Verizon bets $4.8 billion on Yahoo...Why? (The 3:59, Ep. 83)

We also discuss the kickoff of the Democratic National Convention, and San Diego Comic-Con 2016.

Spencer Platt, Getty Images

Verizon snagged itself another Internet pioneer. Now what?

The US' biggest wireless carrier agreed to buy Yahoo for $4.8 billion, following Verizon's purchase last year of AOL for $4.4 billion. But with both AOL and Yahoo well past their primes, there are plenty of questions lingering about why Verizon wanted these two companies and what it plans to do with them.

We also talk about crowd-funding to get to the Democratic National Convention, and trailers for the new Wonder Woman and Justice League movies, which debuted at San Diego Comic-Con.

The 3:59 gives you bite-size news and analysis about the top stories of the day, brought to you by CNET Executive Editor Roger Cheng, Senior Writer Ben Fox Rubin and Producer Bryan VanGelder.

Check out the extended shows on YouTube.

HED: Verison bets $4.8 billion on Yahoo... why? (The 3:59, Ep. 83)

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