There's a minor new shakeup in the internet tech world. It was just announced early this morning that Verizon will be purchasing AOL. The reasons for this acquisition include the following: Verizon believes a tie-in between the two businesses will improve their online video and content strategy. Additionally, AOL also is a player in the online ad business. Verizon wants to tap into that. The following quote is the press release from AOL, but we also included Verizon's full presser in the thread below. *Update: There's an interesting sidenote to this story. AOL happens to own several other media properties and Verizon will now own them in this deal. They include: The Huffington Post, TechCrunch, Engadget, & MAKERS. What do you think of Big Red's latest move?