Verizon agrees to buy Yahoo for $4.83 billion

[iMore.com]

Yahoo has agreed to sell its core business to Verizon for $4.83 billion, signaling an end to one of the internet's most pioneering companies. Under the deal, Verizon will acquire Yahoo's search, mail and instant messaging services, along with its ad platform and a few real estate holdings.

Full story from the iMore Blog...