After shelving its own online TV effort, New York-based Verizon decided to partner with the two technology giants for video content, a first step toward eventually competing nationally against internet and pay TV providers.
In a letter to Senator Ron Wyden of Oregon dated June 15 and released by Wyden's office on Tuesday, Verizon said it was beginning the process to stop selling customer location data to vendors that aggregate the data.
AirBnb, Reddit, Shutterstock, Inc, Tumblr, Etsy, Twitter and a long list of small internet companies urged the Federal Communications Commission on Monday to scrap a plan to roll back net neutrality rules.
Esports will start winding down Friday as Verizon decided to focus on the Yahoo Sports brand, Travis Gafford, who heads the Esports unit, sad in a note to readers and viewers. Verizon shares closed little changed at $46.64 in New York Thursday. The stock is down 13 percent this year.
About 2,100 jobs are on the chopping block as Verizon prepares to combine Yahoo and AOL for a digital advertising offensive.AOL and Yahoo will cut 15 percent of the 14,000 workers they now employ, or about 2,100 jobs.