bad investment.

Certainly not all of them. Edit - do you not consider Warren Buffet a conservative investor?

Do you think Warren Buffett doesn't understand crypto from the standpoint of finance?
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