Verizon is reportedly considering an AOL takeover


Bloomberg reports that Verizon has allegedly approached AOL about a potential purchase or joint venture. Verizon is reportedly most interested in AOL's automated online ad platform, but sources say Verizon also sees AOL as a lucrative partner for online video content.
AOL shares rose by as much as 13 percent on Monday night after the news broke. But sources told Bloomberg that the deal is still in the early stage and is speculative. As of now, Verizon hasn't made a formal proposal to AOL.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Meghan DeMaria is a staff writer at TheWeek.com. She has previously worked for USA Today and Marie Claire.
-
George Floyd: Did Black Lives Matter fail?
Feature The momentum for change fades as the Black Lives Matter Plaza is scrubbed clean
-
National debt: Why Congress no longer cares
Feature Rising interest rates, tariffs and Trump's 'big, beautiful' bill could sent the national debt soaring
-
Why are military experts so interested in Ukraine's drone attack?
TODAY'S BIG QUESTION The Zelenskyy government's massive surprise assault on Russian airfields was a decisive tactical victory — could it also be the start of a new era in autonomous warfare?
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstances
Speed Read
-
Western mountain climbers allegedly left Pakistani porter to die on K2
Speed Read
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governor
Speed Read
-
Los Angeles city workers stage 1-day walkout over labor conditions
Speed Read
-
Mega Millions jackpot climbs to an estimated $1.55 billion
Speed Read
-
Bangladesh dealing with worst dengue fever outbreak on record
Speed Read
-
Glacial outburst flooding in Juneau destroys homes
Speed Read
-
Scotland seeking 'monster hunters' to search for fabled Loch Ness creature
Speed Read