With AOL In The Bag, What's Next For Verizon?

The company also gave out details on the expanded role of AOL CEO Tim Armstrong, who will continue to lead AOL operations post-closing. He will report to Marni Walden, Verizon executive vice president and president of Product Innovation and New Businesses. On the other hand, Bob Toohey, president of Verizon Digital Media Services, will now report to Armstrong. AOL's mobile and video advertising technology was the primary draw for Verizon, as it looks to capitalize on two of the biggest trends in...