Tag Archives: AOL

The New York Times reports: Verizon Communications, signaling that it has given up on its media business, said on Monday that it agreed to sell Yahoo and AOL to the private equity firm Apollo Global Management for $5 billion. The transaction is the latest turn in the history of two of the internet’s earliest pioneers. Yahoo used to be the …

Billboard Magazine reports: Verizon Communications has recorded a steep goodwill impairment charge on its Oath media division. The telecom giant said on Tuesday that the creation of Oath after it acquired Yahoo for $4.5 billion and merged it with AOL has led to a charge of around $4.6 billion during the fourth quarter of 2018. “The goodwill balance of the …

Business Insider reports: When Verizon merges Yahoo with AOL after its acquisition of Yahoo closes, the newly created division will get a new name. And that new name is “Oath,” sources tell Business Insider. In a deal that was first announced last July, Verizon will acquire Yahoo’s core internet business for about $4.83 billion in cash. Yahoo will then be …

Via CNN Money: Verizon is buying AOL for about $4.4 billion, or $50 a share, the companies announced Tuesday. The deal aims to create a major new player in the digital media business by combining one of the biggest mobile network providers with a leading content producer. It’s part of Verizon’s plan to dominate a future in which all content …

AOL was hacked today. AOL Inc on Monday urged its tens of millions of email account holders to change their passwords and security questions after a cyber attack compromised about 2 percent of its accounts. The company said it was working with federal authorities to investigate the attack, in which hackers obtained email addresses, postal addresses, encrypted passwords and answers …

AOL chat room flashback! A/S/L?

From AOL’s “You’ve Got” series.

Google has gobbled up more than 100 companies since its founding, but almost half of those acquisitions have taken place in the last year or so.

A/S/L?

Whoa. AOL, the online media company that has recently snatched several smaller content firms, has agreed to purchase news blog service The Huffington Post for $315 million, the two companies announced Monday. The companies said Arianna Huffington, The Huffington Post’s co-founder and editor-in-chief, will be named president and editor-in-chief of The Huffington Post Media Group, which will include all Huffington …

In their “11 Famous Politically Correct Firings” story, AOL News names me as the person canned from Sen. Saxby Chambliss’ staff for writing anti-gay hate speech on some homo blog. Oh well, there are worse things about me on the internet. UPDATED: AOL News has updated the story with a correction (misspelling my name, which they got right when I …

We’ve gotten lots of new people up in here lately. Introduce yourselves, AOL chat room style. A/S/L?

It looks like you’re worth about $18/month to Google. Or is per year? Confusing. I’m also not sure where the Twitter revenue even comes from. (Via – Business Insider)

Almost a decade after the most famously failed merger in history, Time Warner is finally casting off AOL. The divorce, announced Thursday, will spin out AOL as a separate Internet company run by former Google Inc. advertising executive Tim Armstrong. He was hired in March to try to restore the luster to a brand once known as America Online. Time …

“AOL made a tremendous noise about its commitment to the GLBT community and to its queer readers in particular. AOL trades on the important and valuable role it plays in the various communities it serves through its many pages and themes. Partly, I walked away from my original blog, Proceed At Your Own Risk because AOL convinced me that I …

Kenneth Hill, AOL’s “gayest editor ever”, has merged his AOL.com/gay blog into a new AOL community blog called Queer Sighted. New writers joining Queer Sighted include the fab Richard Rothstein, formerly of Proceed At Your Own Risk, whom you can congratulate this Saturday when Richard joins our blarg hop. Go Queer Sighted! Now y’all go update your blogrolls..