Verizon to combine Yahoo and AOL in digital ad push
Verizon wins Yahoo and AOL assets in a 4.5 billion sale to create a unified digital ad platform aimed at competing with Google and Facebook. About 2100 jobs, or 1 percent of 14000, to be cut as the deal closes by Tuesday. The merged group will leverage Yahoo and AOL sites, plus data and ad tech, to offer targeted ads across Verizon's mobile and online properties.
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Verizon
Yahoo
AOL
Google
Facebook
Go90
Pivotal
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Associated Press
Verizon eyes AOL Yahoo tie up in new Oath venture
CFRA Research notes the ad business would be a big deal for Verizon if smooth, as Tim Armstrong pushes AOL Yahoo merger into a broader Oath. The merged unit aims to expand news sports entertainment finance and lifestyle coverage with emphasis on video and mobile amid dominance of Facebook and Google in digital ads.
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Cfra Research
Angelo Zino
Verizon
Tim Armstrong
Google
AOL
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Engadget
Oath
Cosby sexual assault probe ended as police worked
NORRISTOWN Pa A prosecutor who declined charges in 2005 shut the case while police were reviewing leads and testimony showed District Attorney Bruce Castor ended the probe after four weeks saying evidence could not be charged. Cosby 79 faces possible life in prison if convicted of drugging and molesting Andrea Constand.
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Bill Cosby
Bruce Castor
Cheltenham
Richard Schaffer
Cosby
Castor
Schaffer
Andrea Constand
Temple University
Constand
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