Verizon sells off its AOL and Yahoo media properties, including Engadget and TechCrunch - Android

Verizon sells off its AOL and Yahoo media properties, including Engadget and TechCrunch - Android

The company lost about four billion dollars after its media push failed

For the last few years, some of the web's most long-running tech media publications have been owned by a giant telecom company. Verizon bought AOL in 2015 and Yahoo in 2017, which meant that websites like Engadget and TechCrunch were under its new Verizon Media umbrella. Today Verizon announced that it's selling off Verizon Media to a holding company, Apollo Global Management. The new organization will go by the old Yahoo name.

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Verizon sells off its AOL and Yahoo media properties, including Engadget and TechCrunch was written by the awesome team at Android Police.

03/05/2021 04:40 PM