Storing great pools of data is an increasingly figured-out challenge. Between public clouds, and data lakes more specifically, you can stick oceans of corporate data in any number of places. But leveraging that data into something useful is another challenge altogether. The analogy that data is this era’s oil is at best half-baked. Oil takes […]
Apollo completes its $5B acquisition of Verizon Media, now known as Yahoo
Private equity firm Apollo Global Management this morning announced that it has completed its acquisition of Yahoo (formerly known as Verizon Media Group, itself formerly known as Oath) from Verizon. The deal is worth $5 billion, with $4.25 billion in cash, plus preferred interests of $750 million. Verizon will be retaining 10% of the newly […]
Is Facebook the AOL of 2021?
A new article at ZDNet argues that “The 1990s had a word for being trapped inside a manipulative notion of human contact: AOL.”
“Facebook and its ilk are the rebirth of that limited vision.”
Once upon a time, roughly thirty years ago, there was a com…