Verizon buys Yahoo for $4.83 billion

Verizon buys Yahoo for $4.83 billion

Verizon buys Yahoo After months-long many layoffs and long bidding process, Verizon buys Yahoo which owns TechCrunch and AOL is officially obtaining Yahoo’s core business in cash for $4.83 billion, that includes mobile activities, content, search and Yahoo’s advertising. Verizon Chairman and CEO Lowell McAdam told in the release that “Just over a year ago, we obtain AOL to enhance our strategy … Continue Reading →