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HuffPost is reportedly on the auction block

HuffPost is reportedly on the auction block Late last night the Financial Times reported that HuffPost, arguably one of the crown jewels of Verizon Media Group’s remaining network of media properties (which includes TechCrunch), is up for sale. Verizon has been shedding media properties in a retreat from the strategy that it […]

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Australia passes law to hold social media companies responsible for “abhorrent violent material”

Australia passes law to hold social media companies responsible for “abhorrent violent material” On Thursday, Australia lawmakers ushered through what is perhaps the toughest legal measures to hold social media companies accountable for the content they share. Only a few weeks after the massacre of 50 people at mosques in Christchurch, New […]

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Profits at The New York Times show media dinosaurs are ruling the internet

Profits at The New York Times show media dinosaurs are ruling the internet Today’s news that the (failing?) New York Times reported net income of $55.2 million, after losses a year earlier — and that its digital business raked in $709 million — is just one indicator that some of the nation’s oldest […]

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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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Verizon Media Group is laying off 7 percent of its workforce

Verizon Media Group is laying off 7 percent of its workforce The Verizon division formerly known as Oath is laying off 7 percent of its workforce, which amounts to roughly 800 employees. Oath was created after Verizon acquired AOL, followed by Yahoo, bringing them together two years ago as a combined digital […]

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