Verizon is merging Yahoo and AOL into Oath this summer


Two of the oldest online brand names, Yahoo and AOL, are going to merge their operations into one company under their new owner. Verizon, which already owns AOL and will take control of Yahoo’s core assets later this year, will combine both divisions once the Yahoo deal is complete. When than happens, the company will have a new name: Oath.
The news of Oath was broken by Business Insider earlier today, and later confirmed by AOL CEO Tim Armstrong in a Twitter post:
Verizon bought AOL, which includes popular web sites like The Huffington Post, Engadget and TechCrunch, for $4.4 billion in the summer of 2015. In 2016, it announced an agreement to acquire most of Yahoo’s assets for $4.8 billion. The Yahoo deal is expected to close sometime in the second quarter of 2017.
Business Insider’s story did not indicate if the Yahoo or AOL branding will be completely ditched with this merger, or if they will continue to be used for services such as AOL.com or Yahoo Mail. According to Recode, the new company will be lead by Armstrong. Yahoo CEO Marissa Mayer has already confirmed she will be leaving after the merger with Verizon is completed. Armstrong is said to be in discussions on which Yahoo execs will remain and which will be asked to depart.
We do have to wonder how Verizon came up with Oath as the name of the merged Yahoo-AOL division. The name itself usually is meant to convey “a solemn promise” but it can also be used “to express anger or other strong emotions.” We are not sure either meaning is terribly useful to describe an internet-based media group.

Comments

Post a Comment

Popular posts from this blog

Linktree’s free workaround lets you add multiple links to your Instagram bio

Image
Instagram only gives you one opportunity to link to outside resources inside its photo sharing platform. This might not be a problem for a majority of the users, but for those wanting a little more customization and even more options, it leaves much to be desired. Enter  Linktree , a free tool for Instagram designed to improve traffic to your outside link, be it a blog, portfolio, or store. How it works is fairly straightforward. After connecting Linktree to your Instagram profile, you’ll receive a single link to place in your Instagram bio. Once that link in place, you can customize what it’s linked to within your browser, be it a single website, or a collection of sites you’re looking to direct followers to Say you’re a photographer who’s using Instagram as a marketing tool for your wedding photography. Using Linktree, you can direct Instagram followers to your blog, your portfolio site, and even your other social media accounts. Until now, you would’ve been stuck choosing b
Read more

EVERYTHING WE KNOW ABOUT THE PIXEL 4, THE MOST-LEAKED PHONE EVER

Image
Google’s  Pixel 3 might have been the  most-leaked phone in history . Long before its unveiling, we knew practically everything about it from unboxing videos, photo comparisons, even a full review of the device. Surely, for the Pixel 4, Google would clamp down on leaks to leave some surprises for its debut on  October 15th , right? Let’s just say, if that was the plan, it didn’t exactly work out. We’ve now seen the Pixel 4 XL from every angle and in three different colors. At least seven different sources have touched this phone, many of them confirming the same specs. We not only know which cameras it’ll have, but also what they may be capable of, including air gestures (go figure). That doesn’t even count information Google has already shared  on purpose. So if you want to know almost everything about the Pixel 4 nearly a month before it’s announced, buckle up. We’ve sifted through all of the rumors and information we can find to compile everything we know — and everything we
Read more

Our favorite iOS apps for the iPhone and iPad in 2018

Image
As 2018 comes to a close, it’s time to look at some our favorite apps of the year. While not all of these are brand new, many of them popped up onto our radar for the first time in 2018, and are definitely worth the attention. Others are some of our favorites that are still best-in-class despite having been around for some time now. We aim to do things differently at TNW, and as such you’re not going to find the recommendations you’re probably used to seeing: Gmail, Skype, Dropbox, and the like. Instead, we want to focus on the best-of-the-best that you may not have heard of, and others that are just special enough to warrant a mention. As always, we’d encourage you to share some of your favorites in the comments below, or on Facebook. Enlight Pixaloop (Free Pixaloop  is one of my favorite apps on the market. Unlike typical image editors that allow you to remove red eye or apply a filter, Pixaloop allows you to create stunning photo animations with a few clicks on your
Read more