Specialist Ronnie Howard works at his post on the floor of the New York Stock Exchange, Tuesday, May 12, 2015. (AP Photo/Richard Drew)
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Verizon is buying AOL for about $4.4 billion, advancing the telecom's push in both mobile and advertising fields.That has put Verizon at odds with major content companies like ESPN as it sees more customers cut the cord in favor of video that is streamed online.Verizon will gain access to AOL's advanced advertising technology, including its "One by AOL" integrated platform. Verizon has 108.6 million wireless customers, 5.7 million FiOS video subscribers and 6.7 million Internet subscribers.A year after the MapQuest purchase, AOL merged with Time Warner to form AOL Time Warner.The company changed its name from America Online to AOL during that time. In 2009 AOL was spun off from Time Warner, becoming an independent, publicly traded company.
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