verizon communications
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Verizon’s Selling Off AOL and Yahoo for $6 Billion
Verizon’s officially selling off its media assets to the private equity firm Apollo Global for $US5 ($6) billion, the company announced on Monday. Alongside that bundle of cash, Verizon will also be keeping a 10% stake in the company, which will simply be renamed — no joke — Yahoo.
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Error 404: The Internet Broke
A strange outage is impacting internet users in the Northeast U.S. It’s not entirely clear what is going on, but it sure is annoying.