Mobile Startup Jana Gets $57 Million From Verizon Ventures for Expansion

Mobile startup Jana has a new influx of cash and an old industry hand as a new adviser. It recently nabbed a $57 million funding from Verizon Ventures for expansion in developing countries.

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Teenage hacker cracked CIA director's email, targets Trump and Hillary next

CIA director, John Brennan's AOL email has been hacked. It was claimed by a high school student with the Twitter account of @phphax. The student cracker forewarns Donald Trump and Hillary Clinton as his next target.

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AOL buys web developer Ashe Avenue

AOL recently acquired Ashe Avenue, its second acquisition after being acquired by Verizon. AOL also acquired Velos, a predictive analytics startup group that they also almost immediately shut down.

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Verizon to buy AOL in $4.4 billion deal

Verizon Communications Inc (VZ.N) said it would buy AOL Inc (AOL.N) in a deal valued at about $4.4 billion to gain access to AOL's digital advertising service and content.

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Starboard urges Yahoo to buy back up to $4 billion of shares

Yahoo Inc shareholder Starboard Value LP said the company's spinoff of its stake in Alibaba Group Holding Ltd was a "good first step" but it could do more, including a share buyback of up to $4 billion.

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Verizon approaches AOL on potential deal

Verizon Communications Inc (VZ.N) approached AOL Inc (AOL.N) about a potential acquisition or joint venture to expand its mobile-video offerings, Bloomberg reported, citing people with knowledge of the matter.

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Activist investor Starboard discloses stakes in Yahoo, AOL

Activist investor Starboard Value LP disclosed stakes in Yahoo Inc and AOL Inc on Friday, nearly two months after it urged the two companies to merge.

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Some unhappy Yahoo investors asking AOL for rescue

At least two top-10 Yahoo Inc (YHOO.O) shareholders are so unhappy with Chief Executive Marissa Mayer's turnaround efforts that they are making a direct plea to AOL Inc (AOL.N) CEO Tim Armstrong to explore a merger and run the combined company.

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Yahoo-AOL merger proposal: recipe for revival, or stagnation?

A proposed merger of Internet pioneers AOL Inc and Yahoo Inc could create a nimbler player in Web video, but strong growth, the measure of success in Silicon Valley, would remain elusive.

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Activist investor buys stake in Yahoo, urges AOL merger

Activist investor Starboard Value LP said on Friday it has acquired a "significant" stake in Yahoo Inc YHOO.O and urged the Internet company to explore a merger with AOL Inc AOL.N.

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AOL to invest in Israeli start-ups

AOL Inc said on Sunday it is starting a program inIsrael to assist start-ups, and that it will invest at least $100,000 in as many as 10 projects at a time. The Internet giant already has a development center in Israel, and its new project, called Nautilus, is meant to give

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As big ad deal falls apart, firms start thinking small

The collapse of the $35 billion merger of New York-based Omnicom with France's Publicis is likely to lead the world's biggest ad agencies to think small as they try to counter the challenge from internet giants like Google.

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Yahoo in talks to acquire San Francisco enterprise app studio Tomfoolery for $16M -sources

Internet giant Yahoo is reportedly in advanced talks to purchase San Francisco, California-based enterprise app studio Tomfoolery in a deal valued at $16 million, according to different sources.

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Time Warner's magazine unit files for spin-off

Time Warner Inc moved another step closer to spinning off its magazine assets as Time Inc, the publisher of People, Fortune and the eponymous newsweekly Time, filed with regulators on Friday to list itself as a standalone company.

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AOL's Patch unit to lay off up to 500 workforce

AOL would lay off half of the personnel in its local news sites unit Patch as well as shutter of consolidate approximately 150 of its 900 websites.

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