Verizon Sells Yahoo, AOL to Apollo

Verizon has revealed that it’s offloading Yahoo and AOL to private equity firm Apollo Global Management for $5 billion, around half of what it paid for the two properties. Verizon will retain a 10 percent stake in the company, which

Milan-based agency ES_PR Puts Digital Transformation in the Spotlight

MILAN — Fashion veteran Emanuela Schmeidler is adding new digital-focused services to ES_PR, the communication and p.r. agency she founded in Milan in the early 2000s. The agency, which represents clients including Condé Nast Italia, BMW, Bulgari, Schiaparelli Pinko and

The New Yorker Union, Conde Nast Agree on ‘Just Cause’ Clause

The New Yorker Union and the magazine’s owner Condé Nast reached an agreement over a “just cause” clause in the union’s contract following 35 hours of negotiation. Unionized staffers at The New Yorker have been negotiating for more than a