For the second time in two months, a Yahoo-Aol merger is in the headlines. According to a new report from Reuters, top shareholders are pressuring Yahoo to join with the company formerly known as America Online.
Is AOL discontinuing email service?
It is based on technology from MailBlocks, which AOL acquired in 2004. As of July 2012, there were 24 million AOL Mail users. On March 16, 2017, Verizon, which had acquired AOL in 2015, announced that it would discontinue its in-house email services for internet subscribers, and migrate all customers to AOL Mail.
When did AOL end?
June 23, 2015 AOL was eventually spun off from Time Warner in 2009, with Tim Armstrong appointed the new CEO. Under his leadership, the company invested in media brands and advertising technologies. On June 23, 2015, AOL was acquired by Verizon Communications for $4.4 billion.