Verizon To Sell Yahoo & AOL For $5 Billion After Buying Each For ~$5 Billion

May 4, 2021 - 7:31 am 1 by
Filed Under Yahoo News

Yahoo Aol

In 2015 Verizon bought AOL for about $4.4 billion while AOL was under Tim Armstrong's leadership. Then in 2016, Verizon bought Yahoo for about $4.83 billion while Yahoo was under Marissa Mayer's leadership. Now, in 2021, Verizon is selling 90% of both companies to a private equity firm for a total of $5 billion.

Yes, two former Google executives, Tim Armstrong and Marissa Mayer ran two historic internet companies into their demise, and they ultimately were sold off for a fraction of what they were worth just several years ago. Did Google place them in these companies? Maybe that is a bad joke...

The good news, Yahoo won't go under the name Oath anymore. Seems like the new owner will use Yahoo for the name of the company.

We lost the Yahoo Directory, we lost Yahoo Answers - maybe this new owner will revitalize these properties? Maybe the old American Online CDs will become vintage NFTs and they can monetize them that way?

Just wow - what a piece of internet history.

Forum discussion at WebmasterWorld.

 

Popular Categories

The Pulse of the search community

Follow

Search Video Recaps

 
Google AI Overviews, Ranking Volatility, Web Filter, Google Ads AI Summaries & More - YouTube
Video Details More Videos Subscribe to Videos

Most Recent Articles

Search Forum Recap

Daily Search Forum Recap: May 22, 2024

May 22, 2024 - 10:00 am
Google Updates

Google Search Ranking Volatility Spike Around May 22

May 22, 2024 - 8:01 am
Google Ads

Google Ads In AI Overviews, AI Shopping Ads, Brand Profile Ads & More AI Ad Tools

May 22, 2024 - 7:51 am
Google Search Engine Optimization

Google & Bing Say Upgrade To WordPress 6.5 To Gain Lastmod Sitemap Support

May 22, 2024 - 7:41 am
Google Search Engine Optimization

Unusual Surge In Google Search Console Product Snippets Search Performance

May 22, 2024 - 7:31 am
Bing Search

Bing Search Testing Tag Filters

May 22, 2024 - 7:21 am
Previous Story: Most SEOs Use DNS Or HTML Verification In Google Search Console