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Verizon Wants $1 Billion Discount After Yahoo Scandals, Still Fancies Itself The New Google

With wireless and fixed-line broadband growth slowing, Verizon has been steadily expanding into new growth territories to try and please insatiable investors. So far, that apparently includes buying failed 90s internet brands like Yahoo and AOL in the belief that it can somehow become a Millennial advertising juggernaut. Except that hasn't been going particularly well, as the stodgy old telco realizes that it's kind of hard to innovate when you've spent the last thirty years bumbling about as a government-pampered telecom monopoly almost solely focused on turf protection.
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