Verizon snaps up AOL for a cool $4.4 billion

AOL just got bought by the king of mobile. Photo: Verizon
AOL just got bought by the king of mobile. Photo: Verizon

Mobile giant Verizon has announced that it will acquire the former media kingpin AOL in an all-cash deal worth $4.4 billion.

Although AOL is virtually an afterthought these days, Verizon has said that it will use the deal to help push its online video content, which it has made efforts to become a leader in.

Notably, the deal also makes Verizon the owner of The Huffington Post, Techcrunch, Engadget and others.

Apple’s Open Letter Demanding NSA Surveillance “Accountability”

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iOS 8 is Apple's most privacy-conscious mobile OS yet.
iOS 8 is Apple's most privacy-conscious mobile OS yet.

Apple had added its name to an open letter from the tech industry — also signed by Google, Microsoft, Facebook, AOL and Yahoo! — demanding “oversight and accountability” of NSA surveillance.

The letter, sent Thursday, was addressed to the sponsors of the USA Freedom Act, a legislation designed to end bulk data collection by the National Security Agency. It claims that the tech industry (including Apple) welcome debate about the best way to further national security, while also protecting individual user privacy interests.