AOL & Verizon

Verizon completes $4.4B acquisition of AOL

U.S. telecom giant Verizon has announced the completion of its AOL acquisition, as expected, for $50.00 per share. This effectively means that AOL shares are no longer being traded on the New York Stock Exchange, and AOL is officially a Verizon subsidiary.

Internet speed

Verizon speeds up file uploading for its FiOS customers

Beginning today, customers of Verizon’s fiber home Internet service, Verizon FiOS, will be able to upload files as quickly as they download them. The company announced an upgrade that it hopes will appeal to customers who frequently share content online.