Verizon Finalizes $4.8 Billion Deal to Acquire Yahoo

Posted onJuly 24, 2016AuthorPaul Sweeting

Verizon has agreed to pay $4.8 billion to acquire Yahoo, ending a drawn-out auction process for the beleaguered internet company. The web pioneer once had a market capitalization of more than $125 billion.

One of the more striking aspects of the conversation around Musk’s pursuit of Twitter, including from Musk himself, has been its U.S.-centric focus. Much of the discussion has been framed against the backdrop of the U.S. culture war and the ersatz controversy over so-called cancel culture, such as around whether Musk will invite U.S. figures like Donald Trump, Katie Hopkins and Alex Jones to rejoin the platform after they were banned by the previous management for violating Twitter’s policies on hate speech and disinformation. Yet Twitter is a global platform. Read More …

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