Similar Stories to Verizon Takes Massive $4.6 Billion Write-down On Its Media Business on Bing News

The purchases of AOL and Yahoo, at a cost of nearly $9 billion, haven't turned out as planned.

Topics:  aol   yahoo   billion   
BING NEWS:
  • Paramount Global Takes $1.3 Billion Charge in Q1 for Content Write-Offs, Layoffs
    Amid Paramount Global’s CEO shakeup, the media conglomerate reported a $1.3 billion charge for content write-offs and layoffs in Q1 2024.
    04/30/2024 - 2:29 am | View Link
  • Staff Cuts Reveal Verizon's Urgent Needs
    Management expects that the staff reductions, as well as the adjustments that go with them, will ultimately save the firm $10 billion. Such cutbacks, especially amid an otherwise strong jobs ...
    12/13/2018 - 6:19 am | View Link
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