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Former Oath CEO Tim Armstrong is exiting Verizon with a payout worth more than $60 million

Former Oath CEO Tim Armstrong is exiting Verizon with a payout worth more than million Tim Armstrong will leave Verizon Communications with an awards and benefits package worth more than $60 million. The Wall Street Journal calculated the total amount based on a securities filing from last Monday by combining Armstrong’s compensation […]

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Verizon reports mixed results for Q4 2018

Verizon reports mixed results for Q4 2018 Verizon (TechCrunch’s parent company) just released its earnings report for the fourth quarter of 2018. The company generated $34.3 billion in revenue with an adjusted EPS of $1.12 that excludes special items. Verizon’s actual EPS for this quarter is 47 cents. The reason why the […]

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Oath officially becomes Verizon Media Group on January 8

Oath officially becomes Verizon Media Group on January 8 A year and a half after giving birth to Oath, Verizon’s officially rebranding its media group as…wait for it…Verizon Media Group. It’s simple, it’s straightforward, it says what it does on the package — and most importantly, it makes a hell of a […]

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Verizon declines to comment on WSJ report saying Tim Armstrong is in talks to leave Oath

Verizon declines to comment on WSJ report saying Tim Armstrong is in talks to leave Oath The Wall Street Journal is reporting that Tim Armstrong is in talks to leave Verizon as soon as next month. Armstrong heads up the carrier giant’s digital and advertising division, Oath (formerly AOL, prior to the […]

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Verizon is shutting down go90

Verizon is shutting down go90 Verizon is pulling the plug on go90, its mobile video service (disclosure: Verizon owns Oath, which owns TechCrunch). It represented a big investment for the telecom company. After a big splashy launch in October 2015, the service never really found its audience. “Following the creation of Oath, […]

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Verizon stealthily launched a startup offering $40-per-month unlimited data, messaging and minutes

Verizon stealthily launched a startup offering -per-month unlimited data, messaging and minutes Earlier this year, Verizon quietly launched a new startup called Visible, offering unlimited data, minutes, and messaging services for the low, low price of $40. To subscribe for the service, users simply download the Visible app (currently available only on iOS) […]

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SmugMug acquires Flickr

SmugMug acquires Flickr Two photo-sharing services are teaming up, as SmugMug buys Flickr from Verizon’s digital media subsidiary Oath. USA Today broke the news and interviewed SmugMug CEO Don MacAskill, who said he hopes to revitalize Flickr . At the same time, he said he’s still figuring out his actual plans: “It […]

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MoviePass’ parent company acquires Moviefone

MoviePass’ parent company acquires Moviefone Helios and Matheson Analytics, which already owns movie ticket subscription service MoviePass, has acquired Moviefone. Despite the old-school name, Moviefone is now a digital media business with trailers, movie information and ticketing via Fandango — it says it reaches 6 million unique visitors each month. Moviefone was […]

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Farewell, unpaid blogger: HuffPost drops free contributor platform that drove its growth

Farewell, unpaid blogger: HuffPost drops free contributor platform that drove its growth  As the US media, tech world and the powers that be in Washington continue to try to figure out how to tackle things like fake news, the level of discourse, and how to keep the business of publishing from falling off […]

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AIM is officially dead

AIM is officially dead  Say “goodbye” (in the AIM voice, if possible) to Aol Instant Messenger. Back in October, Oath (the combined entity of Yahoo and Aol) announced that it would shutter AIM on December 15. Yes, today is the day. All good things come to an end. On Dec 15, we’ll […]

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