Italian company pays $1.5B for America's most embarrassing email domain

AOL was worth over $100 billion when it merged with Time Warner in 2000. Now it's worth $1.5 billion. Italian tech holding company Bending Spoons just agreed to buy AOL from Apollo Global Management for roughly $1.5 billion, reports Axios, in what amounts to a face-saving exit for a brand that's been circling the drain for two decades. — Read the rest
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