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 millionCategory: Verizon Communications
Verizon and T-Mobile call out AT&T over fake 5G labels
AT&T recently started a shady marketing tactic that labeled its 4G network as a 5G network. Now, rivals Verizon and T-Mobile are not having any of it. In an open letter, in which AT&T is not named directly, Verizon says in part “the potential to over-hype and under-deliver on the 5G promise is a temptation […]
View More Verizon and T-Mobile call out AT&T over fake 5G labelsOath 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/OathYahoo agrees $50M settlement package for users hit by massive security breach
One of the largest consumer internet hacks has bred one of the largest class action settlements after Yahoo agreed to pay $50 million to victims of a security breach that’s said to have affected up to 200 million U.S. consumers and some three billion email accounts worldwide. In what appears to be the closing move to […]
View More Yahoo agrees $50M settlement package for users hit by massive security breachVerizon 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