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Operator: Good afternoon, and thank you for standing by. Welcome to the Western Digital Fiscal Second Quarter 2023 Conference Call. Presently, all participants are in a listen-only mode. .
Zora Martin Felton, the first Black woman to graduate from Moravian College for Women in 1952, died in March at age 91. She is remembered as a trailblazer and force for positive change in her community, both while growing up in the Lehigh Valley and during her career in Washington, D.C., as a museum curator.
Verizon sells media group for $5 billion, AOL and Yahoo sold at a loss
A report from
The Verge confirms speculation that Verizon was in talks to sell its media group. This group includes both AOL and Yahoo!, websites that were once popular in the years that preceded the birth of the modern smartphone.
The following list includes all the brands part of the Verizon Media group:
Yahoo!
In the Know
Verizon sold off its Verizon Media group properties to Apollo Global Management, parent company of the Venetian Resort and Casino in Las Vegas. The transaction was reportedly worth $5 billion, a stark contrast to the combined near-$9 billion that Verizon spent to acquire AOL in 2015 ($4.4 billion) and then Yahoo in 2017 ($4.5 billion). Following the deal of AOL and Yahoo’s sale, Verizon remains with 10% stake in the media group.