Verizon is officially the owner of Yahoo, while Yahoo CEO resigns.
14 June 2017, 12:39
As of today, Verizon is officially the owner of Yahoo. Yahoo’s assets are now being mashed up with those of AOL, which Verizon bought in 2015, into a horribly named new division called Oath. Oath will contain sites like HuffPost, Yahoo Sports, TechCrunch, and Engadget, as well as apps and services like Alto and Brightroll. Tumblr will also fall under the Oath umbrella.