Via dialup. With the latest is fox businesss own jo ling kent. Nice one melissa. Aol has come a long way since you got mail. Verizon is buying the company for 4. 4 billion, about 50 a share which is a 23 premium on the stock t will turn the largest u. S. Wireless carrier to leading provider of mobile video content. Ceo Tim Armstrong will continue to lead company at least for now. Verizon announced it would launch a Video Service over the summer for mobile devices with hopes to increase revenue. According to reuters verizons chief financial sister said it will be paid content aimed at younger viewers. Aol will play into. To tap into the growing digital ad market as well possibly driving more competition with facebook and google. The move will also allow verdicts to rival at ts pending acquisition of at t which bets on mobile video. Analysts do not love the move for aols stock. Analysts at Cantor Fitzgerald and ever core both downgraded shares of aol despite this aol shares are jumping.
City Council members have responded in a positive way to funding the development of a “foundational” plan that could eventually lead to connecting the Chief Ladiga Trail to the city.