The long bezzle: Verizon can remain irrational longer than you can remain solvent.” Verizon shutters BlueJeans, three years after buying it for $400M, the latest in a long series of failures for the company.

Techdirt: Verizon Fails Again, Shutters Attempted Zoom Alternative BlueJeans After Paying $400 Million For It:

These repeated failures by Verizon would be less of an issue if the company didn’t have such a long history of skimping on essential broadband network upgrades. Whether it’s New York, New Jersey, or Pennsylvania, the telco has a long history of taking tax breaks, subsidies, or regulatory favors in exchange for promised DSL to fiber network upgrades that somehow never fully materialize.