Verizon buys Yahoo for $4.83 billion
July 25, 2016 at 07:07 AM EDT
After a months-long bidding process and many layoffs, Yahoo has finally found a buyer. Verizon (which owns AOL, which owns TechCrunch) is officially acquiring Yahoo’s core business for $4.8 billion, which includes Yahoo’s advertising, content, search and mobile activities. Read More