HD Prime, 15/5 internet and Digital Voice landline. Had Verizon FIOS triple play installed at my house about 12 days ago. Before this moment millions of applications will need to either adopt a new convention for time stamps or be migrated to 64-bit systems which will buy the time stamp a "bit" more time. Hi, need help on resolving this issue with Verizon. On this date the Unix Time Stamp will cease to work due to a 32-bit overflow. This is very useful to computer systems for tracking and sorting dated information in dynamic and distributed applications both online and client side.
It should also be pointed out (thanks to the comments from visitors to this site) that this point in time technically does not change no matter where you are located on the globe. Therefore, the unix time stamp is merely the number of seconds between a particular date and the Unix Epoch. This count starts at the Unix Epoch on January 1st, 1970 at UTC. Under Apollo, Verizon's former media properties will be challenged to grow and become profitable in order to attract yet another sale or exit down the road.ĭisclosure: Comcast is the parent company of NBCUniversal, which owns CNBC.The unix time stamp is a way to track time as a running total of seconds. But Mayer's Yahoo failed to live up to her ambitions, its valuation sank and it eventually sold to Verizon. Mayer made big bets at Yahoo, including reformatting its news properties like Yahoo Finance and buying the popular blogging platform Tumblr for more than $1 billion. After burning through several CEOs, Yahoo tapped Google's Marissa Mayer to run the company. Yahoo endured its own struggles over the last decade. After spinning out from Time Warner, AOL struggled under Armstrong, despite making bold bets on digital media properties like HuffPost and the network of local news sites called Patch. Verizon Media's sale to Apollo marks the latest turn in decades-long roller coaster ride for AOL and Yahoo, two of the most dominant forces in the early days of the consumer internet. Comcast, another internet provider, is still in the media business as well with NBCUniversal. AT&T is still trying to grow WarnerMedia into a streaming competitor to Netflix and Disney, even as it struggles with loads of debt from its media acquisitions. With the sale of Yahoo and AOL, Verizon signaled it is no longer interested in media, unlike its rivals.
Gowrappan will continue to lead Yahoo under Apollo. Oath rebranded again as Verizon Media Group in November 2018 and was run by Guru Gowrappan. Under former AOL CEO Tim Armstrong, the Yahoo and AOL brands were converged into a new online media division within Verizon called Oath.īut the Oath project largely failed to gain momentum, and Armstrong left the company in 2018. It also recently sold off or shut down other media properties like Tumblr and Yahoo Answers.īefore that, Verizon's original vision was to turn Yahoo and AOL properties into online media behemoths that could take on Google and Facebook's dominance in online advertising. Last year, Verizon sold HuffPost to BuzzFeed. There has been increasing evidence recently that Verizon wanted to sell off its media properties and instead focus on its wireless networks and other internet provider businesses. Verizon and Apollo said they expect the transaction to close in the second half of 2021. Verizon will get $4.25 billion in cash from the sale along with its 10% stake in the company.
Verizon bought AOL for $4.4 billion in 2015 and Yahoo two years later for $4.5 billion. The sale will see online media brands under the former Yahoo and AOL umbrellas like TechCrunch, Yahoo Finance and Engadget go to Apollo at much lower valuations than they commanded just a few years ago.