Yahoo! News is a USA website covering National News.
Yahoo News is a digital news aggregator similar to Google News and Newser, which trade on easy access to headlines. Yahoo News produces some of its own news coverage but also sources heavily from the Associated Press, Reuters and Agence France Presse (AFP) along with newspapers and local TV stations. Katie Couric, formerly employed by CBS News, worked at Yahoo News from 2013 to 2017.
The service deceptively intersperses editorial and advertising content in the same presentation style to generate clicks and views for advertisers.
Telecom company Verizon Communications bought most of the old Yahoo company, including Yahoo News, for $4.8 billion on June 13, 2017. It formed a business called Verizon Media Group to operate the assets of Yahoo and AOL, which it acquired in 2015. On September 1, 2021, Verizon Media Group was sold to private equity company Apollo Global Management for $5 billion. Verizon kept a 10% stake in the new company, which has been renamed Yahoo Inc.
This website is owned by Yahoo Inc.
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Under New Ownership, Verizon Media Group becomes Yahoo Inc. Apollo Global Management to Buy Verizon Media Group Yahoo and AOL become part of "Oath"
Every Journalist Who Misspeaks Should Be Fired
Yahoo! News Fires Washington Bureau Chief Over Romney Remark
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-- On September 1, 2021, private equity company Apollo Global Management completed its purchase of Verizon Media Group for $5 billion. The business, newly renamed Yahoo Inc., includes the assets of the old AOL and Yahoo companies, which Verizon Communications paid a total of $9.2 billion to acquire.
Yahoo wrote on September 1, 2021:
Apollo Funds Complete Acquisition of Yahoo
Posted by Mondo Times editors, Boulder, Colorado USA, September 8, 2021
-- On May 3, 2021, Verizon Communications said it will sell Verizon Media Group to private equity company Apollo Global Management for $5 billion. The business includes the assets of the old AOL and Yahoo companies, which the cellphone giant paid a total of $9.2 billion to acquire some years ago.
Verizon issued this press release:
Verizon Media to be acquired by Apollo Funds
Posted by Mondo Times editors, Boulder, Colorado USA, May 3, 2021
-- On June 13, 2017, Verizon Communications launched a new division called Oath, which mainly consists of the various business units of AOL and Yahoo. The two online relics, well over a decade past their glory days, offer services such as Yahoo News, The Huffington Post, TechCrunch and Engadget, along with popular email services.
Wireless giant Verizon paid $4.4 billion for AOL in...
-- That seems to be the outlook of Jack Shafer, writing at Reuters about the firing of David Chalian, the deposed Yahoo! News Washington bureau chief whose unflattering remark about Mitt Romney was picked up as background noise by an open microphone.
More from Why the Yahoos at Yahoo were wrong to fire David Chalian, published August 30, 2012:
"Chalian, whom I've never met, smeared the red...
-- On August 29, 2012, during an online video broadcast, Yahoo! News Washington bureau chief David Chalian could be heard in the background making a remark about GOP presidential candidate Mitt Romney and his wife, Ann.
Referring to African Americans caught in the path of Hurricane Isaac, Chalian said of the Romneys, who are attending the Republican National Convention in Tampa, FL, "They're not concerned...Also See:
USA National News Media
Yahoo! News website