Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
Begin: WordPress Article Content It was an interesting day at AOL.As you probably saw, Verizon has reached an agreement to acquire AOL for $4.4 billion. There’s a general feeling that this deal was mostly about AOL’s ad business (Verizon’s John Stratton said “the principal interest was around the ad tech platform”) — so what does…
WILMINGTON, Del., May 12, 2015 /PRNewswire/ – Rigrodsky & Long, P.A.: Do you own shares of AOL Inc. (NYSE:AOL)? Did you purchase any of your shares prior to May 12, 2015? Do you think the proposed buyout price is too low? Do you want to discuss your rights? Rigrodsky & Long, P.A. announces that it is…
According to numerous sources, while it has been negotiating its deal to sell to Verizon, AOL has also been in advanced discussions with a number of parties to spin off its flagship Huffington Post content unit. The talks have been most serious with Axel Springer, the German media conglomerate, but a number of private equity…
AOL’s short second life as an independent media and online advertising company will end as it’s agreed to be bought by Verizon for $4.4 billion, the companies announced Tuesday. The all-cash deal will give Verizon, a wireless and internet data provider, a digital video and advertising business, along with AOL’s expensively acquired news properties like…
When Steve Jobs released the first iPhone in June 2007, Apple Inc. and Verizon Communications Inc. were worth almost exactly the same in the public markets: About $115 billion. What came over the next eight years was one of the greatest transfers of power and wealth in corporate history. Mobile phone operators—who had been brutish, intractable gatekeepers to the customer—were turned into Apple’s lackeys….
Verizon Communications Inc. agreed to buy AOL Inc. in a $4.4 billion deal aimed at advancing the telecom giant’s growth ambitions in mobile video and advertising. The all-cash deal values AOL at $50 a share, a 23% premium over the company’s three-month volume-weighted average price. AOL shares rose 18% in morning trading to $50.18. Verizon shares fell 1.7% to $48.98….
Peaceful protesters have been pleading their case against police brutality for months in Baltimore. I kept hearing people say, “Baltimore is not Ferguson,” meaning, I suppose, that we do not repress our issues of wealth and racial disparity or deny them. Baltimore, after all, has been a city in recovery for half a century now….
Yesterday Twitter released very disappointing quarterly results, with misses on both user and revenue growth. From the Wall Street Journal: Twitter Inc. delivered its weakest quarterly revenue growth as a publicly traded company, casting a shadow on its fledgling advertising business, which until now has been a consistent bright spot. Investors, who sent the company’s…
I was asleep when I heard the door rattle against the frame. My eyes flashed open and I sprung upright in my under-desk sleep space. Was it all over? Had someone come to work early? I peered over my desk, afraid of what I might see. The morning sun burned through the chicken-scratch graffiti of…
At age 21, I was handed control of a million-dollar company with more than 250 employees when I was named editor-in-chief of The Daily Tar Heel, the independent student newspaper at the University of North Carolina at Chapel Hill. The only reason I ever came to the University of North Carolina was to work for…