Verizon has announced that it's selling its Verizon Media division, which is comprised of Yahoo and AOL. The deal is worth $5 billion for a 90% stake in the company, with Verizon keeping 10%.
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Microsoft and Verizon Media have expanded their partnership, under which Yahoo's search ads will be served by Bing Ads. An increase in clicks of 10% to 15% is expected in the U.S. under the alliance.
