Verizon sells its media business

Hi and welcome to Insider Advertising for May 4. I’m senior advertising reporter Lauren Johnson, and here’s what’s going on:

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5G verizon

Verizon just sold AOL and Yahoo for $5 billion, and the new company will be known as ‘Yahoo’ going forward

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Kasper Rørsted

Adidas is requiring some ad agencies to pay back more than 10% of their earnings, squeezing small firms

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clubhouse:tiktok house 2x1

A startup promised influencers the Hollywood dream, replete with a mansion. But some insiders say its CEO bullied talent, made misogynistic comments, and treated their personal lives like ‘a game.’

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More stories we’re reading:

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