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AOL Laying Off 1,200
 AOL Laying Off 1,200 
Jan 12, 2010 4:07 AM CST

AOL Laying Off 1,200

European offices shut down in latest round of restructuring

(Newser) - The ax will fall on 1,200 AOL workers this week in the last stage of the company's goal to shed a total of 2,500 jobs, about a third of its workforce. Many European offices will be closed as part of the company's plan to restructure as a Web...

Tech Losers of the '00s
 Tech Losers of the '00s
Decade in Review
Dec 31, 2009 2:13 PM CST

Tech Losers of the '00s

From AOL to Motorola to Circuit City, these companies couldn't keep up

(Newser) - It’s been an amazing decade for technology, but not everyone came out ahead. CrunchGear considers the big losers of the '00s, starting with the biggest: Brick and mortar retailers. Once consumers learned to trust online merchants, lots of stores—we’re looking at you Circuit City and CompUSA—went...

AOL's Latest Revival Scheme Sounds Awful
AOL's Latest Revival
Scheme Sounds Awful
OPINION
Dec 2, 2009 12:01 PM CST

AOL's Latest Revival Scheme Sounds Awful

Chasing search terms is a bad way to produce content

(Newser) - AOL’s latest brilliant plan is to reinvent itself as an imitation of what Farhad Manjoo considers possibly the worst website in the world. New CEO Tim Armstrong recently unveiled his plan to make AOL a premier provider of “content.” It’ll have a computer scan search results...

AOL to Lay Off a Third of Staff
 AOL to Lay Off a Third of Staff 
Nov 19, 2009 8:13 AM CST

AOL to Lay Off a Third of Staff

Roughly 2300 will get the boot after spin-off

(Newser) - AOL says it plans to cut about a third of its work force once it is spun off from Time Warner. That would amount to nearly 2,300 of the roughly 6,900 workers at the struggling company. AOL said in a securities filing today it will impose the cuts...

Cost-Cutting Companies Target No. 2 Execs

Corporations eliminate second-in-command roles to save on costs

(Newser) - Cost-cutting at American's largest corporations is hitting the executive suite, with CEOs rolling up their sleeves to take on more day-to-day responsibilities and laying off their No. 2s. In the 18 months leading up to June 2009, 40 major companies eliminated COOs or presidents, the Wall Street Journal notes, while...

TMZ Scoops World on Jackson Death

(Newser) - TMZ left its more savory rivals in the dust yesterday, reporting Michael Jackson’s cardiac arrest and death before any other media outlet, the Chicago Tribune reports. The AOL gossip website reported Jackson’s death at 2:44 local time, less than 20 minutes after the singer expired. But many...

Time Warner Set to Spin Off AOL by Year's End

Division to go public by year's end

(Newser) - Time Warner plans to to shed its AOL division by the end of the year, the company said today, spinning it off into a publicly traded firm, the Wall Street Journal reports. Many predicted the move when Time Warner tapped Google ad exec Tim Armstrong as AOL’s CEO, and...

AOL Names Former Google Exec as CEO
AOL Names Former
Google Exec as CEO
Mar 12, 2009 6:27 PM CDT

AOL Names Former Google Exec as CEO

(Newser) - AOL is getting a new CEO. Tim Armstrong, a senior vice president at Google, will replace Randy Falco, who took the job in late 2006. Falco is leaving along with president and COO Ron Grant. The shakeup could mean that a Time Warner spin-off of AOL is more likely. Time...

Time Warner Posts $16B Loss on Declining Media Value

Conglomerate takes $25 writedown as publishing, Net assets cheapen

(Newser) - Time Warner reported a shattering fourth-quarter loss of $16 billion, prompted by plunging ad sales and a $25 billion goodwill writedown to reflect the decline in cable, publishing, and Internet assets, Bloomberg reports. While the media conglomerate took a hit from plummeting revenue at AOL and its magazines, rising revenue...

AOL Explores Sale of Bebo: Sources
AOL Explores
Sale of Bebo: Sources
Jan 27, 2009 3:56 PM CST

AOL Explores Sale of Bebo: Sources

Networking site may be on block for $200M year after $850M sale

(Newser) - Less than a year after shelling out $850 million to acquire Bebo, AOL is looking to sell, sources tell TechCruch—though both AOL and the social-networking site are denying it. Bebo, with underwhelming numbers and buffeted by the spiraling economy, could go for $200 million.

