Verizon to Create "Oath" After Buying Yahoo

Verizon to Create

AOL released more information Tuesday about the Twitter tweet that AOL CEO Tim Armstrong released Monday, which revealed a new holding company that Verizon named Oath. It will then unite the internet company with AOL, under the brand of Oath. Yahoo originally agreed to sell its online operations to Verizon for $4.8 billion after years of unsuccessful attempts to boosts its revenue.

Recode claims that Armstrong will lead Oath, which has been rebranded to reflect the combination of AOL and Yahoo, and that he is now deciding which Yahoo executives to keep on his team. A rep for AOL didn't confirm or deny the change, but said the company would be "launching" a new company.

As Recode adds, it will also be interesting to see if she gets the full pay-out she is owed, after the recent hacking disaster and the general downturn in Yahoo's business during her tenure.

Liverpool midfielder Adam Lallana set to miss Merseyside derby with thigh injury
Henderson, who had been expected to return to training this week, has not featured for Liverpool since early February. Liverpool midfielder Adam Lallana has "no timescale" for his return from a thigh injury, according to a report.

In July of previous year, Verizon announced that it will acquire the core internet business of Yahoo for around $4.8 billion.

Armstrong confirmed the new brand in a tweet urging users to #TakeTheOath. Various data breaches reported by Yahoo have compelled Verizon to rethink their decision, but they ultimately chose to buy the internet division of the struggling veteran.

Last month, the Department of Justice indicted four individuals, including two offices of the Russian Federal Security Service, in connection with the Yahoo hack. Marissa Mayer has already foregone her chief executive role at the company and her responsibilities have been handed over to board member Thomas McInerney.

Roger Federer to play 23rd final against Rafa Nadal in Miami
The unseeded Fognini struggled to get going in the first set which was dominated by fifth-seeded Nadal. Federer can be beaten at some areas of the game these days, but he's undefeated in the game of inches.

This deal excludes Yahoo's 15% stake in Alibaba and Yahoo Japan, which will now be called Atlaba.

Yahoo boasted having more than a billion users monthly in 2016. If everything goes according to plan, soon people will be checking Oath Mail for their daily dose of spam and Oath News for curated news from across the web. That name is Altaba Inc, which isn't too much better than Oath.

Officer gets 40 years in prison in child's shooting death
Stafford fought back tears as he told jurors in Marksville last week that he didn't know the boy was in the vehicle . Prosecutors said the officers weren't in any danger and shot at the auto from a safe distance.

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