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by Kelson Vibber, 2021-05-04
Huh.
Verizon has sold what remains of Yahoo! and AOL.
For half of what they paid for them. 🤦
Apparently the division formerly known as Oath and later as Verizon Media Group will be called Yahoo going forward, which is probably a good move.
I’ve got to say, though: Flickr and Tumblr really lucked out that Verizon sold them to companies that actually had something to do with their core service.
Flickr went to SmugMug, a photo-sharing company.
Tumblr went to Automattic, a blogging company.
I’d like to think someone at Verizon put in the effort to find a good fit for each. It’s probably more likely that they just weren’t in a hurry at the time, since they still thought they could get something out of the rest of what they bought from Yahoo.
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Cross-posted at K-Squared Ramblings