(Peter Kafka) / Re/code
New Verizon execs say old Verizon execs made a $5 billion mistake betting on AOL and Yahoo – And Verizon investors seem fine with that. It was easy to predict that Verizon would end up regretting the $10 billion or so that it had invested in AOL and Yahoo. The two companies used to define the internet, but by the time the phone company bought them, they were …
