Daily Archives: 2021-05-03

Verizon sells AOL and Yahoo for about half of what it paid

Source: The Verge - All Posts

Article note: Who would have imagined that buying dying tech companies then jerking around their remaining desirable brands would result in selling them a couple years later for half of what you paid...
aol man

Verizon has sold its AOL and Yahoo properties to Apollo Global Management in a deal said to be worth $5 billion, about half of the nearly $9 billion Verizon originally paid for the pair. Verizon will maintain a 10 percent stake in the company, now known as Yahoo and led by CEO Guru Gowrappan. The deal, which includes Verizon’s ad tech business, was heavily rumored over the last week and is still subject to closing conditions. Once complete, it’ll bring an end to Verizon’s troubled experiment with media production and advertising.

Apollo is a private equity firm that owns the Venetian resort in Las Vegas and crafts retailer Michaels. Apollo co-founder Leon Black recently stepped down as Chairman, soon after it was revealed that he paid...

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New Spectre Vulnerability Beats Mitigations, Performance to Badly Drop After Fix

Source: Hacker News

Article note: And again. Because once someone looked into the absurd nest of generations of half-baked hacks to make the numbers go up inside a modern high-performance commodity microprocessor, the shit-show is going to keep unraveling until the parts perform worse than if none of the speculation and hidden caches and such were there. The assumed environment commodity computer hardware (...and software) was designed for was not multi-tenant (VM/Cloud), and was not 'automatically download and run random code from the network' (browser-as-runtime). It's possible to design computers for that, and at one point a bunch of larger systems vendors did (...and IBM is the only one still hanging on), but we're dozens of generations into lines that were designed as single-user detached systems then outgrew themselves.
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