AOL

See you tonight in Warsaw

See you tonight in Warsaw, guys! We’ll be having our semi-annual mini-meetup at Campus Warsaw and I’d like to see you there. The Warsaw event will be held on June 13 at Campus Warsaw 27/31 Z?bkowska. It starts at 8pm and we’ll have five startups pitching on stage. The Krakow …

Read More »

Telecoms open shop on Madison Avenue, but will brands buy?

Many companies have transformed and realigned their focus with great success. Avon transitioned from peddling books door-to-door to marketing beauty products. Wrigley started as a soap and baking soda company. IBM originally sold massive mainframe computers and calculators. Now, telecom companies are making similar pivots into a lucrative industry. The battle du …

Read More »

Verizon is close to buying Yahoo assets: sources

The protracted question of who is buying beleaguered Yahoo may finally have an answer. According to three reports published today, and our own sources, Verizon (which owns TechCrunch by way of AOL) is now the most likely company to snap up the company’s core assets — which include its search, content, mobile and …

Read More »

Verizon buys Yahoo for $4.83 billion

After a months-long bidding process and many layoffs, Yahoo has finally found a buyer. Verizon (which owns AOL, which owns TechCrunch) is officially acquiring Yahoo’s core business for $4.83 billion in cash, which includes Yahoo’s advertising, content, search and mobile activities. “Just over a year ago we acquired AOL to enhance …

Read More »

The giant’s fall

One of the saddest scenes in the Lord Of The Rings trilogy is watching the slow-moving Ents – the massive tree shepherds that took days to decide whether or not to react Sauron’s onslaught – are cut down by the wily Orcs. Only a few fall in the battle but …

Read More »

AOL CEO on Yahoo deal: “We want to get to 2B users” [Memo]

Today Verizon confirmed that it plans to acquire Yahoo’s core assets — search, advertising and content, along with Yahoo’s Sunnyvale real estate — for $4.83 billion in cash. That business will in turn be combined with AOL, which Verizon acquired last year for $4.4 billion. Tim Armstrong, CEO of AOL (which owns us), …

Read More »

AOL’s Tim Armstrong explains the Yahoo acquisition and what’s next

Following a months-long bidding process, Verizon announced this morning that it’s acquiring Yahoo’s core business for $4.83 billion. The goal, it seems, is to merge Yahoo with AOL (which Verizon acquired last year) to form a single organization that can compete with digital media giants like Google and Facebook. (AOL, …

Read More »

Elizabeth Holmes quietly stepped down from Obama’s business ambassador program

Elizabeth Holmes, the founder and CEO of beset blood analysis startup Theranos, is no longer mentioned on the Presidential Ambassadors for Global Entrepreneurship (PAGE) website. Holmes announced she had joined the Obama administration’s entrepreneurial PAGE program, which notably includes AOL CEO Steve Case, Airbnb founder Brian Chesky and Stripe’s Patrick Collison, in March …

Read More »
Bizwhiznetwork Consultation