Verizon CEO memo: Apollo to focus on commerce, content and betting with new Yahoo business

Verizon CEO memo: Apollo to focus on commerce, content and betting with new Yahoo business

3 years ago
Anonymous $OlGJJXacOb

https://techcrunch.com/2021/05/03/verizon-ceo-memo-apollo-to-focus-on-commerce-content-and-betting-with-new-yahoo-business/

With Verizon’s long-anticipated sale of its media business now finally in progress — by way of a deal, announced earlier today, with private equity firm Apollo paying $5 billion for Yahoo, AOL, and the many various internet brands and services that are part of the operation (including us, TechCrunch) — the next very likely question is, what comes next?

Hans Vestberg, the CEO of Verizon, laid out a taste of what is to come: commerce, content and betting.

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