{"id":6181,"date":"2021-05-05T17:27:15","date_gmt":"2021-05-05T16:27:15","guid":{"rendered":"https:\/\/www.conferencecall.co.uk\/blog\/?p=6181"},"modified":"2021-06-15T10:49:12","modified_gmt":"2021-06-15T09:49:12","slug":"aol-and-yahoo-are-getting-sold-again","status":"publish","type":"post","link":"https:\/\/www.conferencecall.co.uk\/blog\/aol-and-yahoo-are-getting-sold-again\/","title":{"rendered":"AOL and Yahoo are getting sold again"},"content":{"rendered":"

Verizon is set to sell AOL and Yahoo, just a few years after buying them both for $4.4 billion and $4.5 billion respectively<\/a>.<\/p>\n

<\/p>\n

What’s the deal?<\/h2>\n

Yahoo was founded by Jerry Yang and David Filo in January 1994, when it quickly became the go-to search engine for early internet users.<\/p>\n

Yahoo\u2019s initial directory of websites branched out in search, mail, shopping and news, offering the services free to customers and making money from onsite display ads.\u00a0 This diversity helped it survive the first dotcom boom while others, like Netscape, disappeared without trace.<\/p>\n

But back in 2017 \u00a0the board of the Yahoo has agreed to sell to Verizon Communications<\/a> for $4.5 billion. The deal did eventually go through, even though it looked to be on the ropes following a series of\u00a0high-profile data security breaches<\/a> that saw more than 1 billion email accounts compromised. This followed the $4.4 billion sale of AOL to Verizon in 2015.<\/p>\n

But now Verizon is selling both to Apollo Global for a deal worth $5 billion. That’s got to sting.
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