Former Oath CEO Tim Armstrong is exiting Verizon with a payout worth more than $60 million

Tim Armstrong will leave Verizon Communications with an awards and benefits package worth more than $60 million. The Wall Street Journal calculated the total amount based on a securities filing from last Monday by combining Armstrong’s compensation in 2018, severance and a special incentive package he was given by Verizon when it acquired AOL in […]

View More Former Oath CEO Tim Armstrong is exiting Verizon with a payout worth more than $60 million

Verizon reports mixed results for Q4 2018

Verizon (TechCrunch’s parent company) just released its earnings report for the fourth quarter of 2018. The company generated $34.3 billion in revenue with an adjusted EPS of $1.12 that excludes special items. Verizon’s actual EPS for this quarter is 47 cents. The reason why the company had to adjust its EPS is that the company […]

View More Verizon reports mixed results for Q4 2018

Oath officially becomes Verizon Media Group on January 8

A year and a half after giving birth to Oath, Verizon’s officially rebranding its media group as… wait for it… Verizon Media Group. It’s simple, it’s straightforward, it says what it does on the package — and most importantly, it makes a hell of a lot more sense than “Oath.” Division head Guru Gowrappan confirmed that […]

View More Oath officially becomes Verizon Media Group on January 8

Why Oath keeps Tumblring

I dig on my employer Oath, and then Tencent Music notes and a major loss for the NYC ecosystem and what it means for open source. TechCrunch is experimenting with new content forms. This is a rough draft of something new – provide your feedback directly to the author (Danny at danny@techcrunch.com) if you like […]

View More Why Oath keeps Tumblring

Oath agrees to pay $5M to settle charges it violated children’s privacy

TechCrunch’s Verizon-owned parent, Oath, an ad tech division made from the merging of AOL and Yahoo, has agreed to pay around $5 million to settle charges that it violated a federal children’s privacy law. The penalty is said to be the largest ever issued under COPPA. The New York Times reported the story yesterday, saying the […]

View More Oath agrees to pay $5M to settle charges it violated children’s privacy

Oath is dead. Long live Verizon Media Group/Oath

Friends, readers, internet browsers, lend me your ears; I come to bury Oath, not to praise it. The subsidiary brands that companies own live after them; Their terrible rebranding is oft interred with their bones; So let it be with Oath . The new Verizon chief executive, Hans Vestberg, told you Oath was ambitious: If it […]

View More Oath is dead. Long live Verizon Media Group/Oath

Verizon declines to comment on WSJ report saying Tim Armstrong is in talks to leave Oath

The Wall Street Journal is reporting that Tim Armstrong is in talks to leave Verizon as soon as next month. Armstrong heads up the carrier giant’s digital and advertising division, Oath (formerly AOL, prior to the Yahoo acquisition and the subsequent merger of the two units). Oath also happens to be TechCrunch’s parent, of course. […]

View More Verizon declines to comment on WSJ report saying Tim Armstrong is in talks to leave Oath

Verizon stealthily launched a startup offering $40-per-month unlimited data, messaging and minutes

Earlier this year, Verizon quietly launched a new startup called Visible, offering unlimited data, minutes, and messaging services for the low, low price of $40. To subscribe for the service, users simply download the Visible app (currently available only on iOS) and register. Right now, subscriptions are invitation only and would-be subscribers have to get an […]

View More Verizon stealthily launched a startup offering $40-per-month unlimited data, messaging and minutes

Yahoo Mail launches new wave of updates with faster loads, photo themes, RSVPs, improved OOO

While many are on the lookout for new, big revamp of Gmail, its smaller competitor Yahoo Mail today jumped in first with its own set of updates, covering both new personalisation features and faster performance times. The changes come about 10 months after Yahoo Mail rolled out its own major redesign, and are an extension […]

View More Yahoo Mail launches new wave of updates with faster loads, photo themes, RSVPs, improved OOO

Polyvore is shutting down after being acquired by fashion retailer Ssense

Montreal-based fashion site Ssense is acquiring Polyvore from Verizon’s Oath, but the site will not live on. Ssense has already shut down the Polyvore site, taking its user data and redirecting traffic from the site’s main URL. Terms of the deal were not disclosed. Polyvore was previously owned by Oath, a Verizon subsidiary which also owns […]

View More Polyvore is shutting down after being acquired by fashion retailer Ssense