Twenty-one years ago, Yahoo became the soul of the nascent web. Now it's telco food, to be eaten by Verizon for $5bn.
Verizon is also the proud owner of AOL, snagged last year for $4.4bn. At their height, the two lynchpins of the 90s' WWW were worth about $350 billion—at least to those unlucky enough to buy tech shares in 2000.
Verizon plans to unite the two companies to create a Facebook-killer made of nostalgia and its own users' personal information—and the zoo of startups and internet publishers the two companies gobbled up in their dying years.
The US telecoms giant is expected to merge Yahoo with AOL, to create a digital group capable of taking on the likes of Google and Facebook.
Verizon bought AOL - another faded internet star -in a $4.4bn deal last year, which gave it ownership of the Huffington Post, Techcrunch, Engadget and other news sites.
Shortly afterwards, Verizon announced it would start combining data about its mobile network subscribers - which is tied to their handsets - with the tracking information already gathered by AOL's sites.
Update: It struck me that Yahoo is custodian of Tumblr and Yahoo Answers, two of the last real refuges for girls and young women on the 'net. Verizon will want to kill or heavily sanitize both.
We only have a few days left until Verizon kills off Yahoo Groups, and the volunteer archivists who've been battling with the company to preserve its legacy have just been dealt a crushing blow.
Since 2010, Nightowl, the "head of the Yahoo Users Crusade," has been leading a preservation effort to scrape and archive the sprawling contents of Yahoo Groups. She writes, "Now we are desperate. We are running out of time to ever save our precious content. Yahoo has never made it easy to rescue it, and has […]
The latest fuck-you from Oath -- the Verizon division created to manage the zombie assets of AOL and Yahoo, bought at a ridiculous premium and then written down by more than 99% -- is the impending drawdown of Yahoo Groups, with mass deletions of all stored "Files, Polls, Links, Photos, Folders, Calendar, Database, Attachments, Conversations, […]
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Few things in life are more universally dreaded than going to the gym, which is unfortunate since a new year usually means making new resolutions to get in shape. Thankfully, this BodyBoss 2.0: Portable Home Gym has everything you need to burn fat and build muscle in the comfort of your own home. With just […]
If one of your New Year’s resolutions is to travel more, you owe it to yourself to learn the language of the place you’re visiting. If you’re not sure where to start, give these resources a look. From mobile apps to online courses, these products can get you conversant in a new language before you […]