Verizon’s Internet Boss Tim Armstrong in Talks to Leave

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Tim Armstrong, the chief of Verizon Communications Inc.’s media and promoting enterprise, is in talks to exit, in accordance with individuals acquainted with the matter, leaving unfinished the duty of constructing the unit right into a digital content material large.

Mr. Armstrong, who got here to Verizon in 2015 when it acquired AOL and helped steer its buy of Yahoo two years later, had tried to mix the 2 web corporations to problem Google and Fb Inc. in digital promoting. However these efforts to this point have did not generate a lot progress…

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