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Credit.Richard Drew/Associated Press
May 3, 2021, 7:31 a.m. ET
Verizon Communications, signaling that it has given up on its media business, said on Monday that it had agreed to sell Yahoo and AOL to the private equity firm Apollo Global Management for $5 billion.
The sale also includes Verizon’s advertising technology business. Verizon will retain a 10 percent stake in the overall business, it said in a statement.
“This next evolution of Yahoo will be the most thrilling yet,” Guru Gowrappan, Verizon Media’s chief executive, said in a memo to employees Monday, which was obtained by The New York Times.
This article is part of the On Tech newsletter. You can to receive it weekdays.
Google loves to be different. So it’s no surprise that the company has out-there ideas for the post-pandemic office.
As Google starts to bring employees back to offices in some regions, it plans to experiment with ways to give them more elbow room and blend elements of virtual work with in-person collaboration. The goal, as my colleague Dai Wakabayashi described in an article on Google’s vision of the new office, is to reimagine a happier and more productive workplace.
Dai spoke to me about what Google learned from the last year of employees working mostly away from offices, and whether a company with limitless resources will be a model of the future workplace.
German Authorities Break Up International Child Sex Abuse Site
German prosecutors called the online platform they took down one of the largest on the dark web. Three men, accused of running the site, have been arrested.
A computer server rack in a disused NATO bunker discovered by German police in 2019 and used to host sites on the dark net. Credit.Rhineland-Palatinate Police Press Office/EPA, via Shutterstock
May 3, 2021, 11:16 a.m. ET
BERLIN German prosecutors have broken up an online platform for sharing images and videos showing the sexual abuse of children, mostly boys, that had an international following of more than 400,000 members, they said on Monday.
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