Techmeme

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Benjamin Mullin / Wall Street Journal:
Tinder CEO Jim Lanzone will be the next CEO of Yahoo following the closure of Apollo's acquisition of Yahoo on September 1   —  Mr. Lanzone will join Yahoo as CEO later this month  —  Apollo Global Management Inc. is naming Tinder Chief Executive Jim Lanzone the new CEO of Yahoo …
Sep 10, 2021, 8:30 AMIn context
Mary Ann Azevedo / TechCrunch:
Agora, a materials management platform for building contractors, raises $33M Series B led by Tiger Global, bringing its total raised to about $45M   —  Agora, a startup that has built a materials management platform for contractors, has raised $33 million in a Series B round of funding led by Tiger Global Management.
Aug 12, 2021, 11:15 AMIn context
TechCrunch:
Business intelligence service ZoomInfo says it will acquire Chorus.AI, which makes AI-based software to analyze sales calls, for $575M   —  ZoomInfo announced this morning it intends to acquire conversational sales intelligence tool Chorus.AI for $575 million.
Jul 13, 2021, 9:00 AMIn context
Danny Crichton / TechCrunch:
SoftBank-owned Z Holdings has agreed to pay ~$1.6B to Verizon Media for perpetual use of the Yahoo brand and related tech in Japan in place of regular royalties   —  As firework volleys launched out of New York City harbor last night, a very different celebration was likely taking place …
Jul 5, 2021, 9:05 PMIn context
Tarush Bhalla / Livemint:
Quizizz, which helps teachers create gamified quizzes and interactive lessons that generate instant student feedback, raises $31.5M Series B led by Tiger Global   —  Education startup Quizizz has raised $31.5 million as a part of its ongoing Series B round led by US investment firm Tiger Global Management …
Jun 29, 2021, 9:20 PMIn context
Ben Thompson / Stratechery:
AT&T and Verizon conflated controlling distribution with controlling demand and hence wasted billions by buying media businesses like Time Warner and Yahoo   —  Manage your Stratechery subscription.  —  Felix Salmon asked a question on Twitter:  —  While Salmon's question was driven …
May 19, 2021, 8:20 AMIn context
Alex Sherman / CNBC:
Source: AOL has ~1.5M users paying $10 to $15/month for tech support and ID monitoring service AOL Advantage; dial-up users now number in the “low thousands”   —  - Apollo Global Management is paying $5 billion for Verizon Media Group, which houses Yahoo and AOL.
May 3, 2021, 4:10 PMIn context
Steve Kovach / CNBC:
Verizon says it will sell Yahoo and AOL to PE firm Apollo Global Management for $5B, keeping a 10% stake in the company, which will be rebranded as just “Yahoo”   —  - Verizon will sell its media group, which includes brands from AOL and Yahoo, to private equity firm Apollo Global Management.
May 3, 2021, 8:06 AMIn context
Bloomberg:
Sources: Verizon is nearing a deal to sell its media division, including AOL and Yahoo!, to Apollo; deal could be worth ~$5B and be announced as soon as Monday   —  - Deal for Verizon Media could be announced as soon as Monday  — Division includes online brands Yahoo!, AOL and TechCrunch
May 2, 2021, 5:50 PMIn context
Nick Statt / The Verge:
Yahoo Answers, one of the internet's most storied Q&A sites, will be shut down on May 4 and the company says a comprehensive archive will not be provided   —  The end of a long and storied internet era (of bad questions and even worse answers)  —  Yahoo Answers, one of the longest-running …
Apr 5, 2021, 3:45 PMIn context

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