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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.
Source: CNBC.com
Could ad blockers wreck online media's revenue?

Media stocks have been tanking on concerns that ad dollars are moving online. But the shift brings another problem: The growth of ad blocking.
Source: CNBC.com | By: Julia Boorstin
Media downgrades feeling bundle burn?  

Jon Steinberg, CNBC contributor, takes a look at what prompted Disney's downgrade by Bernstein.
Source: CNBC.com
Faber Report: Symantec to sell Veritas  

CNBC's David Faber explains Carlyle's deal to buy Symantec's Veritas business for $8 billion in cash.
Source: CNBC.com
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