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Techmeme
May 12, 2015, 3:25 PM
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Verizon:
Verizon to acquire AOL at $50 per share at an estimated total value of $4.4B, Tim Armstrong to continue leading AOL operations  —  Verizon to Acquire AOL  —  Deal Creates Unique and Scaled Digital Media Platforms for Consumers, Advertisers and Partners  —  NEW YORK - Taking another significant step …
Ingrid Lunden / TechCrunch:
Internal memo from AOL CEO Tim Armstrong on Verizon takeover  —  In Big Content Push, Verizon Buys AOL For $4.4B [Internal Memo From AOL CEO Tim Armstrong]  —  So this just happened.  AOL, owner of TechCrunch, is getting acquired: U.S. carrier Verizon said in a statement that it is buying …
Kara Swisher / Re/code:
Sources: AOL in talks to spin off HuffPost, primarily with Axel Springer, at a valuation over $1B  —  AOL Has Been in Talks to Spin Off HuffPost as Part of Verizon Acquisition Deal  —  According to numerous sources, while it has been negotiating its deal to sell to Verizon …
Fred Imbert / CNBC:
AOL stock up more than 18% on news that Verizon is acquiring the company for $4.4B  —  Verizon to buy AOL for $4.4 billion  —  Telecom giant Verizon announced Tuesday it will be buying AOL for $50 per share, or about $4.4 billion.  —  The transaction will take the form of a tender offer followed …
Stephanie Sawler / Skype Blogs:
Skype Translator Preview now available to all, no sign-up required  —  Skype Translator Preview Access Just Got Easier!  —  Skype's mission is to bring people together from all over the world, and with Skype Translator we are breaking down language barriers that have historically …
Lorenzo Franceschi-Bicchierai / Motherboard:
Google Confirms Cops Can Wiretap Your Hangouts  —  In the wake of all the Edward Snowden revelations, a seemingly endless series of encryption apps, all promising some degree “NSA-proof” security, have come out trying to take advantage of this new anti-surveillance business opportunity.
Ben Popper / The Verge:
Lily is a drone that autonomously follows you with the aid of a pocketable GPS device, on sale for $499, will retail next month at $899  —  To use this drone, just throw it in the air and start running  —  The consumer drone industry is increasingly positioning itself as a maker of flying cameras, not autonomous robots.

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The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Sara Fischer / Axios:
60 Minutes' CECOT segment, pulled by Bari Weiss, was mistakenly aired in Canada via an app owned by Global Television, which airs 60 Minutes in the country

Alex Weprin / The Hollywood Reporter:
WBD's board says it will “carefully review and consider” Paramount's revised offer, which includes a full backstop personally guaranteed by Larry Ellison

Max Tani / @maxwelltani:
Email to staff: NPR's standards chief proposes limiting quotes from University of Richmond law professor Carl Tobias, “an expert at getting himself quoted”

More News

Jacob Kastrenakes / The Verge:
Verizon and Sprint to pay $158 million for cramming charges on customers' bills

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