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Yahoo Takes Minority Stake in Ad Network Taboola (And, by the Way, Yahoo Is Still Around) from Daring Fireball RSS feed.

Yahoo Takes Minority Stake in Ad Network Taboola (And, by the Way, Yahoo Is Still Around)

Lauren Hirsch and Benjamin Mullin, reporting for The New York Times:

Yahoo is deepening its push into digital advertising, even as its competitors warn that the market is faltering.

The internet pioneer, which was taken private in a $5 billion deal last year, is taking a roughly 25 percent stake in Taboola, the company known for serving up attention-grabbing links on websites, the chief executives of the companies said in an interview. The deal is part of a 30-year exclusive advertising partnership that allows Yahoo to use Taboola’s technology to manage its sizable business in native advertising — ads that have the characteristics of traditional news and entertainment content.

Sad but unsurprising that Yahoo — at one time the premier quality-content-on-the-internet property — is now looking to the lowest common denominator clickbait property Taboola for inspiration and revenue.