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Verizon Sells AOL and Yahoo to Apollo for $5B

nytimes.com

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

#63

Post by oaththrowaway »

Avalaxy wrote: post #28
oaththrowaway wrote: post #23

Yahoo employee here... AMA

What does Yahoo do nowadays?

Lots of stuff.. Finance is huge, Mail, Sports, Techcrunch, Engadget... Plus the Edgecast CDN and video platform service (VDMS). Was honestly hoping Verizon would keep those so I wasn't lumped into the Apollo sale.

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

#65

Post by skinnymuch »

halfmatthalfcat wrote: post #5

I worked at HuffPo right after AOL was acquired by Verizon and before AOL/Yahoo became Oath. During this time Arianna left; rumor was she was forced out or at the very least, her power was undermined/neutered by Verizon and she was unable to fulfill her vision. Shortly after was the 2016 election. It was very surreal to be working there, while everyone on the editorial staff was sure HRC was going to win and then Tru…

I went to HuffPo just now. It appears to be same sort of stuff from years ago. HuffPo never had the rep of a shining beacon of journalism or even integrity.

Didn it ever make a profit?

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

#67

Post by throwaway088 »

perardi wrote: post #43
throwaway088 wrote: post #35

Before people go all ballistic, please remember that yahoo and AOL make $700 million from Mail and a billion dollars from search. AOL sells huge number of paid dialup based email accounts(for older people though). So the sale price is approximately two years of revenue. Apollo is getting it cheap!

“AOL sells huge number of paid dialup based email accounts” Do they really? I am not being sarcastic. I cannot find a recent reference to this (everything seems to be from 2015), but given my experience getting my aunt away from AOL email: it seems horribly plausible.

You have to read financial reports of aol if you can get hold of it. AOL doesn't want this info to be too widely known. Then all the old people will realize they are paying $25 per month for something that they can get for free!

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

#68

Post by oaththrowaway »

skinnymuch wrote: post #65
halfmatthalfcat wrote: post #5

I worked at HuffPo right after AOL was acquired by Verizon and before AOL/Yahoo became Oath. During this time Arianna left; rumor was she was forced out or at the very least, her power was undermined/neutered by Verizon and she was unable to fulfill her vision. Shortly after was the 2016 election. It was very surreal to be working there, while everyone on the editorial staff was sure HRC was going to win and then Tru…

I went to HuffPo just now. It appears to be same sort of stuff from years ago. HuffPo never had the rep of a shining beacon of journalism or even integrity. Didn it ever make a profit?

No, it was bleeding money for a long time. They had to essentially pay Buzzfeed to take it off their hands.
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