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- Verizon bought Yahoo to combine its search, email and messenger assets, as well as its advertising technology tools, with the AOL platform. But the sale was overshadowed almost immediately after it was disclosed Yahoo had been subject to two massive cyber-attacks.
www.bbc.com/news/business-56972205
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Sep 2, 2021 · Yahoo and AOL, formerly known as Verizon Media Group, have officially been acquired by their new owners and renamed as simply “Yahoo.”
- Jon Porter
May 3, 2021 · Two pioneering web services of the internet age, Yahoo and AOL, have been sold again after the latest owner failed to revive their fortunes. US telecoms giant Verizon is selling its media assets...
Sep 1, 2021 · Comprised of iconic consumer news brands and products, plus leading advertising and media platform businesses, Apollo’s investment will enable new growth for Yahoo, benefiting consumers, advertisers, publishing partners, and employees.
Mar 21, 2018 · In July 2016, 22 years after it began as a hobby for Stanford graduate students Jerry Yang and David Filo, Yahoo agreed to sell its core operating business to Verizon in what Forbes writer...
Sep 2, 2021 · The merged company was initially called Oath before it was changed to Verizon Media. The acquisition allows Yahoo to operate as a standalone company under Apollo Funds.
- Sommer Brokaw
Aug 29, 2023 · Why it matters: Yahoo was all but left dead by Verizon when it was sold to Apollo Global Management in 2021. Under its new owners, the company — founded in January 1994 — is getting a rare chance to reinvent itself.
Sep 1, 2021 · Yahoo will operate as a standalone company under Apollo, according to a release. The company will be led by Guru Gowrappan, who was previously the CEO of Verizon Media.
