AOL to buy mobile ad company Millennial Media NEW YORK- AOL, now owned by Verizon, plans to buy mobile advertising company Millennial Media in a deal worth about $248 million. Millennial Media, based in Baltimore, runs a marketplace where publishers and marketers can buy ads or sell ad space on mobile websites, videos and apps. AOL is paying $1.75 for each share of Millennial Media, a 31 percent premium from its...
Source: The Associated Press
Tech sector leads rebound Discussing market volatility, and the outlook for the private tech market, with Ted Leonsis, Groupon Chairman.
Verizon ditches two-year phone contracts The company unveiled new plans that offer a mix of discounts and price hikes and that require customers to pay for their smartphone, NBC News reports.
Source: NBC News
| By: Keith Wagstaff and James Eng