Verizon has laid off 7 percent of employees in its digital business as the phone company comes to grips with the hard realities of building a major media and advertising business to compete with Facebook and Google. A spokesman for the company confirmed Wednesday that the company laid off about 800 employees in its Verizon …
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Verizon takes $4.6 billion write
Verizon’s plan for Yahoo and AOL doesn’t appear to be going as expected. The wireless carrier merged the former internet giants in 2017 under a media division dubbed Oath, aiming to create an alternative to digital advertising juggernauts Google and Facebook. However, Verizon said Tuesday the integration of Yahoo and AOL has achieved lower-than-expected benefits. As a result, Verizon expects to record a goodwill …
Read More »AIM is back, but it doesn’t remember you
Do you fetishize your old messaging platforms? Sure, who doesn’t. I remember those old AOL chat days. AOL Instant Messenger is, alas, long gone. But some fan service has been done to resurrect the client for anyone who wants to LARP the ’90s on a laptop, according to a report from Motherboard. The new name is AIM Phoenix. It’s been …
Read More »Yahoo Messenger will shut down next month
Goodbye, Yahoo Messenger. If you’re a frequent user, now would be a good time to relocate because the app will shut down on July 17, according to an update Friday on the Yahoo Messenger help site. Although there isn’t an immediate replacement for Yahoo Messenger, the company suggests Yahoo Squirrel — an invite-only group messaging app currently in beta — as …
Read More »Yahoo is making it harder for users to sue
Don’t expect to join a class action lawsuit against Yahoo — or any other site owned by Oath, Verizon’s content division. As CNET first reported on April 13, Yahoo began notifying users that their email would soon be subject to additional scanning for advertising purposes. The updated terms of service also noted changes in the company’s mutual arbitration clause — …
Read More »Yahoo and AOL just gave themselves the right to read your emails (again)
Oath, the media division of Verizon that runs both AOL and Yahoo, is finally unifying the privacy policy of its two giant legacy Internet brands. That means an updated set of privacy terms and policies for hundreds of millions of users. And in an online world where privacy expectations have been radically reshaped in light of Facebook’s Cambridge Analytica mess, it’s …
Read More »CES 2018: Media’s old and new guards battle over TV’s future
Don’t worry. If you miss the first “future of TV” panel at CES next week, you can catch the second one a day later. For all the attention paid to off-the-wall gadgets at CES every year, the convention often feels like a giant stage to show off televisions. From eye-popping screen sizes to mind-bending display technologies, TVs are one of …
Read More »AOL’s AIM goes dark on December 15
Farewell, AIM. AOL Instant Messenger, a popular form of communication in the early days of the internet, goes dark on Dec. 15, AOL, now a unit of Verizon’s Oath, said on Friday. AIM was once one of the dominant instant-messaging platforms on the internet, helped by the massive number of dialup subscribers using AOL internet service. After launching in 1997, …
Read More »Major layoffs loom for AOL and Yahoo, report says
Citing anonymous sources, Recode has reported that AOL and Yahoo are about to make over 1,000 layoffs as they get set to merge under a new media division at Verizon. This, the report notes, is still less than 20 percent of the total workforce. The two companies are set to be merged under a new media division at Verizon called …
Read More »Mac Pro will finally get a reboot! (The 3:59, Ep. 204)
Remember the Mac Pro? You’d be forgiven if you didn’t. The little cylindrical desktop powerhouse hasn’t gotten an update in more than three years, but Apple confirmed that a new one is coming in 2018. In the meantime, the company bumped the specifications on its current Mac Pro lineup and confirmed that it would be refreshing its iMac this year. …
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