Tim Armstrong, until recently senior VP of sales at Google, will become the new chairman and chief executive of AOL, the troubled division of Time Warner, replacing the much un-loved Randy Falco. Sure AOL is big, but so is General Motors. So, why is he taking… Read More »
Tech
AOL has finally gulped Bebo and formed what it calls People Networks. AOL bought Bebo earlier this year for a heart stopping $850 million. The group will be run by Joanna Sheilds, formerly of Bebo. David Liu was working on the AIM, ICQ, Goowy… Read More »
In a memo to employees aimed at addressing fears of an AOL/Yahoo tie-up, AOL chief Randy Falco today penned a truth for social networks: But despite drawing large, engaged audiences, other social networks have not been able to make the experiences relevant to users and… Read More »
Kara Swisher got her hands on a memo sent out to AOL (TWX) employees earlier today from CEO Randy Falco. Here is a summary of what it says: * The focus is advertising and the new venture, Platform-A. * New web-based properties, including super-hot TMZ.com, are the… Read More »