Ex-AOL Chief Seeks Funds to Buy Yahoo

$30B difficult to raise amid recession

(Newser) - After months of advising both Microsoft and Yahoo on a failed deal, former AOL chief Jonathan Miller is trying to put together a bid for Yahoo himself. The venture capitalist is asking private investors to help him amass the $30 billion needed to acquire the struggling, $10-a-share search engine group,...

Web Users Still Can't Get Enough Palin

GOP candidate still dominates web searches

(Newser) - We just can't seem to let Sarah Palin go. Nearly a month after the election, she continues to dominate user lookups on search engines, cable news sites, and YouTube, reports Politico. Alaska's governor ranks near the top of virtually every major search tool, including Yahoo, AOL, and Lycos, where she...

Service Cuts Make AOL Even More Useless
Service Cuts Make AOL
Even More Useless
ANALYSIS
Oct 1, 2008 5:00 PM CDT

Service Cuts Make AOL Even More Useless

Blogging, page-hosting features latest to go as parent Time Warner looks for answers

(Newser) - AOL is cutting two more of its website’s offerings, a blog creator and a data hosting service, Peter Kafka notes on Silicon Alley Insider. Users of AOL Journals, which hosts blogs, will be migrated to an equivalent host. Users of AOL Hometown, which mainly store photos—and, Kafka sniffs,...

Yahoo Board OKs New Round of AOL Talks

Time Warner anxious to decide on service's future

(Newser) - A Yahoo board of directors now stocked with allies of activist investor Carl Icahn cleared the way yesterday for reigniting talks on combining with AOL, the Financial Times reports. Time Warner’s chief is eager to decide AOL’s future “fairly soon,” but is hoping Microsoft will join...

AOL Brings in Outside Help With Homepage Redesign

Gmail, Facebook will be accessible from firm's web portal

(Newser) - AOL is overhauling its portal page, incorporating third-party email services and social-networking sites into AOL.com, paidContent reports. The redesigned site allows users to perform global status updates, so a message sent from AOL would show up on Facebook, Myspace, Twitter and more; users will also be able to view...

Mossberg Picks iPhone Apps
 Mossberg Picks iPhone Apps 
PRODUCT REVIEW
Jul 23, 2008 2:22 PM CDT

Mossberg Picks iPhone Apps

Add more cowbell or find nearby restaurants

(Newser) - Impressed with Apple's spread of iPhone apps, Wall Street Journal tech gurus Walt Mossberg and Katherine Boehret list their favorites.
  • AOL Radio: The best Internet radio player for the iPhone
  • Evernote: A good port of the elegant note-taking program
  • Instapaper: Instantly download Web pages for offline reading.
  • Travelocity TravelTools: Allows
...

Microsoft Meets With AOL to Explore Possible Deal

Software giant is seeking an alternative to Yahoo

(Newser) - Microsoft will sit down today with executives from Time Warner's AOL to explore a joint venture between the two companies, reports the Wall Street Journal. The software giant is looking for alternatives to its failed Yahoo buyout. Microsoft and Time Warner have been considering a deal for months, though no...

Not Just iPhone&mdash;iRadio!
 Not Just iPhone—iRadio! 
GADGETS
Jun 13, 2008 9:00 PM CDT

Not Just iPhone—iRadio!

The new gadget supports AOL Radio's new app, for free

(Newser) - Apple’s new iPhone will provide free, CD-quality radio from 200 stations in 25 genres—even if that does cut into iTunes' music business, Saul Hansell blogs in the New York Times. But Apple knows that it will "fare best if it makes the iPhone as useful as possible,...

Why Yahoo Should Sell&mdash; Before Microsoft Wakes Up
Why Yahoo Should Sell— Before Microsoft Wakes Up
analysis
May 20, 2008 10:08 AM CDT

Why Yahoo Should Sell— Before Microsoft Wakes Up

Forget cash flow; think sale price

(Newser) - Yahoo needs to sell to Microsoft, or it’ll wind up a cautionary tale, writes Dennis Berman in the Wall Street Journal. Yahoo currently trades at 48 times earnings—for comparison, GE trades at 15 times earnings, and Google at 33, even though both are growing faster than Yahoo’s...

SEC Charges Ex-AOL Execs With Fraud
SEC Charges Ex-AOL Execs With Fraud
May 20, 2008 9:42 AM CDT

SEC Charges Ex-AOL Execs With Fraud

Alleges they inflated revenue during merger with Time Warner

(Newser) - The Securities & Exchange Commission has filed civil fraud charges against eight former AOL executives for allegedly inflating AOL's advertising revenues before its merger with Time Warner, the Wall Street Journal reports. The men are accused of giving firms money to buy ads on AOL that they didn't want or...

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