Armstrong out at Verizon's Oath after integrating AOL, Yahoo

Tim Armstrong, head of the Verizon unit that included faded internet stars AOL and Yahoo, is leaving the company at the end of the year, the telecom and media giant announced Wednesday. Armstrong was the first chief executive at Oath, the name chosen when Verizon acquired Yahoo and incorporated the internet pioneer into a new division that had promised to innovate in online media.

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